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Real Estate
Latest Web Trends Begin to Influence Real Estate Websites
In a move that could forecast sweeping changes to popular real estate websites, online property listings service MyHouseDeals.com launches new website to meet the demands of a changing Web...

CA: O.C. Fairgrounds sold for $56.5M
“We see this as an interesting opportunity to enhance something that’s here,” said Steven Craig, president and chief executive of Craig Realty...

Planet Hollywood timeshares open on the Las Vegas Strip
The first timeshare owners have begun moving into a new tower attached to Planet Hollywood on the Las Vegas Strip... Visit USA Today Website

New law to help stabilize neighborhoods
Assemblyman Marcus Conklin, who chaired the special subcommittee that proposed the legislation, said the bill is critical because Nevada’s foreclosure crisis is affecting everyone, not just those who are losing their homes.

CityCenter in Las Vegas cuts condo prices 30 pct
Developers of the $8.5 billion CityCenter on the Las Vegas Strip plan a 30 percent price cut on condos there that people have already agreed to buy, just help close the deals during the recession. Visit newsday.com Website

AP analysis: Signs of recovery in some US areas
WASHINGTON (AP) -- The latest results of the AP's Economic Stress Index showed the pain easing in some of the nation's hardest hit areas, such as Elkhart, Ind., and pockets of the Carolinas. But foreclosure hotbeds in metro Las Vegas and South Florida continued to suffer. Visit Associated Press Website

Dallas woman fuming over smoking neighbor at complex
A Dallas woman has filed a lawsuit seeking six figures from a former neighbor and landlord for damage she says was caused by cigarette smoke wafting through adjoining walls of her high-end townhome Visit Dallas Morning News Website

Homeowners in financial trouble often redefault
WASHINGTON (AP) -- Lenders are ramping up efforts to avoid home foreclosures, but a report by bank regulators says more than half of borrowers who get help fall behind again.... Visit Associated Press Website

Index shows home prices increase from 1Q to 2Q
NEW YORK (AP) -- Home prices across most of the country have started to rise from the depths of the housing slump, a critical trend that will help stabilize the broader U.S. economy, according to new figures released Tuesday.... Visit Associated Press Website

Consumer sentiment, home prices show signs of life
WASHINGTON (AP) -- Americans' pessimism about the economy appears to be lifting, with consumer expectations for the next six months hitting their most positive point since the recession began.... Visit Associated Press Website

July home sales surge more than 7 percent
WASHINGTON (AP) -- The U.S. housing market is rebounding faster than expected. The question is, can it last? Home resales in July posted the largest monthly increase in at least 10 years as first-time buyers rushed to take advantage of a tax credit that expires Nov. 30. Sales jumped 7.2 percent and beat expectations, the National Association of Realtors said Friday.... Visit Associated Press Website

Foreclosures expected to peak at end of 2010
The housing market continues to threaten signs of an economic recovery, with new data released on Thursday showing an all-time high of Americans falling behind on loan payments... Visit The Hill Website

Mortgage delinquencies hit record high in Q2
WASHINGTON (AP) -- More than 13 percent of American homeowners with a mortgage are either behind on their payments or in foreclosure as the recession throws more people out of work, the Mortgage Bankers Association said Thursday... Visit Associated Press Website

Billy Joel selling homes in posh Hamptons for $35M
SAGAPONACK, N.Y. (AP) -- Rock and Roll Hall of Famer Billy Joel is selling a pair of adjacent homes in the Hamptons for $35 million after a split from third wife Katie Lee Joel... Visit Associated Press Website

Housing, Factory Slowdowns in U.S. Probably Eased, Hinting at a Recovery
The housing and manufacturing declines that pushed the U.S. into the worst recession since the 1930s probably eased further, putting an economic recovery within reach, economists said reports this week will show. Visit Bloomberg Website

Affluent Market for Vacation Homes Looking Gloomy
The potential market for vacation homes, including full ownership and private residence and destination clubs, has declined substantially from 2007 levels, reflecting losses in net worth and a negative 12-month outlook...

Realtors® Use New Visa Types to Open Doors for Foreign Buyers
Citizens of other countries represent an important segment of the U.S. home buying market, and now new special visa categories that allow foreign nationals to gain U.S. residency...

Sales of preowned homes climb in February
Sales of previously occupied homes in the Western United States climbed in February, as low mortgage rates and cheap foreclosed properties drew in many first-time buyers and investors, according to two reports released Monday. Visit Associated Press Website

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