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Housing deal finally passes; here are the detailsHousing deal finally passes; here are the detailsLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aDevelopers have a new tax break. Now they must figure it outDevelopers have a new tax break. Now they must figure it outLA court strikes down SB9 law allowing single-family lot splitsLA court strikes down SB9 law allowing single-family lot splits
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Obama set to sign tax credit extension bill today … and more

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1. Mortgage rates drop below 5 percent, Freddie Mac says [WSJ]
2. Obama set to sign tax credit extension bill today [Bloomberg]
3. Rebound a long way off for commercial property market, says GE real estate chief [Bloomberg]
4. Angled glass windows go up at controversial 580 Caroll [Brownstoner]
5. 200 Waldenbooks stores to close in January [AP via USA Today]
6. Borrowers considering foreclosure will have option to rent under Fannie Mae [USA Today] and [MSNBC]
7. Decline in REOs has boosted home prices [Housing Wire]
8. What is the biggest barrier to a commercial real estate recovery? [Multi-Family Investor]
9. High-end home prices have not bottomed out yet [Bloomberg]