Copyright (c) 2009 Yahoo! Inc. All rights reserved. http://news.yahoo.com/i/2121 business Business - Real Estate en-us Fri, 03 Jul 2009 12:08:41 GMT 5 142 18 http://news.yahoo.com/i/2121 http://l.yimg.com/a/i/us/nws/th/main_142b.gif http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/bw/20090703/bs_bw/jul2009db2009072972071 bw/20090703/jul2009db2009072972071 BusinessWeek Online business Fri, 03 Jul 2009 12:08:41 GMT BusinessWeek Online - U.S. job losses in June rose to 467,000 as the national unemployment rate rose to 9.5%. This follows a decade where job creation in the private sector hovered in the 1% range. In our feature segment, Chief Economist Michael Mandel explains why job growth has stalled, its importance, and what can be done to reverse this trend. Plus, the latest on the troubled housing market and Wal-Mart's (wmt.) unusual alliance with a labor union. http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/20090702/bs_nm/us_housing_barclays nm/20090702/us_housing_barclays Reuters business Thu, 02 Jul 2009 19:56:55 GMT Reuters - U.S. housing prices will fall by a double-digit percentage from already beaten-down levels, resulting in an overall 40 percent plunge by the time foreclosures peak in the second half of 2010, Barclays Capital economist Michelle Meyer said. http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/20090701/bs_nm/us_financial_housing nm/20090701/us_financial_housing Reuters business Wed, 01 Jul 2009 21:57:34 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/20090701/bs_nm/us_financial_housing"><img src="http://d.yimg.com/a/p/rids/20090701/i/r1082864800.jpg?x=130&y=89&q=85&sig=71taunt5Wh8xuOmFM5AJOw--" align="left" height="89" width="130" alt="The headquarters of mortgage lender Fannie Mae is shown in Washington September 8, 2008. REUTERS/Jason Reed" border="0" /></a>Reuters - The Obama administration on Wednesday expanded its foreclosure prevention efforts to help a greater number of underwater homeowners refinance their mortgages.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/20090701/bs_nm/us_financial_housing"><img src="http://d.yimg.com/a/p/rids/20090701/i/r1082864800.jpg?x=130&y=89&q=85&sig=71taunt5Wh8xuOmFM5AJOw--" align="left" height="89" width="130" alt="photo" title="The headquarters of mortgage lender Fannie Mae is shown in Washington September 8, 2008. REUTERS/Jason Reed" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20090701/ap_on_bi_ge/us_dollar ap/20090701/us_dollar AP business Wed, 01 Jul 2009 20:21:49 GMT AP - The dollar was lower against most major currencies Wednesday on mixed economic reports that showed more stable manufacturing activity and a rise in pending home sales. http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/time/20090701/us_time/08599190764800 time/20090701/08599190764800 Time.com business Wed, 01 Jul 2009 18:10:00 GMT Time.com - Home sales are improving lately, but it's the small starter homes that sell, while big expensive houses go unloved http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20090701/ap_on_bi_ge/us_foreclosure_relief ap/20090701/us_foreclosure_relief AP business Wed, 01 Jul 2009 17:22:43 GMT AP - The Obama administration is expanding a program to stave off foreclosure for borrowers who owe more than their homes are worth. http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20090701/ap_on_bi_ge/us_freddie_mac_treasury ap/20090701/us_freddie_mac_treasury AP business Wed, 01 Jul 2009 15:32:43 GMT AP - Battered mortgage giant Freddie Mac received $6.1 billion in new funds from the Treasury Department to help offset its mounting liabilities, according to a regulatory filing submitted Wednesday. http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20090701/ap_on_bi_ge/pending_home_sales ap/20090701/pending_home_sales AP business Wed, 01 Jul 2009 15:20:02 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20090701/ap_on_bi_ge/pending_home_sales"><img src="http://d.yimg.com/a/p/ap/20090701/capt.a59c1abb01a34e07956c80b9f08b7277.pending_home_sales_cars302.jpg?x=130&y=93&q=85&sig=iweenUP8OabNAXTqMnIZUw--" align="left" height="93" width="130" alt="In this June 23, 2009 photo, an 'in escrow' sign is seen on a home for sale in the Pacific Palisades area of Los Angeles. The National Association of Realtors said Wednesday, July 1, 2009, pending home sales rose in May for the fourth straight month, fresh evidence that the housing sector may be recovering. (AP Photo/Reed Saxon)" border="0" /></a>AP - Pending home sales rose in May for the fourth straight month, spurred by low prices and a first-time homebuyers tax credit, fresh evidence that the housing sector may be recovering.