Hollywood, that mythic land where movie drama was invented, suddenly finds itself caught up in its own real-life drama, one involving high-priced real estate and people taking on City Hall. | Dmitry Rybolovlev has been a busy man lately. He is in the middle of a bitter divorce that could cost him more than $6 billion (when finalized it will be the world’s costliest divorce), but he has still found the time and funds to buy a struggling AS Monaco... | Data on sales of previously owned U.S. homes from 2007 through October this year will be revised down next week because of double counting, indicating a much weaker housing market than previously thought. | The reeling housing market has come to this: To shore it up, two Senators are preparing to introduce a bipartisan bill Thursday that would give residence visas to foreigners who spend at least $500,000 to buy houses in the U.S. | California home prices declined in September from their year-ago levels for a 12th consecutive month, with bargain-priced short sales and foreclosures making up more than half of all transactions, a tracking firm said Friday. | A homeowner arrested during a protest over her foreclosed home in suburban Los Angeles has gotten a reprieve from eviction. | The American dream of homeownership has felt its biggest drop since the Great Depression, according to new 2010 census figures released Thursday. | Canyon-Johnson Urban Fund (CJUF) has provided preferred equity capital to a joint venture between The McGregor Company, Polis Builders Ltd. and Goldman Sachs Urban Investment Group (UIG) to begin development of One Santa Fe, a $160 million mixed-use project... |