Meanwhile, In Housing Bubble News…

Is America's newly minted housing bubble bursting?! I'm just kidding. The answer is "no." Or, actually, the answer is "not yet." Pandemic effects and the lowest mortgage rates in history likely mean the flaming-hot US housing market has some scope to get even more "bubbly," but it's worth noting that existing- home sales did fall in November, the National Association of Realtors said Tuesday. The 2.5% drop to a seasonally-adjusted annual rate of 6.69 million was in-line with estimates. Octo