Thehousing bubble, that is.

Sales of existing homes fell in 38 states during the summer, led by steep declines in Nevada, Arizona, Florida and California, as the once-booming housing market showed further signs of a steep slowdown.

The National Association of Realtors reported that sales dipped to a seasonally adjusted annual rate of 6.27 million units nationwide, down by 12.7 percent from the same period a year ago.

One thought on “Busteded

  1. Three more years, baby!
    (I won’t be able to buy until my car is paid off – and then, I’m hoping that the crazy crazy market around here has settled down a little bit).

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