MortgagesUndressed

It’s a tiny bubble,

not big trouble.

From MarketWatch.com Here is how they see the data.

Hot of the press.. Click Here and think happy thoughts.

New home sales rise 4.1% to 1.05 million pace

Median sales price down 1.3%, first yearly decline in three years

We have two cats, not this one tho.

BIBBLE

Some say we are in for a really big bubble.

Flippers are worried that for them its big trouble.

Is it the return of the S & L days, the crises we felt?

where real estate crashed and the prices did melt?

Nope -
The old grandfather says the pull back is little,

and instead of a bubble were in for a bibble.

Larry Cragun