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business / Real Estate-US

KB Home posts smaller third-quarter loss
LOS ANGELES — KB Home posted a smaller third-quarter loss on Friday as new home orders increased and the builder cut costs.
Mercury News Friday, September 25, 2009

U.S. new-home home sales rise 0.7 percent in August
WASHINGTON — New U.S. home sales posted a tepid 0.7 percent increase last month, missing Wall Street expectations and providing more evidence that the housing market recovery remains tentative.
Mercury News Friday, September 25, 2009

U.S. home sales drop 2.7 percent
U.S. home resales drop in August after four months in a row of gains.
Mercury News Friday, September 25, 2009

Who sold what, published Sept. 26
ALMADEN5842 Antigua Dr., $785,000, 09-02-09, 1,966 SF, 3 BR, Jackson Trust to E. & M. Smith6687 Buggywhip Court, $525,000, 09-02-09, 1,602 SF, 4 BR, S.
Mercury News Friday, September 25, 2009

Home sales rise, but fall short of expectations
New home sales rose a tepid 0.7 percent last month, missing Wall Street expectations and providing more evidence the housing market recovery remains tentative.
Msn Friday, September 25, 2009

Embattled East Palo Alto real estate empire teeters on collapse
When a San Mateo County judge placed Page Mill Properties' approximately 1,800 rental units in East Palo Alto under receivership, he left the controversial real estate empire in jeopardy and many of its working-class tenants fearful about their future.
Mercury News Friday, September 25, 2009

Renters focus on money-saving amenities
Renters might have the upper hand in today's apartment market, but they're not taking all they can get.
Msn Friday, September 25, 2009

Homes used for fire training a tax write-off?
Lured by free demolition and hoping for a tax deduction, some homeowners have let fire crews burn their homes down for training purposes. The IRS argues it's hardly a charitable donation.
Msn Friday, September 25, 2009


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