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20090701/ap_on_bi_ge/pending_home_sales"><img src="http://d.yimg.com/a/p/ap/20090701/capt.a59c1abb01a34e07956c80b9f08b7277.pending_home_sales_cars302.jpg?x=130&y=93&q=85&sig=iweenUP8OabNAXTqMnIZUw--" align="left" height="93" width="130" alt="photo" title="In this June 23, 2009 photo, an 'in escrow' sign is seen on a home for sale in the Pacific Palisades area of Los Angeles. The National Association of Realtors said Wednesday, July 1, 2009, pending home sales rose in May for the fourth straight month, fresh evidence that the housing sector may be recovering. (AP Photo/Reed Saxon)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/20090701/bs_nm/us_usa_economy_housing nm/20090701/us_usa_economy_housing Reuters business Wed, 01 Jul 2009 14:07:28 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/20090701/bs_nm/us_usa_economy_housing"><img src="http://d.yimg.com/a/p/rids/20090701/i/r2297075129.jpg?x=130&y=87&q=85&sig=jvsNHtOQ4udOcH_gv23Gqg--" align="left" height="87" width="130" alt="Prospective home buyer Jessica Doctoroff (C) visits a condominium for sale with her real estate agent Brenda Bremis in Medford, Massachusetts April 2, 2009. REUTERS/Brian Snyder" border="0" /></a>Reuters - Pending sales of previously owned U.S. homes rose slightly in May, the fourth straight monthly gain, a real estate trade group said on Wednesday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/20090701/bs_nm/us_usa_economy_housing"><img src="http://d.yimg.com/a/p/rids/20090701/i/r2297075129.jpg?x=130&y=87&q=85&sig=jvsNHtOQ4udOcH_gv23Gqg--" align="left" height="87" width="130" alt="photo" title="Prospective home buyer Jessica Doctoroff (C) visits a condominium for sale with her real estate agent Brenda Bremis in Medford, Massachusetts April 2, 2009. REUTERS/Brian Snyder" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/20090701/bs_nm/us_mortgage_applications nm/20090701/us_mortgage_applications Reuters business Wed, 01 Jul 2009 13:54:22 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/20090701/bs_nm/us_mortgage_applications"><img src="http://d.yimg.com/a/p/rids/20090619/i/r2414032304.jpg?x=130&y=86&q=85&sig=qCp3Ry2WgojfEpYyID7qsA--" align="left" height="86" width="130" alt="A real estate sales sign sits outside of a house for sale in Phoenix, Arizona in this June 2, 2009 file photo. REUTERS/Joshua Lott" border="0" /></a>Reuters - U.S. mortgage applications plunged to a seven-month low last week as demand for home refinancing loans tumbled 30 percent, data from an industry group showed on Wednesday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/20090701/bs_nm/us_mortgage_applications"><img src="http://d.yimg.com/a/p/rids/20090619/i/r2414032304.jpg?x=130&y=86&q=85&sig=qCp3Ry2WgojfEpYyID7qsA--" align="left" height="86" width="130" alt="photo" title="A real estate sales sign sits outside of a house for sale in Phoenix, Arizona in this June 2, 2009 file photo. REUTERS/Joshua Lott" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20090630/ap_on_bi_ge/us_bailout_fund ap/20090630/us_bailout_fund AP business Tue, 30 Jun 2009 21:11:41 GMT AP - The Treasury Department said Tuesday that it has approved three more firms for its mortgage relief program. http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/20090630/us_nm/us_financial_housing_philadelphia nm/20090630/us_financial_housing_philadelphia Reuters business Tue, 30 Jun 2009 21:00:15 GMT Reuters - A program to avert residential mortgage foreclosures has saved almost 60 percent of its participants from losing their homes in a sheriff's sale, officials said on Tuesday. http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20090630/ap_on_bi_ge/home_prices ap/20090630/home_prices AP business Tue, 30 Jun 2009 19:10:27 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20090630/ap_on_bi_ge/home_prices"><img src="http://d.yimg.com/a/p/ap/20090630/capt.1ed8d45bd4a5463cb7d0bcaa77de287b.economy_home_prices_cars203.jpg?x=130&y=90&q=85&sig=wf_YwMzR_kmmnt_6jb4smw--" align="left" height="90" width="130" alt="In this June 23, 2009 photo, an 'in escrow' sign is seen on a home for sale in Los Angeles. The Standard & Poor's/Case-Shiller index released Tuesday, June 30, showed home prices in 20 major cities tumbled