Pop Goes the Real Estate Bubble (The Nation via Yahoo! News)

Pop Goes the Real Estate Bubble (The Nation via Yahoo! News)
The Nation -- The Big One isn't the long-predicted California earthquake or even a hurricane named Katrina. The genuine big one will arrive with a deafening pop, the sound of the real estate bubble bursting. In the past few years there have been plenty of false sightings, but now comes something truly ominous: a 13 percent drop in Manhattan real estate prices in a mere three-month period ending

Alabama residential real estate market keeps humming (Birmingham Business Journal)
On a year-to-date basis, the Alabama housing market remains strong, but the past couple of months have been flat or down slightly, according to data released today by the University of Alabama Real Estate Research and Education Center. The center stresses in a written statement that year-to-date figures more accurately reflect market trends.

Weyerhaeuser's real estate arm buys Clark County building lots (Tacoma News Tribune)
Quadrant Homes, the real estate arm of Weyerhaeuser Co., is buying 800 to 900 residential building lots in Clark County, the company said Wednesday.