A blog dedicated to tracking the continuing decline of housing markets throughout the USA. It is a long slow decline. But, decline it will. The speculative episode was simply unsustainable. With special attention to the Washington, DC area. Please join in the discussion.
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Bubble Sphere Roundup
Posted on August 07, 2008
Housing Panic blasts Freddie Mac CEO Richard Syron for not proactively responding to developing risks. Oh. Freddie Mac just reported 821 million in losses for the second quarter.Map of Prime Foreclosures at REComments.Forbes: Central Valley's Incredible Shrinking Home Equity...
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foreclosures , housing , housing panic default explanation





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