BubbleSphere Roundup

News of the housing market's continuing decline keeps rolling in. I have been slacking off recently when it comes to blogging. :-( Thankfully, we have many excellent blogs to help track and make sense of all this information. Check the links on the sidebar.

Paper Money reports on January's New Construction Report. Paper Money eloquently writes "Reported as showing the slowest pace of housing starts in more than nine years, yesterday’s “New Residential Construction” report seemed to have shaken Wall Streets confidence that the housing decline is in the process of stabilizing. That is, until bullish optimists ran with the notion that this report signaled a good sign for housing as it indicated that home builders were working through inventories and reducing production."

Calculated Risk continues to do an outstanding job reporting about the economy. In a post titled Subprime: The impact on Existing Home Sales in 2007, Mr. Calculated Risk asks "What will be the impact of tighter lending standards in the subprime mortgage market on existing home sales?"

David Lereah's primary residence and Alexandria condo both drop in value.

Locally, DC Housing Bubble Blues, Southern Maryland Housing Bubble News, Baltimore Metro Area Housing Blog continue to report about the housing bubble in the Washington - Baltimore Metro area. Frankly Realty has joined the blogging effort anbd is based in the Commonwealth of Virginia. One of his posts warns buyers about Exclusive Buyer Agency Contracts. Don't Sign Them... Yet."