WALL ST. JOURNAL REALTY NEWS WSJ.com: Real Estate A Bucktown Beauty This three-story home in Chicago's Bucktown neighborhood has plenty of oversized windows, a modern curved roof and an updated backyard. Foreclosure Deal Is Closer 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. Less Building Now, Higher Office Rents Later 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. A Modest Home for Palm Beach 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. The House a Storm Built When violent winds knocked down trees and damaged their home, a Minnesota couple seized the opportunity to start over. Anna Kournikova Sells in Miami Anna Kournikova sells in Miami, Nobu Matsuhisa Buys in Los Angeles and a Kauai beachfront home asks $24 million. Romney's Stance Hits Home 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 Swings to Loss 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. Mortgage Plan Draws GOP Opposition Obama is betting his latest proposal to aid the housing market will fare better than earlier efforts, despite congressional opposition. JESSICA FREELAND BROKER, OWNER, REALTOR® (612) 251-5884 SARA SCHULMAN BROKER, OWNER, REALTOR® (612) 386-0990   TWIN CITIES | MINNESOTA FAX: 1-866-388-6260

Design by Style Agent