Website turns in first profit for real estate body (The New Zealand Herald)

Website turns in first profit for real estate body (The New Zealand Herald)
The Real Estate Institute has stemmed big losses on its website, which has made a profit this year for the first time since it was launched almost a decade ago.

Real estate prices adjusting (Coeur d'Alene Press)
COEUR d'ALENE -- If a bubble is the best way to describe North Idaho's real estate boom -- that's a hissing sound. Local real estate agents say prices are coming down and more houses are going up for sale as the real estate market self-adjusts.

Developers Diversified and Coventry Real Estate Partners Announce Sale of Long Beach Shopping Center (Market Wire via Yahoo! Finance)
Developers Diversified Realty and Coventry Real Estate Partners announced the sale of the remaining retail portion of CityPlace in Long Beach, California, for approximately $73.8 million, which equates to a 6.1% stabilized cap rate. The asset that was sold is anchored by Wal-Mart, Nordstrom Rack and Ross Dress for Less. This sale generated a net merchant building and promote gain of