General Growth's Free Fall
A credit-rating downgrade slammed General Growth Properties stock again, stoking takeover rumors.

Slowdown Is Reaching Even 'Saskaboom'
There are signs that the braking global financial system is damping real-estate demand even in one of the few healthy markets in North America.

Citi Scales Back Mortgage Business
Citigroup is largely exiting the wholesale mortgage business, a step that many rival banks took last year.

Hotel REITs Seek to Conserve Capital
Hotel companies are now facing a new challenge: how to conserve capital.

Hypo Borrowers Exhale
Among those breathing a hearty sigh of relief this week after the German government bailed out lender Hypo were developers Related and Metropole.

Austrian Luxury Real Estate Market Still Bullish, Says CEO of Leading Luxury Real Estate Portal

Despite the present turmoil on the global Real Estate Markets and the financial crisis the recently launched Luxury Real Estate Portal www.EliteAlps.com is a full success. Due to high demand for Austrian Luxury Real Estate from wealthy individuals from all over the world, demand is outstripping supply in most hot spots in Austria and prices of those much sought after properties keep rising. (PRWeb Oct 12, 2008)

Read the full story at http://www.prweb.com/releases/Real_Estate/Austria/prweb1433384.htm

Panama Real Estate and Classifieds Portal Encuentra24.com's Third Anniversary Celebration

In the mist of Panama Booming Real EState Economy, 3 year ago a group of entrepreneurs launched the leading classifieds website Encuentra24.com. (PRWeb Oct 12, 2008)

Read the full story at http://www.prweb.com/releases/real-estate/classifieds/prweb1455314.htm

A New Contender In The Relocation Industry Has Arrived

Green Van Lines, the nations' first and leading eco-friendly relocation establishment has teamed up with the AAGD to bring consumers first class commercial/residential moving services. (PRWeb Oct 12, 2008)

Read the full story at http://www.prweb.com/releases/2008/10/prweb1457144.htm

Website Launch - ThreeSpringsDurango.com - A New, Interactive, and User Friendly Website

Master Planned Community in Durango, CO is pleased to announce a comprehensive and user-friendly resource for new home buyers. (PRWeb Oct 12, 2008)

Read the full story at http://www.prweb.com/releases/2008/10/prweb1458334.htm

The Sparkling 'Pearl of the Caribbean' Outshines its Competitors

Propertyshowrooms.com reveals new property investment opportunity on the popular Caribbean island of Isla Margarita. (PRWeb Oct 12, 2008)

Read the full story at http://www.prweb.com/releases/2008/10/prweb1454254.htm

Program for first-time homeowners on hold

azfamily.com's Frank Camacho reports a program designed to help first-time homeowners is on hold, having become a casualty of the fragile economy.

Paterson betting on Buffalo firm to run racino

Gov. David Paterson is expected to announce today that he is selecting Delaware North as the operator of a 4,500-machine video lottery terminal racino at Aqueduct Raceway in Queens.

Trulia Launches New Business Development Group

" Real-estate search guru Trulia.com has created a new business development group to form partnerships with Multiple Listing Service providers.

Rolex gang strikes again

A Johannesburg man has reportedly become the latest victim of the "Rolex Gang" after he was involved in a shootout in Houghton.

Pennsylvania: 4390 Red Light Camera Tickets Refunded

A total of 4390 red light camera tickets, worth $439,000, will be refunded in Philadelphia, Pennsylvania after a ticket challenge revealed that they were improperly issued.