Building a Well to Skirt Water Restrictions

The drought parching the Southeast has spawned a new solution among the wealthy who want to keep their lawns lush: Digging their own private wells that are discreetly hidden by shrubbery. The practice has enraged water conservationists and other less-well-heeled homeowners.

Bush Signs Housing Bill

Bush signed a housing-rescue bill into law, creating a new regulator with increased power over Fannie Mae, Freddie Mac and allowing the FHA to insure as much as $300 billion in new, refinanced mortgages.

Breaking Into Your Own House

We occasionally must call a 24-hour locksmith service to help us break back into our own homes, but it’s hard to tell whether one is reputable. We put Pop-A-Lock, USA Locksmith, Seattle Locksmith and Abel’s Locksmith to the test.

Home-Price Declines Continue

Home prices fell a record 16% from a year earlier in 20 major metropolitan areas, according to the S&P/Case-Shiller index. Meanwhile, consumer confidence edged up slightly in July.

U.K. Outlook Gets Darker

The U.K. economy’s outlook darkened further Tuesday as retail-sales growth and home-mortgage activity slowed sharply.

Behind the Boom and Bust of Vesta

A firm that acted as a middle man in a popular real-estate-investment strategy has closed its doors, leaving investors scrambling to recover millions and pointing to flaws in the largely unregulated industry.

For iStar, Ratings Now an Issue

IStar’s earnings report will not only provide fresh clues about the company’s prospects but could also provide a broad overview of the financial health of the commercial real-estate sector nationwide.

Housing Bill Is Mixed Bag for Builders

Although a bill aimed at reviving home sales and curtailing foreclosures is about to become law, some of its provisions are proving a drag for the nation’s large home builders.

Retailers Set Their Sights on U.S.

America’s shopping venues are getting an international makeover as moderately priced apparel retailers from Europe, Asia and Canada increasingly set up shop in the U.S.

Bush quietly signs mortgage relief measure (AP)

AP - President Bush signed a housing bill Wednesday intended to rescue about 15 percent of the cash-strapped homeowners in fear of foreclosure in the next year or so.

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