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...Readers Bid Farewell...

Author: /time Magazine | Title: Inbox | 1/18/2010 | See Source »

...Serrano estimates it took seven months, about 100 viewings and 30 rejected offers before he succeeded this past fall in purchasing a home. "Every time I put in a bid that I thought was reasonable, they wouldn't call back," he says. Serrano, a project manager for a demolition company, finally bought a foreclosed three-bedroom, two-bath house for $150,000 - more than $40,000 above the list price...

Author: /time Magazine | Title: Postcard from Inland Empire | 1/18/2010 | See Source »

...been a buyer's market, but it really doesn't seem like it," says Beth, an administrative assistant for the city of Corona. At the end of the summer, the couple found the home of their dreams - a three-bedroom, two-bath house perfect for raising a family. They bid $25,000 above the asking price but were passed over for a cash offer...

Author: /time Magazine | Title: Postcard from Inland Empire | 1/18/2010 | See Source »

...claiming it has weakened the conservative party's base. And Foreign Minister Guido Westerwelle, leader of the CDU's partner in government, the Free Democratic Party (FDP), has challenged her government's stances on key foreign policy issues, namely German troop levels in Afghanistan and Turkey's long-delayed bid to join the European Union...

Author: /time Magazine | Title: For Germany's Merkel, a Terrible Start to the Year | 1/14/2010 | See Source »

...Westerwelle also opened up a can of worms last week by raising the controversial issue of Turkey's E.U. membership bid while on a trip to Ankara. The Foreign Minister voiced support for the country's accession talks - stalled for years by opposition from Germany and France - by saying it was in Germany's interests to forge close links between Turkey and the E.U. The CSU hit back immediately by reiterating its opposition to Turkey's E.U. membership, saying it was ready to offer a "privileged partnership" to Ankara instead. In the past, Merkel has backed a privileged partnership instead...

Author: /time Magazine | Title: For Germany's Merkel, a Terrible Start to the Year | 1/14/2010 | See Source »

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