Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.
Tuesday, July 31, 2007
I'm Taking a Bloggers Break
No, Lance, there still is a housing bubble and most housing markets in bubble metro areas continue to decline.
Tuesday, July 10, 2007
Tuesday, July 03, 2007
Existing Homes Contracts Decline for May
Americans unexpectedly signed the fewest contracts to buy previously owned homes in more than five years in May as buyers waited for lower prices and lenders made it harder to get mortgages.
The index of signed purchase agreements, or pending home resales, dropped 3.5 percent to 97.7 from a revised 101.2 in April, the National Association of Realtors said today in Washington.
Today's report showed that the May reading was the lowest level since September 2001, when the economy was in the midst of the last recession. April pending home resales were revised to a decline of 3.5 percent. (Bloomberg, June 3, 2007)
Monday, July 02, 2007
BubbleSphere Roundup
Check out my other blog the Lawrence Yun Watch and how Mr. Yun Contradicts himself.