Affordable Luxury: Living Large in Smaller Spaces (Carteret County News-Times) (ARA) - When shopping for real estate, bigger used to mean better. But preferences are changing, particularly in a tight economy where every dollar needs to go further. A new aesthetic is taking hold, and it's been dubbed "affordable luxury."
Virginia county to buy foreclosed homes (The Capital) WASHINGTON, D.C. (AP) - A suburban Virginia county ravaged by the mortgage crisis plans to buy up foreclosed properties and aid first-time homebuyers who want to purchase them as part of an effort to shore up the local housing market.