Tag: housing boom

The Malkinites of the world hate when the government tries to help people out, but that is exactly what they are doing: Prodded in part by some of the nation’s biggest banks, the Bush administration and Congress are considering costly new proposals for the government to rescue hundreds of thousands of homeowners whose mortgages are […]

After a rash of apparently “good news” it looks as though the economic-monster has hit. There is now speculation that the housing bubble has finally burst: WASHINGTON – Sales of new homes plunged in November by the largest amount in nearly 12 years, providing the most dramatic evidence yet that the red hot housing market […]