Home Builder, Real Estate Stocks Hammered by Greenspan Comme (Fox News)

Home Builder, Real Estate Stocks Hammered by Greenspan Comme (Fox News)
Shares of home builders and real estate companies fell broadly Friday after Federal Reserve Chairman Alan Greenspan warned that buying power fueled by rising prices for assets such as homes could disappear if investors turn cautious.

Dusty cities, swampy burbs face real-estate bubble (CBS Market Watch)
Bakersfield. Visalia. Modesto. These dusty centers of California's San Joaquin Valley epitomize the newest and, in many cases, surprising players in America's red-hot real-estate craze.