Daily Mail owner sees profits fall by more than a third

Daily Mail & General Trust saw profits fall by more than a third to £46m in the first half of the year, as it counted the cost of close to 600 job cuts and a decline in advertising revenues.


Nils Finne opens Fall City farmhouse to painterly views

Seattle architect Nils Finne created “a continuous glass ribbon” around the home’s kitchen counter and opened the view in the master bath with a continuous glass wall.


US home prices fall and sales of new homes drop as foreclosures weigh on housing market

Rising foreclosures are weighing on the U.S. housing market, reducing prices and keeping new-home sales weak.


Southern California home sales flat in January as prices fall

This post has been corrected. See the note at the bottom for details.


Initial foreclosure filings fall 11.9% in fourth quarter – Los Angeles Times

Fewer California borrowers entered foreclosure during the final three months of the year, according to new data. But the holiday respite, coming after a sharp summer increase in new defaults, may not last. The number of California homes entering …


Initial foreclosure filings fall 11.9% in fourth quarter

Fewer California borrowers entered foreclosure during the final three months of the year, according to new data. But the holiday respite, coming after a sharp summer increase in new defaults, may not last.


Foreclosures in Pima County fall in 2011

Still, the glut of foreclosures in the Tucson area has dropped the price of a home to levels not seen in more than 10 years.


Home prices in largest U.S. cities fall in October from September

The S&P/Case-Shiller index shows home prices dropped in 19 of 20 cities in October, dashing hopes that the sluggish housing market was headed for an upturn. Home prices in the nation’s largest cities fell in October for the second straight month, suggesting that prices will head down further next year and dashing hopes that the [...]


California home sales pick up from year earlier but prices fall

Home sales in California last month were off 4.2% from October but up 4% compared with November 2010. The median home price was $244,000, up 1.7% from October and down 4.3% from a year earlier. California’s housing market showed some signs of luster in November with sales picking up over the same month a year [...]


US home prices fall again

For a second month in a row, U.S. home prices fell 1.1 percent from the month before as fresh foreclosures continued to add inventory to the glut of unsold homes.