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copyright © 2012 Dow Jones & Company, Inc.

Artist and designer Luis Da Cruz gutted and transformed this four-story Harlem home into a modern artist's abode.

Federal and state officials aim to wrap up this week a multibillion-dollar agreement with five major banks to settle probes of alleged foreclosure abuses.

Office-building construction is in the midst of a severe drought. This means higher rents may be on the horizon in some cities, if history is any guide.

This 2,286-square-foot house, built around 1925, has no garage but does boast original details like pecky cypress ceilings, handblown stained-glass panes in the powder-room door and Cuban tile floors.

When violent winds knocked down trees and damaged their home, a Minnesota couple seized the opportunity to start over.

Anna Kournikova sells in Miami, Nobu Matsuhisa Buys in Los Angeles and a Kauai beachfront home asks $24 million.

Romney stands by his position that the government should stay out of the national housing mess and let the market "hit the bottom." But in hard-hit North Las Vegas, Nev., the implications are clear.

Ally Financial, the U.S. government-owned auto lender, swung to a $250 million net loss in the fourth quarter after taking a charge for regulatory penalties stemming from foreclosure matters.

Obama is betting his latest proposal to aid the housing market will fare better than earlier efforts, despite congressional opposition.

The housing bust means many small businesses can no longer use home-equity loans for funding.

The average housing price in 100 major Chinese cities fell for a fifth consecutive month in January.

The beleaguered housing market continued to struggle as U.S. home prices posted declines in November.

Right now, the connection between what the S&P/Case-Shiller index says and what is actually going on with housing may be lukewarm at best.

Australian monthly house prices declined once again in December, adding to concerns among banks and property firms that a deterioration in prices across the country will resume this year.

It may be one of the most intriguing trends in homebuilding: do-it-yourself tiny homes. Amid a growing interest in eco-friendly lifestyles comes a spate of picture books capturing the joys of shoe box living.

St. Joe signaled that it is again scaling back its development plans in Florida, an indication that efforts to turn the state's Northern Gulf Coast into a cluster of luxury second-home communities have been a flop.

A builder of luxury homes reveals how he created his weekend retreat on a budget.

Tim Headington asks $25 million in South Beach, Phil Mickelson relists in Rancho Santa Fe, Calif., and Mats Wilander puts his Idaho estate up for sale.

A Jamestown, R.I., home of about 6,500 square feet, with six bedrooms, seven bathrooms and two half-bathrooms, is asking $5.8 million.

New York Attorney General Eric Schneiderman said he is confident his main concern with a pending settlement of alleged bank- foreclosure abuses would be resolved, but he didn't commit to participating in an agreement.

D.R. Horton swung to the black in its fiscal first quarter on a double-digit jump in home-building revenue and showed optimism for the spring selling season.

The Justice Department's plan to create a mortgage-crime unit with state authorities is likely to face the same difficulties earlier task forces hit in bringing charges against bank executives.

To cap a companywide renovation that started eight years ago, Club Med has chosen an unlikely destination: the ski slopes of North America.

State and federal officials hope to announce early next month a deal with five large banks valued at as much as $25 billion.

What more can be done to help the housing market? Economists have some ideas for hastening a recovery.

In recent years, the neighborhood had increasingly attracted more young people seeking affordable condos and apartments as well as the older homes.

Wall Street firms have begun to quietly jettison office space in a sign that repercussions from the recent contraction in the financial-services industry will be felt in the city for several years.

A Goldman Sachs Group Inc. real-estate fund that has walked away from a number of struggling investments is taking a different approach with a Chicago skyscraper, deciding to fight its creditors rather than surrender ownership of the building.

Blackstone Group's $11 billion bet on retail property is showing signs of paying off.

This nine-bedroom historic house in a conservation village has recently been restored and upgraded by its owners.

This tribal-themed residence in northern Thailand is on a property surrounded by mountains and rice paddies.

As more financing and private-equity investments begin to flow into residential real estate, some mothballed development plans are being revitalized.

Though convenient, continuing care retirement communities are costly. Here's how to cut the risk.

This partially moated seven-bedroom home in eastern England probably dates back originally to the 15th century.

Regardless of whether the New York Giants or the New England Patriots win Super Bowl XLVI on Sunday, a prohibitive favorite has emerged: Indianapolis-area hotels.

Boston Properties Inc. and SL Green Realty Corp. reported stronger-than-expected quarterly earnings, a sign that the nation's largest office landlords have been able to boost revenue despite tepid job growth.