Grab yourself a little piece of the auction - WITH the housing market bloated with unsold homes and repossessions climbing, business is booming for property auctioneers. But how easy is it to pick up a bargain at an auction and what are the pitfalls?

http://business.scotsman.com/personal-finance/Grab-yourself-a-little-piece.4260283.jp

Marshall & Ilsley warns of big loss from housing market woes

News | www.marketwatch.com | Jul 3, 2008

SAN FRANCISCO (MarketWatch) -- Marshall & Ilsley Corp. issues surprise profit warning as the lender sets aside more money to cover loan losses from the slumping housing market.

http://www.marketwatch.com/news/story/story.aspx?guid=%7BA5C0ACD0%2DC73D%2D4A6E%2D8BFE%2DBCA63A837AF9%7D&siteid=rss

Grubb & Ellis Healthcare REIT Acquires Renaissance Medical Centre in Bountiful, Utah

Press Release | www.prnewswire.com | Jul 3, 2008

SANTA ANA, Calif., July 3 /PRNewswire/ -- Grubb & Ellis Healthcare REIT, Inc. today announced the acquisition of Renaissance Medical Centre, a five- story, Class A medical office building located in the Salt Lake City suburb of Bountiful, Utah. Located at 1551 S.

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/07-03-2008/0004843628&EDATE=

Banks will reduce 'all' lending

News | www.moneynet.co.uk | Jul 3, 2008

Banks will reduce 'all' lending - UK Mortgage News - UK Mortgages - Moneynet.co.uk

http://www.moneynet.co.uk/news/articles/?title=Mortgages-Banks-will-reduce-all-lending&id=18669376

Housing Expert and Former Goldman Sachs Banker Calls Current Financial Crisis a "Criminal"

Press Release | www.zibb.com | Jul 3, 2008

John R. Talbott, best selling author of 2003's "The Coming Crash in the Housing Market" and his new book, "Obamanomics: How Bottom-Up Economic Prosperity Will Replace Trickle-Down Economics," said on FOX News today that the current housing, mortgage and banking crisis was a vast

http://www.zibb.com/article/3542003/Housing+Expert+and+Former+Goldman+Sachs+Banker+Calls+Current+Financial+Crisis+a+Criminal+Enterprise+on+FOX+News

Housing slowdown blamed for retail woes

News | www.bizjournals.com | Jul 3, 2008

Retailers are feeling the effects of the cooling economy and weak housing market conditions, according to Marcus & Millichap. And as food and energy costs continue to rise, household budgets are strained more, further reducing discretionary spending.

http://www.bizjournals.com/tampabay/stories/2008/06/30/daily40.html?ana=from_rss

Whose Housing Market is This, Anyway? West Virginia’s, That’s Who

News | www.housingwire.com | Jul 3, 2008

In April, many of the nations hardest-hit housing markets during the downturn saw prices depreciate at an ever-faster pace, according to the LoanPerformance Home Price Index released by First American CoreLogic on Wednesday.Over the past 12 months, two southern California metro areas

http://www.housingwire.com/2008/07/03/whose-housing-market-is-this-anyway-west-virginias-thats-who/

Adjusting to a softer real estate market

News | money.cnn.com | Jul 3, 2008

Real estate was very good to this realtor-homeowner-landlord. Until it wasn't.

http://money.cnn.com/2008/06/27/pf/money_makeover.moneymag/index.htm?section=money_topstories

U.S. vs Canadian Home Prices

News | www.canadianmortgagetrends.com | Jul 3, 2008

Here's a report by BMO Nesbitt Burns comparing the U.S. and Canadian housing markets. The author poses the question of whether Canada is two years away from a U.S.-style correction. (See the chart) Concern is building because Canadian home sales have dropped 13% versus one year ago.

http://www.canadianmortgagetrends.com/canadian_mortgage_trends/2008/07/us-vs-canadian.html