More Big Bad Bubble News
Monday, November 20, 2006
More Housing Bubble news. The headline is, "Home Sales Fall in 38 States..."
Could it be that the only reason the Housing Bubble has not completely burst leaving interest only residue all over the sides of our mouths because the economy is still strong and jobs are on the rise?
Stuart Hoffman seems to think so,
"I think the permits numbers point to yet another flight of stairs down on housing before we hit the basement," he said. "On the other side, stocks are rising, consumer confidence is good and jobs are rising. Those factors are keeping this decline in housing contained."
Via Breitbart.com
posted by author @ 5:29 PM,
