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...listing service RealtyTrac - house hunting here is an exercise in frustration. Banks have been slow to put properties on the market, sparking bidding wars among buyers. Overwhelmingly, the winners of these clashes are investors, who have been snapping up homes with high all-cash offers. "For the home seller, cash is king," says Yun. "First-time buyers are at a disadvantage...

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

...Because the backseat rather than the driver's seat is a big selling point, unlike in most markets, bigger and more expensive BMW 5 Series sedans outsell the more affordable, smaller 3 Series models. This flexible approach has paid off for BMW, which finished the year as the top seller of luxury cars in the country. The competition, however, is good for everyone, says Kronschnabl, who expects the luxury market will more than double in size by 2015. "There's still pent-up demand," he says. "Everyone's growing, nobody's losing...

Author: /time Magazine | Title: Foreign Luxury Cars: Picking Up Speed in India | 1/12/2010 | See Source »

Gilbert is a highly conversational writer - a blessing if you are in the memoir business. Four years after its publication, Eat, Pray, Love remains on the New York Times best-seller list, giving its author a chance, with the likely sales of this new book, to become the Malcolm Gladwell of soul-searching. Gilbert left her loyalists believing that a year of spiritual questing would end with peace, love and the address of the best pizzeria in Naples. There could be no doubt that her readers wanted more. She and Felipe had gone off into the sunset; could...

Author: /time Magazine | Title: After Eat, Pray, Love: Fret, Mull, Marry | 1/6/2010 | See Source »

...example of secularization. (Villains include the Department of Housing and Urban Development, which christened its year-end party "A Celebration of Holiday Traditions.") But it was really during this decade that the Yule Wars caught fire. Fox News host John Gibson's book The War on Christmas hit best-seller lists in 2005, the same year his colleague Bill O'Reilly called moves to tone down the holidays the first steps on a slippery slope toward "legalization of narcotics, euthanasia, abortion at will, gay marriage." In 2006 Chicago Tribune poll, 68% of respondents agreed that the holiday was under assault...

Author: /time Magazine | Title: Brief History: The War on Christmas | 12/21/2009 | See Source »

...recognizable trademarks in fiction: the books in her series, from A Is for Alibi in 1982 to her new book, U Is for Undertow, are all named after a letter of the alphabet. That formula regularly takes Grafton's books to No. 1 on the New York Times best-seller list, and Undertow is no exception. TIME senior reporter Andrea Sachs talked with the prolific author about the ABCs of writing crime novels during her recent visit to New York City...

Author: /time Magazine | Title: Q&A: Mystery Writer Sue Grafton | 12/11/2009 | See Source »

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