Luxury home prices in San Francisco, San Diego and Los Angeles fell from year-ago levels, and real estate agents think the current quarter could look even worse, according to the First Republic Prestige Home Index. (FISV)
Big Deal: Barbara Corcoran Buys a Home Office New York Times, 25 August 2010
A real estate entrepreneur paid $900,000 for a ground-floor apartment that will be used as work space. She already lives in the building.
Wake Forest shopping center sold for $11.5M 25 August 2010
The Wake Forest Crossing I shopping center has been sold for $11.5 million, Raleigh-based real estate firm Hunter and Associates announced Wednesday.
10-year Treasury yield bounces off 19-month low CNN, 25 August 2010
Treasury yields were mostly higher Wednesday as investors digested a $36 billion sale of 5-year notes and another dour report on the housing market.Housing's a wreck. Builders rally. Huh? CNN, 25 August 2010
Stop me if you've heard this before. The housing market is still in shambles.New Home Sales Sink to Record Low Fox News, 25 August 2010
Hopes of economic recovery fade as latest home sales figures show shift from record high to all-time low within five years Foreclosure Study Shows Dramatic Value DropU.S. Factories See Slight Increase in OrdersHousing's a wreck. Builders rally. Huh? CNN, 25 August 2010
Sales of new homes dropped sharply last month to the slowest pace on record, while mortgage applications jumped in the most recent week as homeowners ...