Below are the latest real estate news headlines for buyers and sellers.

Denver's Convention Housing Bubble
Anticipating a crush of attendees at the Democratic National Convention this month and a shortage of hotel rooms, some Denver residents are renting out their homes for $1,500 or more a night.Read Article
Fri, 08 Aug 2008 00:56:00 EDT

Sean and Robin Penn List for $15 Million
Sean Penn and Robin Wright Penn have put their San Francisco home on the market for $15 million…Naomi Watts and Liev Schreiber are relisting their New York condos…Seth Gerszberg sold a Miami Beach parcel for $12.1 million.Read Article
Fri, 08 Aug 2008 00:14:00 EDT

Mortgage Rates Unchanged
Freddie Mac said the 30-year fixed-rate home-mortgage rate average was unchanged from a week ago as mortgage applications slowed to a five-year low.Read Article
Thu, 07 Aug 2008 21:50:00 EDT

Selling a Dallas Home in a Down Market
Neal Templin and his wife sold their Dallas home at a 12% discount off their starting price. He shares their humbling experience of getting the house ready for sale, exchanging offers and counteroffers and then signing the contract.Read Article
Fri, 08 Aug 2008 09:33:00 EDT

Connecticut Files Suit Against Countrywide
Connecticut Attorney General Richard Blumenthal has sued Bank of America's Countrywide Financial for allegedly deceptive lending practices.Read Article
Thu, 07 Aug 2008 03:09:00 EDT

Mortgage Failure Rate Rises
Mortgages issued in the first half of 2007 are going bad at a pace that far outstrips 2006, an analysis shows.Read Article
Thu, 07 Aug 2008 09:09:00 EDT

Owners Think Home Values Have Risen
In its second-quarter survey, real-estate data firm Zillow found that 62% of the 1,361 homeowners who responded said they believe the value of their home increased over the past year. But that optimism is out of sync with reality.Read Article
Thu, 07 Aug 2008 00:22:00 EDT

Plying the Foreclosure Market
A small real-estate investment bank is raising $150 million to purchase foreclosed houses in and around San Diego. In addition to the logistical problem of maintaining a sprawling collection of houses, there is the risk that prices could fall further and that an economic recession could depress rents.Read Article
Wed, 06 Aug 2008 03:21:00 EDT

Booking Bets on Hotel Luxury
Defying skeptics who warned that the market already was oversupplied, Horst Schulze recently opened an ultraluxury hotel in Düsseldorf, Germany. Confident that the global boom in luxury hotels will continue, he plans to open seven more Capella-brand hotels around the world in the next 10 months.Read Article
Wed, 06 Aug 2008 08:45:00 EDT

Lenders Gain Upper Hand on Freibaum
As one of the most powerful chief financial officers among U.S. mall owners, Bernie Freibaum has held considerable sway for years over financial backers of General Growth. But as Freibaum begins to refinance its debt, he is finding that the tables have turned.Read Article
Tue, 05 Aug 2008 23:29:00 EDT