German Stocks Fall, Paced by Commerzbank, Hypo Real Estate, AWD (Bloomberg.com)

German Stocks Fall, Paced by Commerzbank, Hypo Real Estate, AWD (Bloomberg.com)
Aug. 23 (Bloomberg) -- German stocks fell, paced by Commerzbank AG, Hypo Real Estate AG and AWD Holding AG. The benchmark DAX Index slipped 15.30, or 0.3 percent, to 4926.39 as of 4:59 p.m. in Frankfurt after dropping as much as 0.9 percent earlier.

Why rising interest rates haven't sunk the real estate market -- yet (Detroit News)
SAN FRANCISCO -- Rising interest rates are supposed to be an economic sedative, but the hyperactive real estate market has retained its vigor even as the prime lending rate has climbed to a nearly four-year high.

Sotheby's buys Mitchell Group real estate firm (Monterey County Herald)
The long-rumored purchase of The Mitchell Group -- Monterey County's largest independent real estate brokerage -- was culminated at midnight Monday by Sotheby's International Realty Inc.