Nevertheless, home sales rose in areas where the market is flooded with foreclosures, indicating that borrowers are taking advantage of steep discounts.

Nevada and California, battered by a housing market bust, were the only states to show sales gains in the second quarter compared with a year earlier, according to a report by the National Association of Realtors.

To slow its financial decline, the mortgage finance giant slashed its dividend to 5 cents a share from 35 cents a share and said it will eliminate loans for borrowers with solid credit scores but little proof of income or small or no down payments.

The company, which lost $2.3 billion for the quarter that ended June 30, also is raising its mortgage fees, which will be passed on to borrowers as higher interest rates or closing costs.

There was some positive news for home shoppers, however, as home prices continued to decline. The average price of a Beazer home declined almost 9 percent in the quarter to $257,400.

The Atlanta-based company posted a loss of $109.8 million, or $2.85 a share, for the quarter that ended June 30. That compares with a loss of $118.7 million, or $3.09 a share, in the same period last year.

This hotel offers 40 well-appointed guestrooms that are designed with an array of essential amenities to ensure you a comfortable stay.

Guests can begin their day with a delicious buffet breakfast served in the warm and pleasant atmosphere of the breakfast room. You can visit the famous attractions and explore the beautiful city of Paris at your leisure.

Here are some reviews of the hotel’s guests:

‘Recently renovated, so a nice, clean bathroom and a small but clean and functional bedroom. Great location in walking distance of the character-full areas of Republique, Oberkampf and Bastille. Most of the staff were very nice and there was a computer with internet access at reception. The main disadvantage was that there was no fan or A/C so it was very hot at night, even with the windows open. But for the price, great value’

‘Overall the hotel is very good for the price paid. The only bad thing is that the walls are paper thin. You can hear people walking around, slamming doors and even coughing and sneezing! But having said this, it is very clean (room was cleaned everyday - no matter what time we left), almost everyone speaks English and it is in a good location to the Metro and taxi stand. There is also a supermarket just outside as well as many cafes and restaurants’

The Du Theatre Hotel boasts 20 hush rooms, all of which are well lightened, comfortable and equipped with modern amenities. You will enjoy all the modern comfort associated with the traditional chic architecture. The hotel has an original vaulted basement, which is very rare in the neighbourhood, where breakfasts are served in the morning.

Hotel facilities further include safe deposit box, internet access and fax. During leisure, you can explore the city and its surrounding attractions.

Here are some reviews from the guests:

‘Extremely helpfull stuff & speaking very good English. I’ve asked for help with arranging FedEx delivery to the hotel before my arrival & got awesome support & assistance. Location is very good - close to 2 metro stations. Champs-Elysees & other atractions are within walking distance. Pricing is very reasonable. Definitely would recommend & will definitely check this hotel for my future trips to Paris.’

‘Good location. Nice quiet relaxing hotel. Simple but unspectacular breakfast. Comfortable bed. I would stay here again. But no air conditioning or minibar/fridge in room which I would have liked.’

The Apart Hotel boasts 204 beautifully designed studios and one bedroom apartments that are well appointed with standard amenities to make your stay comfortable and enjoyable. All units are air-conditioned and have fully equipped kitchen.

Guests can start off their day with a delicious breakfast at the onsite breakfast room, in a warm and pleasant atmosphere.

The Citadines Saint Gemain Des Pres Apart Hotel also provides fully equipped business centre and meeting rooms to accommodate all your business and private gatherings.

Here are some guests’ reviews:

‘his is an apartment hotel so we did not expect a lot of daily service. However, a water pipe was weakly put together and fell apart with water running out onto the floor. We called down for extra towels to clean up (we put the pipe back together ourselves) and they never appeared. Although they had three computers for client use, they were hard to access because they were always occupied and were not always working. However, at the [your website] price we got, it was a very good deal, the staff were courteous, and the location fantastic!’

‘Excellent Hotel,staff and location I highly recommend it’

‘Great location which is within walking distance to lots of sights and has a metro station close by. Nice size apartment rooms allows you to cook your own meals if you don’t want to eat out for three meals a day. We have stayed here twice and would recommend it to anyone.’

This hotel offers 25 immaculate accommodation units that are aesthetically decorated with all the essential amenities to ensure you utmost comfort throughout your stay.

Guests can start off an exciting day with a delicious buffet breakfast served at the breakfast room as well as relish various delicacies at the restaurants nearby.

Guests can discover the City of Paris with Eiffel Towers and various other attractions. A spacious lounge is at your disposal for your relaxation after a busy day touring the city.

The hotel features comfortable guestrooms that are elegantly decorated and equipped with a host of modern amenities creating a unique and special atmosphere.

Begin your day with a scrumptious breakfast offered at the breakfast room in a warm and pleasant atmosphere.

