Due to Arizona'S over-saturation in foreclosures, home values in the state have skidded into double digit declines from their 2006 peak.

Three more regional institutions were closed Friday - two in Florida and one in Oregon -as community banks across the country continue their run of failures.

After wiggling out of bankruptcy earlier this year, MGM Mirage's $8.7 billion CityCenter condo development in Las Vegas says it will lower its prices to reflect current market conditions in order to close sales.

In a DSNews.com article in late June, Massachusetts-based Pro-Teck Valuation Services offered its perspective on the role and effect of appraisal management companies (AMCs) in the wake of the GSE's new Home Valuation Code of Conduct (HVCC).

The national unemployment rate dropped to 9.4 percent in July, according to figures released Friday by the U.S. Labor Department.

Irvine, California's Real Estate Disposition Corporation (REDC) announced today that it has added two new executives to its recently launched commercial real estate auction division.

The Senate Ethics Committee decided Friday that Senate Banking Committee Chairman Christopher Dodd (D-Connecticut) and Senate Budget Committee Chairman Kent Conrad (D-North Dakota) did not violate the legislature's rules on accepting gifts by participating in a V.I.P. mortgage program offered by Countrywide Financial.

Missouri-based MoKan Title Services, LLC recently announced that Amy Wilson has been named director of operations.

Single-family home sales in Massachusetts dipped nearly 5 percent in June compared to a year ago, while the median home price slid 8 percent, according to the latest market report from the Boston-based Warren Group.

Ohio's Safeguard Properties has promoted two team members and appointed two new hires to managerial positions.