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Beginning of the end
Old 01-21-2006, 04:05 PM   #1
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Join Date: Dec 2005
Posts: 137
Oh how it ends in ignomy, I'm just surprised at how quickly this is unwinding. Spring, earliest, I had thought.

NYC mayor: housing market "dramatically" slowing

http://news.yahoo.com/s/nm/20060120/...newyorkcity_dc

NEW YORK (Reuters) - New York City Mayor Michael Bloomberg on Friday said the real estate market was slowing "dramatically" and only a "miracle" could stop soaring mortgage rates from eating into housing prices.
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