1923 Colonial Revival
After living on the Main Line for 12 years, and making over several past houses in Philadelphia, Carole and David Alfe moved to NJ for David's job. They found what might be their last "make-over": a neglected 1923 colonial revival house in Merchantville that they never could have afforded on the Main Line. (MIchael S. Wirtz / Staff Photographer)
- Cost-conscious consumers cut new-home prices
- College grads face thousands in debt
- 7.5% of mortgages are delinquent
Alan J. Heavens: Certain rules about managing money are fairly obvious. But things that seem like a good idea at the time - buying a house, for instance - can go horribly wrong.
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