The lobby is a perfect place to relax and meet friends or business delegates. During leisure, you can explore the city and its beautiful attractions.

Here are some guests’ review:

The hotel is in a great location and the room was beautiful but just a little small. So close to the Eiffell Tower and the Seine and the Champs Eleeys. Would stay here again - staff were very helpful and spoke good English.

The hotel features 48 guestrooms and suites that are air-conditioned and soundproofed and come with an array of essential amenities.

You can begin your day with the delicious buffet breakfast served at the in-house cosy breakfast room.

The lobby is a perfect place to relax and meet friends or business delegates. At leisure, you can also explore the city and its beautiful attractions.

Elegantly designed, the spacious guestrooms are gracefully appointed in a classically French style along with indispensable amenities for the modern life-style, enabling you to relax and have a blissful sleep after a busy day.

You can start your day with a scrumptious breakfast served at the breakfast room. Sip your favourite drink at the cosy bar, which is also an ideal place to relax. The hotel offers 2 meeting rooms for organising your important events. The concierge and reception team is at your service to facilitate and organise your stay in Paris. Discover the essence and the spirit of Saint Germain des Pres, how it’s luxury boutiques, its rich history and lively culture make up its unique character. Also explore the ambience of Montparnasse with its theatres and literary cafes too.

Located in the heart of the business and fashion district of Paris, Golden Tulip Royal Garden Champs Elysees Hotel is close to the Haute Couture shops of the Champs Elysees, the famous art galleries of the Faubourg Saint Honore and the beautiful Parc Monceau.

This hotel proposes 72 spacious, calm and elegant rooms including 20 suites and apartments equipped with kitchenette, balconies or terraces and are decorated in typical French style with the modern comforts.

Experience the cooked buffet breakfast under the glass roof of the Relais Vermeer Restaurant or relax in your room with a fine continental breakfast.

The hotel offers 4 meeting and conference rooms for people travelling on business matters. The spa centre, situated at 4 level of the hotel, is a haven of peace after the hustle and bustle of Paris.

The Waldorf Madeleine Hotel is situated beside popular city attractions such as Place de la Concorde, l’avenue des Champs-Elysees, la rue du Faubourg Saint-Honore and the Musee de Louvre. The hotel is also close to Madeleine metro stop and Sant Lazare Railway Station.

The hotel features guestrooms that are tastefully decorated and skilfully furnished with several modern amenities.

There is an intimate breakfast room on the ground level serving daily cold buffet breakfasts.

The Waldorf Madeleine is a small traditional French hotel that boasts a central location in Paris, next to major landmarks and transport terminals.

Here are some reviews of hotel’s guests

Standard rooms are a little small but normal for Paris. Deluxe rooms are a good size. Service we received was excellent at both reception and breakfast. Although the breakfast room was a little cramped the choice and standard of breakfast was excellent. Location was also good.

The hotel was great the staff were helpful and friendly and the location is fantastic. It is an easy walk to most of the mail attrctions. Would thouroughly recommend it to others.

The hotel features spacious guestrooms that are well decorated and beautifully furnished with several modern amenities. There are beams in some rooms, which create a charming Parisian atmosphere.

Enjoy a buffet-style breakfast served in the cozy dining room, unless, that is, you prefer breakfast in bed.

There is a cosy lounge next to the lobby where you will find at your disposal a computer with internet connection and you can also comfortably spend some time in reading your favourite books too.

Here are some review of the hotel’s guests:

Great little hotel, rooms were small but very clean. Staff very friendly and accomodating, breakfast room cosy, plenty of food. Close to metro, 20metres, Cafe Leonard across the road stays open to 2am. If you like quiet, ask for a back room.

Breakfast excellent. good location close to metro and 15/20minutes walk from Notre Dame. Room small at back with not much light but quiet as building work is going on at front.

We stayed in this hotel from the 1st to the 5th of May 2008. The hotel location is excellent for your travels around Paris and the major atractions are only 15 mins away by the underground. There are plenty of good restaurants and cafe’s close by. The lift is very small and the rooms are a little tiny but if you are there to sight see then a clean & tidy room with a confortable bed is all you need. We will stay here again for sure. Tip of the day:- When you order a Taxi from your hotel or elsewhere, be warned they will charge you from the time you call for the Taxi. Our taxi had 6.40 euro on the meter when it got to the hotel.

In a relaxed atmosphere, the hotel features typical standard parisian guestrooms, all equipped with modern amenities, including flat screen TV, to ensure you a pleasurable stay. Attentive room service is also available for your convenience.

Guests can start their day with buffet breakfast, served at the breakfast room.

Austin’s Saint Lazare provides other facilities such as Internet access, fax services and safe deposit box. There is a cosy lounge next to the lobby where you will find at your disposal a computer with internet connection and you can also comfortably spend some time in reading your favourite books too.

