Are we there yet?

More bad news in housing: August pending home sales figures are out, and they're awful. Down 6.5% from last month, and down 21.5% from last year according to the National Association of Realtors. It was a drop much larger than expected.

What else have we missed?

Let's see: Mortgage applications are down, particularly for those looking to buy homes. August foreclosures are up. Oh, and home prices? They're down as well.

And homebuilders? They're having fire sales and offering steep discounts, just to get potential buyers in the door.

Douglas County, Smyrna Taxes

2007 Douglas County taxes are now out, as are the City of Smyrna's.

2007 Forsyth County Property Taxes

Forsyth County taxes are now out. All closings for Forsyth county properties will collect for 2007 taxes.

2007 Fayette County Taxes

The 2007 Fayette County property taxes are now out.

All closings for Fayette County properties will now collect for the full tax amount.

More Bad News on the Home Sales Front

According to the National Association of Realtors, this past July saw the largest drop on record for pending home sales. Contracts to buy existing homes fell over twelve percent, over ten percent more than expected.

The only time when sales have been this bad? September 2001.