Roland Li

Median home prices fell in 111 of 150 metro areas in the third quarter, according to the National Association of Realtors.

General Growth Properties, the large mall operator that exited bankruptcy protection last year, reported core funds from operation (FFO), which measures its ability to generate cash, of $224.2 million, or 23 cents per share, up slightly from FFO of $223.2 million in 2010.

Mortgage applications increased 10.3 percent in the week ending Nov. 4, according to the Mortgage Bankers Association.

Fannie Mae reported a $5.1 billion loss in the third quarter on Tuesday, up from a $2.9 billion loss in the second quarter of 2011, and a $3.5 billion loss in the third quarter of 2010.

Improved job growth and positive leasing fundamentals point to continued recovery in the office and industrial sectors, but buyers continue to focus on major cities over tertiary markets, according to a webcast on Tuesday from commercial real estate brokerage Marcus & Millichap.

The number of homeowners with debt greater than the vaue of their homes rose to 28.6 percent in the third quarter, according to Zillow.

More homeowners were 60 days late or more on mortgage payments in the period of June to September, the first increase since the end of 2009, according to credit reporting agency TransUnion.

Joseph William Frazier, the heavyweight boxing champion whose string of wins culminated in the Fight of the Century with Muhammad Ali in 1971, died late Monday. He was 67.

Most homeowners who refinanced their mortgages reduced their debt or stayed at the same loan value, according to third-quarter analysis by Freddie Mac.

Lack of financing accounts for 21 percent of stalled construction sites, dampening job growth, according to research from the American Institute of Architects (AIA) and analysis of McGraw-Hill Construction data.

September home sales showed mixed trends, but year-over-year foreclosures starts were down, suggesting some market recovery, according to the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Treasury's October Housing Scorecard.

Dan Artosis Stemsoski, a prominent Starcraft II commentator and player, announced on Twitter on Friday that his girlfriend was pregnant, and he'll be a father in 2012.

Barry Sternlicht's Starwood Property Trust reported net income in the third quarter of $14.5 million, down from $22.7 million in the same period in 2010.

Brookfield Office Properties, the landlord with holdings in America, Canada and Australia, including the now infamous Zuccotti Park, reported 8.2 million square feet of leasing activity following the third quarter, surpassing its record leasing levels in pre-recession 2007.

October retail sales missed Wall Street expectations, with companies reporting weak numbers as the holiday season approaches.

Cuba will allow residents to buy and sell real estate starting Nov. 10, reversing a 50-year policy forbidding the practice.

Freddie Mac reported a $4.4 billion loss in the third quarter on Thursday and requested $6 billion in additional aid from the U.S. Treasury Department.

Jones Lang LaSalle, one of the world's largest real estate services companies, reported revenue of $903 million in the third quarter, up 28 percent from the previous year.

When Syms Corporation sought to buy the struggling Filene's Basement in 2009, it partnered with an engimatic building owner that is no stranger to troubled retail: Vornado Realty Trust.

Prosecutors have filed a lawsuit against Allied Home Mortgage Capital Corp and its executives, Jim Hodge and Jeanne Stell, claiming that the company misled the federal Department of Housing and Urban Development (HUD) with bad mortgages.

Mortgage borrowers with homes that were foreclosed on between 2009 to 2010 will have a chance for an independent review, the Treasury Department's Office of the Comptroller of the Currency (OCC) announced on Tuesday.

Most retail chain stores had limited growth in New York City during the last year, according to a study by the Center for an Urban Future, a public policy group.

Goldman Sachs has purchased a majority stake in a 10-office building portfolio in Virginia from the estate of Lehman Brothers Holdings Inc, Lehman said on Monday.

Virginia-based AvalonBay, the second-largest real estate investment trust, reported a 27 percent increase in funds from operations to $107.6 million, or $1.17 per share, up from $84.5 million, or 98 centers per share, in 2010.

When Brian Williams unveils NBC's newsmagazine show on Monday night, he'll be broadcasting from the venerable office complex that gives Rock Center its name.

Home prices are predicted to fall another 3.6 percent by June of 2012, marking a new of 35 percent below the 2006 peak, according to a report by Fiserv.

Memorial Sloan-Kettering Cancer Center has purchased a property at 327 East 64th Street in Manhattan from the car rental company Hertz Corporation for $19.05 million, according to city records.

Colorado-based UDR Inc. reported third quarter funds from operations of nearly $73 million, or 32 cents per diluted share, up from $46.9 million, or 27 cents per diluted share, in the third quarter of 2010. UDR had a loss of 7 cents per share, down from a loss of 16 cents per share in 2010.

Herman Cain, the former CEO of Godfather's Pizza who has risen to become a leading Republican candidate for president, reported strong fundraising for October, raising $5 million.