Residential property news
 
Home Magazine a Victim of Housing Woes
8/20/2008 11:38 PM
The publisher of Home said it is pulling the plug on the struggling magazine. The downturn in the real-estate market has cast doubt on reader and advertiser appetite for "shelter" publications that tell people how to spruce up their homes......
 
FDIC Unveils IndyMac Plan
8/20/2008 7:13 PM
The FDIC unveiled a plan to help borrowers of failed thrift IndyMac in order to keep consumers in their homes and limit the government's potential losses......
 
Debt Costs Stoke Fears for Freddie
8/20/2008 1:32 PM
Freddie Mac was forced to offer unusually rich terms in a $3 billion auction of its debt, fueling concerns about a possible bailout for the mortgage giant and its sibling, Fannie Mae......
 
Wachovia Unloads Troubled Loans
8/20/2008 2:13 PM
A venture headed by LandCap is buying $40 million in troubled land and construction loans from Wachovia......
 
Housing's Chill Hits Apartments
8/20/2008 11:25 PM
The specter of job losses is beginning to take a toll on apartment buildings as would-be renters are doubling up in apartments or moving in with friends and families......
 
Housing Downturn Hits Home Depot
8/19/2008 9:10 PM
Home Depot's profit fell 24% on lower sales as the home-improvement retailer struggled to sell big-ticket items. (Home Depot conference-call transcript......
 
Mortgage Securities Stir in U.K.
8/19/2008 8:48 PM
Alliance & Leicester, a British bank, sold about $745.7 million of high-quality bonds backed by home loans this week in a rare sign of life in the market for mortgage securities......
 
Here's Donald, to Assist Ed McMahon
8/20/2008 2:30 PM
Donald Trump is negotiating a deal that would allow Ed McMahon to avert foreclosure and remain in his Beverly Hills, Calif., home......
 
Japan Developers' Woes Grow
8/20/2008 8:02 PM
Japan has seen a raft of property developers go to the wall this year as banks have refused to refinance their loans. Analysts say the bankruptcy filings are likely to set off a vicious cycle that will weigh on the sector's shares in the coming months......
 
Skyline Gets Facelift Ahead of Asian Games
8/19/2008 6:48 PM
Ultramodern skyscrapers, new stadiums and a 610-meter-high television and sightseeing structure are in the works in Guangzhou, China's manufacturing hub, as it prepares to host the Asian Games in 2010......


Residential property news
 
Photosynth uses lots of photos to put you amid a 3D scene
8/21/2008 12:15 AM
First there was the snapshot, and then came video. Now comes Microsoft Photosynth, kind of something in between.

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Diller's IAC separating into 5 units
8/21/2008 12:02 AM
IAC/InterActiveCorp will officially break itself into five distinct companies Thursday, marking what could be one of the toughest ...

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For investing, PCs are hands-down winners vs. Macs
8/20/2008 11:01 PM
Q: What's a better computer for online investing, a PC or a Mac?

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Apple tries to de-bug iPhone
8/20/2008 10:21 AM
Apple acknowledged that a software update for the iPhone partly fixes the connection snags that have caused a global firestorm ...

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Mexican peppers posing salmonella risk still being sold
8/20/2008 9:41 PM
Federal officials say fresh jalapeno and serrano peppers from Mexico pose a salmonella risk, but the peppers are still selling ...

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A year after speech, Bernanke may have to eat his words
8/20/2008 9:48 PM
Last year, as financial markets began to crumble under the weight of bad mortgage loans, Chairman Ben Bernanke told the Federal ...

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Chinese sponsors ignore politics
8/20/2008 10:28 PM
North Korea? Check. Iraq? Check. Iran? Apparently not, but Olympic teams of two of the three charter members of President Bush's ...

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USDA: Food prices to post biggest rise this year since 1990
8/20/2008 4:42 PM
Consumers should brace for the biggest increase in food prices in nearly 20 years in 2008 and even more pain next year due to ...

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Stocks break two-day losing streak in erratic session
8/20/2008 4:52 PM
Stocks closed higher Wednesday after bouncing up and down most of the session as the price of oil seesawed and worries about ...

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Mortgage demand drops despite falling rates
8/20/2008 8:32 AM
Mortgage applications fell last week despite a drop in interest rates, the Mortgage Bankers Association said Wednesday.

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