First Crack in the Housing Bubble ... And Everyone Missed It

We didn't miss it so we'll point it out again.Median homes prices of new homes have been going down lately:

The median price of a home fell in July by a whopping 7.2%.

And the details paint an even more alarming picture of the staggering decline in the U.S. housing market. Since April, median home prices have fallen 14% ... They fell from $236,300 in April to $203,800.