Chicago Alderman OKd zoning for developers who retained his wife as sales agent. She sold $22 million in houses and condos. If you calculate the commission at 6%, that would be 1.3 million in commission, split that with the broker and the Alderman and his wife pocket more than $500K after taxes. Not bad $$ for a little zone change.

Property search tool added to popular estate agent search site.

Four factors are widely seen as affecting whether a housing market is a good one for sellers: job growth, amount of new construction, vacancy rates, and credit availability.

The real estate situation in Florida is still very bleak as the numbers from the Florida Association of Realtors release show that the housing market is in Florida despite some reports of strengthening sales in South are still very weak.

Everybody knows that Florida, California, Nevada, and Arizona are the states that are suffering the most with the real estate, housing crash and the mortgage meltdown. But it sometimes takes The New York Times to report about it for people to really get an idea of the magnitude of this problem.

Homebuilding and Mortgage Lending Industries Likely To Face Most Trouble As Housing Crisis May Be Lasting Through 2008.

It is nice to see that more and more people are agreeing with me that the housing bubble in Southern California is bursting and that home prices will fall until they catch up with incomes.

With most of the nation feeling the effects of the sub-prime mortgage meltdown, what makes NAR state that the mortgage situation in Michigan is improving?

Homewise Pensioner Property Price Index Q3 2007 warns of a sting in the tail for indebted retirees

New home sales in USA defied expectations and stopped sliding during July, making a modest increase that gave the beleaguered housing market a little good news.

Reports show that more Britons are investing in overseas property. France with its many properties for sale is one of the main destinations of British property buyers. However, know what you are buying when making a real estate investment in France.

2008 Eurozone entrants Malta and Cyprus could offer a boost overseas property purchases. According to currency specialist HiFX, Britons looking to invest in property abroad may soon start paying more attention to Malta and Cyprus.