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Real Estate Journal (wsj)
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Mortgage Relief Programs Aren't Helping Much Up until now, state efforts to help distressed homeowners refinance have had negligible results. A new federal bill may give them additional tools. Condo-Hotel Buyers See Investments Sour Many investors who purchased condo hotel rooms during the real-estate boom are wishing they hadn't. Some frustrated owners are bringing these projects to the attention of regulators. Five Questions to Ask Before Remodeling Before you redo your home make sure you know how big a renovation you can afford and how long you will remain in your residence. States Move Fast On Mortgage Aid Local governments are acting more aggressively to help homeowners avoid foreclosure, frustrated by what they view as the federal government's inadequate response to the mortgage crisis. FHA Loans Grow Costly As Banks Add Fees Lenders that make loans insured by the Federal Housing Administration are adding costs and restrictions that make those mortgages more expensive for consumers and less widely available. Selling History By the Square Foot In a backlash against vinyl-clad McMansions developers are creating communities with houses that look like they were built centuries ago, but with modern trappings. Fine Tuning the Picture On the Foreclosure Mess It's not always easy to get an accurate sense of how many foreclosures there actually are and which U.S. locales are the hardest hit. June Fletcher explains why.