U.S. real estate market is losing its steam (International Herald Tribune)

U.S. real estate market is losing its steam (International Herald Tribune)
A real estate slowdown that began in a handful of U.S. cities this summer has spread to almost every hot housing market in the United States.

City's real estate fever cools (New York Newsday)
In a possible sign that Manhattan's feverish real estate market is cooling off, brokerage firms yesterday reported a dip in median home sales prices. In addition, sales activity is down, inventory is up, and apartments are taking longer to sell.

Crescent Real Estate to develop Del Mar property, sell UTC location (San Diego Daily Transcript via Yahoo! News)
Crescent Real Estate Equities Co. (NYSE: CEI) announced Monday that it has committed to co-develop a 240,000-square-foot, three-building office complex in the prestigious Del Mar Heights submarket of San Diego.

Real Estate Activity Remains Strong Entering the Fourth Quarter, Says Kalman (Business Wire via Yahoo! Finance)
Real estate activity in the prime North San Diego County communities of Fallbrook and Bonsall shrugged off rising interest rates and high gas prices during September to post strong improvement in several important areas, Jerry Kalman, Prudential California Realty, reported today.