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...reluctant to cut prices, and buyers are patrolling from the sidelines, hoping for fire sales. "We've had sellers' markets for the last five years, and they're transitioning to buyers' markets," says David Lereah, chief economist for the National Association of Realtors (NAR). "Sales go down and prices follow. Sellers are stubborn, so there's a standoff." Lereah says he'll probably cut his forecast for price growth from 5% to 4% this year. It could be worse, but in certain mid-tier markets--like Cincinnati, Ohio; Dallas; Milwaukee, Wis.; Salt Lake City, Utah--prices didn't appreciate...

Author: /time Magazine | Title: The Boom Is—Is Not!—Over: The Great Real Estate Debate | 8/6/2006 | See Source »

...allowed to follow Raśl once when he visited some garrisons. The aura of the severe official evaporated when he was with his troops. I use the word his deliberately: those really were his men. He cared for them. He knew their names and asked about their projects. At one garrison it was alternative medicine, growing plants and making extracts. At another it was special-operations training. He ate with the men and joked with them. He is a fine yarn teller, never too self-conscious to act a story out. He turns his head sideways when he listens...

Author: /time Magazine | Title: Fidel's Brother: The Raul I Know | 8/6/2006 | See Source »

...complaint also provides some detail into Wuterich's explanation of the events in Haditha. It says, contrary to Murtha, that the Marines on the ground did follow the rules of engagement, that there was a firefight that day, that the Marines were shot at, and that at least two of the Iraqis had weapons. In response, Congressman Murtha did not back off of his earlier comments and instead said Wuterich was "lashing...

Author: /time Magazine | Title: Bracing For the Reports on Haditha | 8/2/2006 | See Source »

Castro: I had good personal relations with Mr. Gorbachev. I believe that he was full of good intentions. He never talked about destroying socialism. Later on, though, I think that he did not follow a consistent strategy. He said things could not be done in an orderly way, one priority after the other, but that everything had to be done at the same time. So he destroyed the history of the U.S.S.R. He destroyed the party. He destroyed the state. It was impossible for the Soviet Union to make the reforms they wanted while destroying history, destroying the party, destroying...

Author: /time Magazine | Title: CASTRO'S COMPROMISES | 8/1/2006 | See Source »

...Lebanese government wants an immediate cease-fire, with the longer-term agreements aimed at ending hostilities to follow. And it envisages a process based on Hizballah's consent - the movement would agree to disarm not as an act of surrender, but because Israel has agreed to settle the outstanding disputes with Lebanon over owndership of the Shebaa Farms area and the fate of Lebanese prisoners in Israeli jails. The Qana killings will likely increase Hizballah's influence over the position of the Lebanese government: The two Lebanese officials with whom Secretary Rice met last week - Prime Minister Fuad Siniora...

Author: /time Magazine | Title: Condi's New Challenges in Making a Truce | 7/31/2006 | See Source »

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