From the October issue: In our monthly roundup of real estate news from across the country, The Real Deal looks at California cities, such as San Jose and Oakland, that have seen sharp inventory decreases — and faster home sales — over the past year. The market report also has details on Lehman Brothers Holdings unloading of its boom-time purchase of eight Austin, Texas, office properties. Meanwhile, actress Reese Witherspoon listed her Libbey Ranch estate in Ojai, Calif. for $10 million. Click here to read the entire report.
National market report
Commercial and residential real estate news briefs from around the U.S.