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January 08, 2008

Time for Dallas housing analysts to start eating crow over bubble

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.

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