According to Fitch Ratings analyst Robert Curran, "[Defaulting on debt is] in most cases coincident with bankruptcy. In light of that fact, the exposure of Standard Pacific, Hovnanian Enterprises, Beazer Homes, and Meritage could point to trouble ahead." For that story from Seeking Alpha and more, check out Big Builder's bi-weekly blog roundup.

New York magazine reports that foreign interest in Manhattan real estate investment is waning, according to the Wall Street Journal blog.

The Housing Bubble turns its eye to the woes felt in the Florida housing market.

John Lansner looks at the profitability of Buchanan Street Partners, which calculates it did $3.7 billion in business in 2007, including property investment from Washington, D.C., to Irvine, Calif.

Dr. Housing Bubble notes that a brief euphoria in the face of Fed rate cuts will quickly dissipate as the reality that debt does not equal wealth finally sinks in.

The Inman News blog delves into recent criticisms of Fed Chairman Ben Bernanke.

BusinessWeek's Hot Property blog sheds some light on the fact that 33% of Countrywide's subprime portfolio is delinquent, compared to only 5% of its conventional mortgages.

General Growth Properties (GGP) may be headed for rough waters in the wake of its considerable financial debt liability--a major percentage of which is coming due for repayment over the next few years--according to Reggie Middleton's Boom Bust blog.