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November 20, 2008
Real Estate News

NAR: Commercial Real Estate Index Slows
Among the market challenges, property owners face trouble rolling over debt in the coming months.

Forbes: Where Home Values Are Falling Fast
The biggest price drops are found on the two coasts, the magazine's data show.

Why Were Economists So Wrong on Prices?
Analysts say their forecasts underestimated the extent lending standards had softened.

Housing Construction Falls Again in October
Building permits are down too, by 12 percent for the month.

Can a Special Visa for Seniors Help Housing?
Restrictions on how long home owners from abroad can stay in the country are said to be holding back sales.

Government Mortgage Refis Aren't Working
FHA rules need to make loan modifications more attractive, HUD secretary says.

Loan Company Tries Cutting Mortgage Principal
It's a last resort but by forgiving amounts the lender is reducing its foreclosure losses.

Trading Down Is the New Real Estate Reality
Prices of upscale homes are down about 5 percent in one nationwide look.

NAR Adds Program for Serving Communities
The new Good Neighbor Society is a spinoff of the popular Good Neighbor Awards.



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