Here are some guests’ review :

The hotel is in a great location right next the the station, it is a little noisy but not too bad with the windows closed. It was very clean & a 3 person room is spacious by Paris standards. Would stay again. BS, Sydney Australia

A charming hotel tucked away behind the St Lazarre Station. Comfy rooms that are well appointed. Not the biggest in the world, but you don’t expect it for this price in the centre of Paris. A great place to base a Paris visit from.

Very good location, room clean but a little on the small side as one would expect in this price bracket. Breakfast was more than adequate, staff friendly and helpful. Would stay here again

The hotel has comfortable and well furnished rooms that are equipped with standard amenities. You can begin your day with the delicious breakfast served at the in-house cosy breakfast room, which is situated in the basement of the hotel.

The lobby is a perfect place to relax and meet friends or business delegates. During leisure, you can explore the city and its surrounding areas.

All the 46 guestrooms at the Color Design Hotel Bastille are equipped with modern facilities that make your stay productive and enjoyable. The breakfast room at this hotel is the best place to relish a luscious continental breakfast and start off your day.

You can visit the beautiful city of Paris and its attractions at your leisure.

Here are some guests’ review:

Brilliant in all respects, very helpful staff, spoke many languages, close to metro station 150m

Comfortable room in a reasonably well-located area of the city. Would gladly stay there again at same price.

Located in the heart of the new Faubourg de l’Arche neighbourhood, the property is within walking distance from Grande Arche, the CNIT and the Esplanade shopping centre.

All the apartments are well furnished and facilitated with modern amenities, providing the much-desired comfort to the guests.

Guests can start off the day with a delicious breakfast, served at the hotel. The hotel also offers facilities for the disabled and 24-hour reception service, to take care of your needs.

Here are guests’ reviews:

This accomodation is perfect for a single business traveller, but leaves a lot to be desired for tourist travellers who are staying as a family. The rooms are small, and you are constantly caught by extra charges, such as towells and pillows (they are provided as standard for one person in each room!)

Nice hotel, close La Defence RER and Metro, appr 500 m walk. First night we had to stay on “budget side” but compensation with bottle of champagne was ok. I tend to say that there is nothing wrong in a hotel room which has a bottle of champange waiting for you. Breakfast was good with fresh orange juice (no eggs), but the room was pretty crowded at early morning. Price / Quality ok. Recommended!

Facilities: The Breakfast Room was woefully inadequate in size. It could not even come close to accomodating the number of guest seeking breakfast. This is a serious design flaw in what is otherwise a very nice property. Our guest room was spacious enough, very clean, and comfortable. The staff could not have been more friendly or more accomodating, especially the front desk people. They met every request with a smile and with immediate service. The location was convenient in a very nice neighborhood. There is a small, full service grocery store virtually across the street from the front entrance. The Grande Arche/RER/Metro is but a short walk away. I would stay at this hotel in the future, and I would recommend the property to others.

Panorama Hotel offers comfortable guestrooms, all with en suite facilities and a host of modern conveniences. After a tiring day you can unwind with a fine drink at the cocktail bar. The comfortable lobby area is an ideal place to relax and meet friends or business delegates.

Hotel Facilities:
# Cocktail bar
# Disabled facilities
# Faxing facilities
# Internet access
# Lobby
# Reception
# Room service
# Safe deposit box

Room Facilities:
# Air conditioning
# Cable / Satellite TV
# Hairdryer
# In-room safe
# Mini bar
# Private bathroom / Ensuite
# Telephone

All the 46 guestrooms at the Color Design Hotel Bastille are equipped with modern facilities that make your stay productive and enjoyable. The breakfast room at this hotel is the best place to relish a luscious continental breakfast and start off your day. You can visit the beautiful city of Paris and its attractions at your leisure.

Here are some brief reviews of the hotel’s guests:

Brilliant in all respects, very helpful staff, spoke many languages, close to metro station 150m

Comfortable room in a reasonably well-located area of the city. Would gladly stay there again at same price.

The hotel offers 36 guest rooms that are tastefully decorated and well appointed with modern amenities to make your stay a pleasant one. The on-site dining room offers a variety of delicacies for you to enjoy.

Guests can surf the net or relax at the spacious lounge area, which is an ideal place to meet friends or explore the area attractions. My husband, who is always complaining about something, did not have any objections at all. Rooms are rather small but clean, the neighborhood is quiet. We took a walk to the Invalides and the Eiffel Tower, it is all very near. The metro is also near, it is a small station, not too busy. There are several very affordable little shops, selling cheese, fried chicken and potatoes, vegetables so you can buy sth and prepare dinner or little snack in the evening on the balcony. If you are lucky the balcony will have a view of the Eiffel Tower.