by 18.1 percent from April 2008. The 10-city index fell 18 percent from the year before. (AP Photo/Reed Saxon)" border="0" /></a>AP - Newfound signs of stability in the housing market could still be threatened by rising foreclosures and slow efforts to stop them, according to two reports released Tuesday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20090630/ap_on_bi_ge/home_prices"><img src="http://d.yimg.com/a/p/ap/20090630/capt.1ed8d45bd4a5463cb7d0bcaa77de287b.economy_home_prices_cars203.jpg?x=130&y=90&q=85&sig=wf_YwMzR_kmmnt_6jb4smw--" align="left" height="90" width="130" alt="photo" title="In this June 23, 2009 photo, an 'in escrow' sign is seen on a home for sale in Los Angeles. The Standard & Poor's/Case-Shiller index released Tuesday, June 30, showed home prices in 20 major cities tumbled by 18.1 percent from April 2008. The 10-city index fell 18 percent from the year before. (AP Photo/Reed Saxon)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20090630/ap_on_bi_ge/us_chase_mortgage_modified ap/20090630/us_chase_mortgage_modified AP business Tue, 30 Jun 2009 15:17:34 GMT AP - Chase said Tuesday it has approved 138,000 trial mortgage modifications for struggling homeowners in the past three months. http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20090630/ap_on_bi_ge/us_mortgage_protests ap/20090630/us_mortgage_protests AP business Tue, 30 Jun 2009 14:51:57 GMT AP - Protests are planned in more than a dozen cities across the country to demand that a group of mortgage companies who benefited from federal bailout money participate in a government program designed to prevent foreclosures. http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/mcclatchy/20090629/pl_mcclatchy/3262645 mcclatchy/20090629/3262645 McClatchy Newspapers business Mon, 29 Jun 2009 22:27:00 GMT McClatchy Newspapers - WASHINGTON — The housing bubble, lax regulatory oversight and an influx of shady loan professionals have made lawmakers uneasy about the safety and soundness of the popular government-backed reverse-mortgage program. http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20090629/ap_on_bi_ge/us_state_street_sec_investigation ap/20090629/us_state_street_sec_investigation AP business Mon, 29 Jun 2009 21:54:25 GMT AP - State Street Corp. on Monday disclosed in a regulatory filing that the Securities and Exchange Commission could bring civil charges against its main subsidiary for possible securities violations tied to past investments in subprime mortgages. http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/20090629/us_nm/us_mortgage_probe_court nm/20090629/us_mortgage_probe_court Reuters business Mon, 29 Jun 2009 19:47:06 GMT Reuters - A divided U.S. Supreme Court ruled on Monday that the New York attorney general's office can investigate whether national banks discriminated against minorities seeking mortgages. http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/ap/20090629/ap_on_bi_ge/us_weingarten_realty_offering ap/20090629/us_weingarten_realty_offering AP business Mon, 29 Jun 2009 16:31:17 GMT AP - Real estate investment trust Weingarten Realty Investors said Monday it has expanded an offer to repurchase outstanding notes to a total $325 million, and extended the time it's giving investors to decide on the maximum tender offer. http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/20090629/bs_nm/us_statestreet_sec nm/20090629/us_statestreet_sec Reuters business Mon, 29 Jun 2009 14:33:38 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/20090629/bs_nm/us_statestreet_sec"><img src="http://d.yimg.com/a/p/rids/20090629/i/r21234521.jpg?x=130&y=91&q=85&sig=erUTgflv76VKYiYgLaw5rg--" align="left" height="91" width="130" alt="A sign marks the headquarters of State Street Bank in Boston, Massachusetts May 18, 2009. REUTERS/Brian Snyder" border="0" /></a>Reuters - Asset management and servicing giant State Street Corp said it might face civil charges by U.S. securities regulators for exposing investors to losses on subprime mortgages.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/realestate/*http://news.yahoo.com/s/nm/20090629/bs_nm/us_statestreet_sec"><img src="http://d.yimg.com/a/p/rids/20090629/i/r21234521.jpg?x=130&y=91&q=85&sig=erUTgflv76VKYiYgLaw5rg--" align="left" height="91" width="130" alt="photo" title="A sign marks the headquarters of State Street Bank in Boston, Massachusetts May 18, 2009. REUTERS/Brian Snyder" border="0"/></a></p><br clear="all"/> (Reuters)