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Realogy Corporation In Default

Realogy seeks debt restructuring of $1.1 billion....
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Cottage Living Magazine Folds

Other shelter magazines and home base titles affected by the economic downtown....
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I.M. Pei Towers Declared Landmark

"Silver Towers" gain landmark status along with other Manhattan and Broolyn properties....
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Slower Recovery Projected by Freddie Mac

Fix-rate mortgages to rise but home sales forecasted lower....
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Fifth Avenue Tops Global Retail Rent

No declines in 94 percent of the 236 global shopping districts. ...
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Wall Street Meltdown Effects Nation

Wall Street's meltdown may reverberate through the Northeast region and the nation's economy....
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Board Game Teaches Real Estate

Youth learn real estate skills and confidence with new board game....
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Showhomes Soars Over Market Slump

Home stager Showhomes is showing a remarkable immunity to the economic downturn....
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Realtors Support Foreign Retiree Home Ownership

Program could help alleviate some of the home market crisis....
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Homebuilders Building Fewer Homes

Forty-nine percent fewer homes will be built first half 2009 says survey of 400 homebuilders....
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Industry Professionals Suggest 'Buy-Downs'

National Association of Home Builders, suggests rate reductions of 2.99 or 3.99 percent along with income tax credits...
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Weekly Mortgage Applications Drop

Mortgage Applications Dropped 6.2 Percent in spite of Federal Reserve key rate cut....
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Citigroup Will Layoff 53,000

Citigroup will trim its labor force by 20 percent and may affect executive bonuses....
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Hope for Homeowners Program Revamped

New requirements may help cut bureaucratic red tape for distressed homeowners....
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Real Estate Agents Expect 2009 Bottom

Some 7.7 percent believe the bottom has been reached and 16.5 percent foresee it as far off as 2010....
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