For Sale By Owner, Cheap!!

The houding market here is bursting fast. It seems like every other house on some streets is for sale, but no one will buy them at the still inflated prices being asked. I have heard from a source in the mortgage department of a large bank here that there are fewer people than ever applying to purchase a new home, and almost none applying to construct a home. Since construction is among this state's biggest industries, this means the construction companies are out of work, so they are laying people off. It looks to me like the economy of this state is being held in a death-roll by the housing bubble.