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Renaissance Homes Headed for Bankruptcy  Renaissance Homes, http://www.renaissance-homes.com one of Oregon’s biggest home builders, will soon file for Chapter 11 bankruptcy, The Oregonian is reporting http://www.oregonlive.com/business/index.ssf/2008/09/highend_oregon_builder_renaiss.html.

Meltdown Ripples Across Hudson  Brokers, developers and analysts in Jersey City said they had reason to be optimistic about the city?s real estate market even after the market downturn.

UPDATE: Body found in remote Jersey City area ID'd as missing dirt biker  Police have confirmed that the decomposed body of a man found yesterday in a desolate area of Jersey City is that of a New York man reported missing 11 days ago after riding off on a motorcycle in the area....

States Give Yea To $25B in Big Three Loans   Enlarge Photo Continuing the push for low-interest loans to Detroit's automakers, 10 governors this week joined the fray in requesting $25 billion in low interest loans for GM, Ford, and Chrysler. As reported by Detroit Free Press, the governors of Michigan, Illinois, New Jersey, Tennessee, Ohio, Wisconsin, South Dakota, Delaware, Kansas and ..

Homes near Ore Lake suffer flood damage  Hamburg Township officials on Friday reported 58 homes near Ore Lake in Livingston County suffered flood damage after heavy rains last weekend swelled the lake and Huron River. Earlier this week, inmates from the county jail helped residents sandbag around homes and flood sites. The American Red Cross says flooding Sunday caused $300,000 in damage to its Howell offices.

$800-bn plan to help people with high-cost mortgages stay in their homes  US Treasury Secretary Henry Paulson is sending a financial-rescue plan worth about $800 billion to Congress as Democrats prepare to turn it into a vehicle to help people with high-cost mortgages stay in their homes.

Wild Shootout in Jersey City  Police in Jersey City are investigating a series of shootings this week and believe they are related. The episodes ended with a bullet lodged in a daycare center, two people wounded, and one person under arrest. Ti-Hua Change reports.

Valley bargain-hunters buy homes  The 525 existing houses sold in Fresno and Clovis in August represented the first time in three years that more than 500 homes were sold for three consecutive months, the president of the Fresno Association of Realtors reported Thursday. Read comments

Body found in Jersey City may be missing Yonkers man  The decomposed body of a man was found in a desolate area of Jersey City today and police believe it may be that of a New York man who was reported missing 10 days ago after riding off on a...

Some Munster Homes Deemed Uninhabitable  Many families in Munster, Ind., got the bad news Friday that they lost their homes. CBS 2's Suzanne Le Mignot reports the Little Calumet River breeched its bank in multiple locations in northwest Indiana, sending water right into residential areas.

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