This Week on HousingPanic.Blogspot.com Toll Brothers Freaks Out the Market, New CEPR Report on Bursting Housing Bubble, and Phoenix Real Estate Listings Explode

New housing bubble blog uncovers truths of worldwide housing and credit bubble, allowing readers to understand, comment and react.

(PRWEB) November 11, 2005 -- Postings on http://HousingPanic.Blogspot.com this week included the following headlines and articles:

•    Risk of Home Price Declines Increases

•    There Goes the Neighborhood - Why home prices are about to plummet - and take the recovery with them.

•    Will Greenspan’s Legacy Be as a Master Banker or Master Bankrupter?

•    Toll Shakes Up Economy's Foundation

•    New housing bubble report from the Center for Economic and Policy Research - "Will a Bursting Bubble Trouble Bernanke?"

•    Prepare for a Real Estate Crash

•    Phoenix market will now implode - check out these listing #s

•    It's time to develop your understanding of crashes

•    Toll Sounds Alarm Bells

•    Property owners should sell immediately before prices drop further, the brains behind Aussie Home Loans has warned

•    High-end homes getting harder to unload

•    Don’t get caught up in the real estate frenzy

•    'Biggest bubble in history' may burst

•    Empty houses, falling prices: A boom dies

•    Where a housing bust will hurt most

“The reaction to http://HousingPanic.Blogspot.com has been overwhelming,” according to Keith Brand, developer of the new Website. “Thousands of users have already found the site, no doubt spurred to action by the current market conditions – and future housing prospects.”

“In addition to the frightening news we are reporting,” continued Mr. Brand, “we’re also hearing simple ‘word from the street’ from our readers which shows that investors and speculators are rushing properties to market in order to get out, and homeowners are preparing to sell in order to rent – at significant savings versus ownership.”

“This is already causing prices to decline, as we saw in the September and October numbers, and has set up this housing market for a fall of historic proportions,” concluded Brand.

About Housing Panic

http://HousingPanic.Blogspot.com was developed to be the definitive source of news, opinion and user commentary for the worldwide housing bubble. The goal of the http://HousingPanic.Blogspot.com blog is to simply inform, so that its readers may make their most intelligent housing choices.

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