Bloomberg - "UBS Falls After Saying More Mortgage Losses Possible" (5-26-08)

"UBS AG, the European bank hardest hit by the U.S. subprime contagion, fell the most in more than two months in Swiss trading after saying it may face more losses from mortgage securities."

Yahoo - "Plenty of 'For Sale' signs but actual sales lagging" (5-26-08)

"The National Association of Realtors reported that 46 states saw sales decline in the first three months of this year compared with the same period in 2007. Two-thirds of 149 metropolitan areas saw prices decline during the same period, the largest percentage of cities reporting price drops in the history of the NAR survey, which goes back to 1979."

Orange County Register - "O.C. real estate/finance jobs creep up again" (5-26-08)

"State Employment Development Dept. stats, analyzed by your blogger, show that Orange County real estate and finance jobs last month rose again — this time by 800 jobs to 234,400, the first back-to-back, month-to-month gain in 13 months."

Orange County Register - "Renters spooked about homebuying. Agree?" (5-26-08)

"A new National Apartment Association survey reports that 69% of renters plan to stay in their rentals over the next year rather than buying a home."