Tactics for Buying a New House As the Housing Market Cools Sales of new single-family homes fell in July from the previous month, the latest sign that there may be a real-estate downturn. For buyers, now might be a good time to haggle for deals from builders. Read more...

Housing Market Will Deflate Economy, Economist Says There will be a recession by 2007, economist Nouriel Roubini predicts. The collapse of housing will bring down the rest of the economy, he says. Read more...   Mills Ignored Accounting Alerts, Former CEO Contends in Lawsuit The real-estate investment trust received warnings from its auditor as early as 2002 that its accounting practices were flawed, according to a suit filed by the REIT's former CEO. Read more...   New home sales down, down, down New home sales fell 21.6% in July from the same month last year. That's the lowest level since February, and below the consensus estimate. Inventories of new homes for sale were up 22.4% from the same time last year, to... Read more...   Sales of New Homes Fall 4.3%; Inventories Hit an 11-year High The number of new homes sold dropped in July to a seasonally adjusted annual rate of 1.07 million, the Commerce Department said Thursday. The volume of properties on the market reached a record, while median prices flattened out. Read more...

More... Portland's Restraint Benefits Its Rising Commercial Sector Toll Brothers' Net Falls 19%; Outlook for Year Is Reduced Glenborough to Be Acquired For $1.9 Billion in Cash Deal Troubled Mall REIT Terminates Its President

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