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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: russwinter who wrote (70837)10/3/2006 3:49:43 PM
From: dpl   of 110194
 
This tells it all.


66% year-over-year decline in sales

35 months supply

203 single-family home permits in August, down 70 percent from the 669 permits issued in August 2005.

Foreclosure rates in Palm Beach County soared in August to more than four times the national rate — and rose a sobering 226 percent compared with the same month last year,
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