Landslide hammers coastal areas (Stuff)

If the outlook for the housing market is difficult, the section market's prospects are positively dire.

Property in floodplain remains unsold (NWAnews.com)

BENTONVILLE — Not a single hand went up when a group of realestate agents were asked if they had been able to sell any property located in the FEMA-defined floodplain this year. Ashley Pope, director of Benton County Planning, posed the question as she met with a group of agents at Exit Pinnacle Realty on Tuesday morning. The subject: Benton County’s floodplain. (Benton County Daily Record)

Forced sales increase as owners fail on payments (Stuff)

Mortgagee sales in the Waikato have more than quadrupled in the last year, Waikato real estate agents report.

Biz bits (Explorer News)

• Roger Shapiro purchased the 5,000-square-foot Turnkey Corp., facility at 3260 S. Chrysler Ave. for $500,000. • Children’s Eye Center leased 2,192 square feet at 1500 N. Wilmot Road for a new office.

Realestate CEO picks up $600k (ZDNet Australia)

New Realestate.com.au CEO Greg Ellis will get paid the same as recently departed CEO Simon Baker — $600,000 plus bonuses.