Bloomberg - "Treasury 10-Year Yield Falls Below 5 Percent on Subprime Crisis" (7-20-07)

"Treasuries rose, pushing the 10-year note's yield to the lowest in six weeks, on speculation rising subprime mortgage defaults will lead to higher interest rates for private borrowers and curb economic growth. Ten-year notes gained the most in more than a week and extended their biggest weekly advance since March as Standard & Poor's lowered 14 ratings on European collateralized debt obligations and gauges of investor appetite for corporate bonds and loans fell."

Yahoo - "Five Reasons to Sell, Sell, Sell" (7-20-07)

"U.S. stocks are at record levels. Earnings season is under way, with many expecting a modest rise in corporate profits. Unemployment is very low. So far problems with housing haven't infected the rest of the economy, which seems poised to bounce back from slow growth in the first quarter. So what is there to worry about? Plenty. No matter how wonderful things look, the good times won't last forever. Even as most market observers remain bullish, we asked them what could derail this bull market. Stocks could keep setting records for months or even years, but it pays for investors to know what dangers are lurking out there. This Five for the Money lists the five biggest threats to the stock market rally."

The Press Democrat - "Overstocked in condos" (7-20-07)

"Greg Levy's hopes for selling condominiums he converted from apartments have been dashed by Sonoma County's housing downturn, forcing him to rent out the units with a turnaround still not in sight. 'We just don't have the demand. We're not going to deal with this market anymore,' he said. Condo sales are slumping alongside houses in the county as the market's decline nears the two-year mark. The typical condo sold for $375,000 in June -- a 4 percent drop from the peak of $390,000 in October 2005."

BBC News - "Fed warns of $100bn credit losses" (7-20-07)

"In a second day of testimony to Congress, Mr Bernanke said credit losses associated with sub-prime mortgage failures were 'significant'. Wall Street is nervous about the exposure of banks and other lenders to the riskier sub-prime market. Earlier this month, Bear Stearns bailed out two sub-prime focused hedge funds. It has since said one of them has 'very little value' and the other is now worthless."

Real Estate Journal - "How to Save by Selling Your House Online" (7-20-07)

"Despite the recent slump in the housing market, many Americans are still paying a walloping 6% commission to real estate brokers. At first blush, 6% may not sound like much, but consider: According to the U.S. Census Bureau, the average price of a home is $313,000, which means the average seller has to pony up nearly $19,000 in broker fees. This is a hefty penalty for selling your own home, one that more and more Americans are unwilling to pay."