MSN Money - "JPMorgan completes takeover of Bear Stearns" (5-31-08)

"JPMorgan Chase & Co said on Saturday it completed its $1.4 billion Bear Stearns Cos takeover, capping the demise of a Wall Street firm that survived the Depression and numerous slumps in its 85 years but could not navigate the mortgage crisis."

Orange County Register - "Insider Q&A told O.C. sellers ‘not accepting reality’" (5-31-08)

"It will take over a year to get to get to a vacancy of less than 10%. Landlords can get aggressive because they have deeper pockets during this downturn as they are more institutional than they were before."

Orange County Register - "Benefiting from the mortgage bust" (5-31-08)

"It can take six months right now to get FHA approval for your brokerage shop if you don’t already have it. Many brokers aren’t approved, and if you do want to put in for approval there is a backlog. Not all brokers can qualify. You have to put up $62,000 to $250.000."

Los Angeles Times - "In Escondido: Buy one (house), get one free. " (6-1-08)

"In a sign of how difficult it is to sell new homes in Southern California right now, a San Diego developer is offering a "buy one, get one free" deal, pairing million-dollar homes with less expensive homes."