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Residential Real Estate's Latest Breaking News

• Hypo Real Estate Shares Drop as Fortis Prompts Subprime Concern  Bloomberg.com - 2 hours, 48 minutes ago March 7 (Bloomberg) -- Hypo Real Estate Holding AG fell to the lowest in more than four years after a decline in profit at Belgian financial services company Fortis stoked concern about subprime-related writedowns.



• In California, a Generational Tale of Real Estate Boom and Bankruptcy  NYTimes.com via Yahoo! Finance - Mar 07 3:40 AM  The story of the Dunmore family in California is the story of the nations housing crisis writ small, familial and mean.



• German Stocks Decline for Second Day, Led by Hypo Real Estate  Bloomberg.com - Mar 07 3:38 AM March 7 (Bloomberg) -- Germany's benchmark DAX Index fell for a second day, led by financial services stocks after Carlyle Capital Corp. said some securities have been liquidated, fueling speculation companies face more credit-market losses.



• Fed Says Real Estate and Retailing Are Soft  NYTimes.com via Yahoo! Finance - Mar 06 9:40 PM  The central bank presented a snapshot of an economy that is gradually slowing, weighed down by creeping inflation pressures and a more hesitant consumer.



• Real estate market slows Houston development  Anchorage Daily News - 2 hours, 18 minutes ago HOUSTON -- Homebuilder Tom Rench, owner of Northland Builders, says a sluggish real estate market has delayed his efforts to build two upscale subdivisions in the city.

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