As 2007 winds to a close, what better time to reflect on the events of the past year and look forward to the possibilities that lie ahead? Check out what the latest housing-related blogs have to say. Who knows? They just might provide some inspiration for your New Year's resolution.

The Wall Street Journal takes a look at reverse mortgages as an option for debt-laden seniors.

The Housing Bubble looks at the bumpy road to a buyer's market.

Seeking Alpha posts predictions for the housing market and discretionary consumer spending in 2008.

Paper Economy's take on the NAHB's December Housing Market Index.

Dr. Housing Bubble likens the infusion of liquidity in the current market to the practice of giving meth to a meth addict in rehab because they can't handle the pain of withdrawal.

John Lansner, real estate editor for the Orange County Register, examines the 8.8% decline in local single-family home prices for Los Angeles and Orange Counties.

Seeking Alpha provides analysis of the subprime crisis's exacerbation.

HousingPANIC foresees that the current actions of central banks to dissociate financial problems from broader economic issues will push us into a global depression.

Learn more about markets featured in this article: Los Angeles, CA.