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2008/12/31

Real Estate Update

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The Wall Street Journal Real Estate

December 31, 2008 -- 11:00 a.m. EST

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The effort to give bankruptcy judges the power to rewrite mortgages is gaining steam. - Chart: Mortgage Modification Proposals

http://online.wsj.com/article/SB123068005350543971.html?mod=djemRealEstate

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The global economic crisis has taken its toll on real-estate deals in practically every market. Here is a scorecard of how some of them fared this year. - Photos: Real-Estate Fallout

http://online.wsj.com/article/SB123067589466443733.html?mod=djemRealEstate

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The Spanish island of Ibiza is known both for its natural beauty and nightlife. Take a look at one house in the island's San Jose neighborhood that is on the market for €6.5 million, or $9.25 million.

http://online.wsj.com/article/SB122851283643283775.html?mod=djemRealEstate

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A measure of October home prices dropped by the sharpest annual rate on record. Separately, consumer confidence hit a new low in December. - Video Analysis: What's in Store for Housing Markets - Sortable Chart: Prices by Metro Area - Discuss: When will U.S. home prices hit bottom?

http://online.wsj.com/article/SB123064533193442343.html?mod=djemRealEstate

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Cities that haven't seen steep drops in housing prices, such as New York, may be in the worst shape because they have further to fall. - Video Analysis: What's in Store for Housing

http://online.wsj.com/article/SB123068142001844023.html?mod=djemRealEstate

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The price on a four-bedroom apartment on Manhattan's Upper West Side has been cut for the third time in a year, most recently by more than 15%. - Previously: Haunted Hotel, Converted Barn

http://online.wsj.com/article/SB123015006369333335.html?mod=djemRealEstate

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REITs have suffered their worst year on record, with a key index down 40%. Industry experts see a rebound in '09.

http://online.wsj.com/article/SB123067570012543757.html?mod=djemRealEstate

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Liberty's move to convert some bonds to shares has helped the U.K. property company retire some debt.

http://online.wsj.com/article/SB123066005634642993.html?mod=djemRealEstate

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Thinking about energy upgrades for your home in 2009? A look at various federal and state incentives to make your home more energy efficient.

http://online.wsj.com/article/SB123067614629543737.html?mod=djemRealEstate

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Where borrowers can find help on restructuring their home loans.

http://online.wsj.com/article/SB123067739224943813.html?mod=djemRealEstate

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