What real estate you can buy for $500K, Obama’s housing plan depends on Fannie and Freddie … and more

1. What real estate you can buy for $500,000 around the country [NYT]
2. Crown Heights residents worried homeless intake center will be overburdened if a site for a Manhattan facility isn’t found [NYDN]
3. Obama’s housing plan depends on Fannie and Freddie [CNN Money]
4. Profits fall for U.S. retailers [BBC]
5. Lenders see problems with Obama plan [Inman]
6. Nearly 50 percent of apartment landlords lower rents [National Real Estate Investor]
7. Hardest hit markets unlikely to see relief [WSJ]
8. Cole Haan signs 15-year lease at 141 Fifth Avenue, and PR firm Gibbs & Soell takes full floor at 60 East 42nd Street [Post, 2nd and 4th items]
9. Foreclosure victims don’t deserve sympathy or money, Post columnist Malkin says [Post]