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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BubbleSphere Roundup
Posted on January 23, 2008
Capitalism's Enemies Within (WashingtonPost)NAR commends Ben 'let's cut rates fast' Benranke. Message to NAR: Housing prices will continue to fall despite Bernanke's cutting.HousingPanic (HP) is planning a Housing Panic convention in Las Vegas. Will there be a debate between a Realtor who has just called the bottom and Keith the loud leader of HP?Foreclosures up 353% in S.D. County in 2007 (San Diego Union-Tribune)...
Original article linkTags:
foreclosures , housing , housing panic default explanation





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