Article: Housing strategy #2: staying in the city. (includes article on house inspection) (Special Report: The Endangered Western Home)

Not every first-time home buyer wants a new tract house in a new suburb out past the edge of town. Some opt for an architecturally more interesting home and for a commute measured in minutes instead of hours. These buyers have rediscovered older, close-in urban districts their parents probably ignored.

The appeal is easy to understand. David Raposa, owner of City Living Realty in Los Angeles, specializes in selling 1890s to 1920s houses in the city's West Adams and University Park districts. "Our buyers want homes with character," he says. "We have Victorians, Arts and Crafts homes, colonial revivals with libraries, hardwood floors, sweeping staircases. You can find ...

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