Welcome to all the readers from Wonkette. :-) Thanks for the mention.
Crash2006 reports that another mortgage firm bites the dust. Merit Financial clearly did not have enough merit to stand up during a housing bubble bust.
Is David Lereah like Charles Ponzi? Is the housing bubble a giant Ponzi scheme?
The Baltimore Metro Area Housing Blog has a great post about a house that is having massive price reductions. The speculator clearly won't make as much as they had hoped for, but probably will turn a tidy profit on the property.
DC Bubble reports that the amount of inventory and the percentage of housing units where prices have been reduced has increased in DC proper. It bubblicious here.
Northern New Jersey Real Estate Bubble has a great find about how 'Land Value Increases In Japan, First Time In 15 Years'
Finally, SocketSite continues to offer solid coverage of the San Francisco housing market.
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