Realtors see steep price drop on homes

NEW YORK (CNNMoney.com) — Home prices continued their plunge during the last three months of 2007, setting a real estate trade group’s record for the biggest-ever quarterly drop.
The national median price drop of 5.8%, to $206,200 from $219,300, was the steepest ever recorded by the National Association of Realtors (NAR), which has been [...]

Yahoo in talks with News Corp.

The plot thickens…

Microsoft has a new competitor for Yahoo’s affections: Rupert Murdoch.

The Netco is talking to News Corp. about a potential deal that would merge Yahoo with News Corp.’s Web assets like MySpace and IGN, according to a person familiar with the situation. In return, News Corp. and a private equity firm — reported to [...]