Real Estate Investing Facts

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Update 2008: Chicagoland Foreclosures Reach Record Highs

Update 2008: Chicagoland Foreclosures Reach Record Highs

Summary Box: Intel buying German chipmaker Infineon's wireless operations

THE DEAL: Intel Corp. is buying the wireless communications unit of Germany's Infineon Technologies AG for $1.4 billion in cash. WHAT UNIT PROVIDES: Intel gets a piece of the growing smart phone market. The unit now makes chips for Apple Inc.'s iPhone.

Home prices rise in 17 cities in June

Home prices rose in June for a third straight month as now-expired tax credits inspired a burst of home-buying. But prices are expected to fall through the rest of the year now that demand has faded.

June home prices rise in 17 cities

However trend is expected to end as home-buying tax credits expire