News - Southern California Real Estate News

WSJ.com: Real Estate
Debt Costs Stoke Fears for Freddie	8/19/2008 9:20 PM
Freddie Mac was forced to offer unusually rich terms in a $3 billion auction of its debt, fueling concerns about a possible bailout.
Housing's Chill Hits Apartments	8/19/2008 8:27 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 8:10 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 7:48 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.
Fannie, Freddie Are Pounded	8/19/2008 2:04 AM
Shares of Fannie Mae and Freddie Mac plunged amid concerns that the providers of funding for U.S. home mortgages won't be able to avoid a government bailout.
Here's Donald, to Assist Ed McMahon	8/18/2008 6:53 AM
Donald Trump is negotiating a deal that would allow Ed McMahon to avert foreclosure and remain in his Beverly Hills, Calif., home.
Help for Home Buyers	8/16/2008 8:35 PM
When it comes to housing, it's a buyer's market -- especially for first-time home buyers eligible for new tax breaks.
New World China Executive Quits	8/18/2008 6:48 AM
Hong Kong's former top housing official Leung Chin-man stepped down as executive director and vice chairman of New World China, as the firm acknowledged that accusations of a conflict of interest had taken a political toll.
FBI Probes Home-Buying Incentives	8/18/2008 6:50 AM
Federal investigators are questioning whether home-buying incentives at the start of the downturn contributed to today's home-price crash.
Skyline Gets Facelift Ahead of Asian Games	8/19/2008 5:48 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.