Housing bubble happen here? Oh, never, we’ve heard for the past several months.
Then WHY did pre-existing home sales FLOP last month, falling a huge 25 percent? Prices fell 2 percent as well.
Smugness risks not being alert to North Texas possibly getting its share of a recession-based boot in the butt, too.
I’ve been issuing the warning for months.
Sidebar: The Dallas Morning News website is still so FUBAR, especially on its search functions, that after reading this story in hardcopy, it was easier for me to find it online, for the URL to link, by using Google News, not the Snooze’s website.
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
January 08, 2008
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