Real Estate
Sun November 23, 2008 |
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Credit markets were at crisis levels, as investors flocked to Treasurys while dumping bonds tied to commercial real estate and corporate debt.
Only a Buyer Knows a Home's Value
The one point of widespread agreement in the real-estate industry: there is no single accurate index of home prices.
Shocks in Commercial Mortgage Trigger Selloff in REIT Stocks
These days, everything has a knock-on effect. Earlier in the week, an analyst report on the potential default of a couple of commercial-mortgage deals caused a big hit to the corresponding credit market. That, in turn, has caused a selloff in the stocks of REITs.
Fannie, Freddie Halt Foreclosures
Fannie and Freddie suspend foreclosure sales and evictions on certain properties until January as it prepares for its loan-modification program. (Statements)
Global Crisis Douses Hawaii Tourism
High fuel prices, the bankruptcy filings of Aloha and ATA, and the nationwide slump in consumer confidence have slammed Hawaii's tourism industry.
Sun November 23, 2008
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