Will the Housing Market continue to drop with New Closing Regulations?

With a fast paced market house sales are down from last month but still above a year ago by about 100.  As of October 3, the 30 day closing is no more.  These new  regulations are causing lenders to issue loan estimate and closing disclosure documents to eliminate any confusion about actual mortgage costs.  Will the trend continue with these new regulations?

Read more: http://www.businessrecord.com/Content/Real-Estate-Development/Real-Estate-Development/Article/September-house-sales-down-from-August-still-above-year-ago-levels/173/835/70505#ixzz3oOBXs4Tt