The Norris Group Real Estate News Roundup 4/19/10

Irvine Co. is reentering the home construction business for the first time in over 20 years. Fannie Mae statistics show that the economy decelerated in the first quarter of 2010, but will likely increase in the near future.Real estate executive Anthony Ghio pled guilty to bid rigging in a scheme to profit off sheriff sale foreclosure auctions. The U.K. and Germany are interested in taking legal action against Goldman Sachs.