Today's Real Estate News and Advice

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Updated: November 15, 2005

HOA Living Gets Landslide Vote Of Approval
Home owners who buy into community association managed communities are tied to a different lifestyle not found in unmanaged communities, but they are generally quite satisfied with their choice. FULL STORY->

Why Congress Is Fighting The Supreme Court
This summer the Supreme Court ruled that government could take your home to benefit someone else. Efforts to effectively overturn the Kelo decision are now underway in Washington. Peter G. Miller comments. FULL STORY->

Buying in the American Sun Without Getting Burned
When "Sun Belt" real estate salespeople encourage Canadian buyers to sign on the dotted line, these American professionals may not understand how little most Canadians know about the differences between buying real estate in the US and back home. PJ Wade offers advice for would-be Snowbird purchasers. FULL STORY->

Annual Budget Time is Coming
Patrice is a property manager who is responsible for a portfolio of 400 apartment units at 9 locations. Every year as she gets ready to draft the budgets for her clients, she completes an exterior and interior inspection report for each property. FULL STORY->

Memphis, Tennessee, Continues to Thrive
Memphis, Tennessee, home of Graceland and the Memphis Grizzlies, is seeing a hot market with cooling temperatures. FULL STORY->

Procrastinators Rejoice: Two Extra Months On Extension To File Tax Returns
The tax man cometh with a new provision that will have procrastinators dancing in the streets: A new six-month long tax-filing extension just for the asking. However, you'll still have to pay your taxes on time. FULL STORY->

HUD's "RESPA Police" Target Realty Brokers
Signalling the start of what may be a new series of enforcement actions against realty firms, HUD's RESPA police have just announced settlements with four Detroit-area Realtors who allegedly received "excessive" payments from a title agency for in-house conference room space rentals. Ken Harney reports. FULL STORY->

Housing Counsel: The "Due on Sale" Concept
Benny L. Kass explains the term, "due on sale," and what it means for one homeowner's family. FULL STORY->

Room for Development in California Coastal Community
If you build it, they will come. That's what developers and the city of Oceanside, California, are banking on. FULL STORY->

Should You Remodel or Move?
Unless you've taken a new job in a new location, the decision to move up may involve deciding on whether to remodel or move altogether. FULL STORY->

Fixed-Rate Mortgage Rates Up For Ninth Consecutive Week
Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.36 percent, with an average 0.5 point, for the week ending November 10, 2005, up from last week's average of 6.31 percent. Last year at this time, the 30-year FRM averaged 5.76 percent. FULL STORY->

Home Loans Still Easy Money
Consumers, who may have rushed to the mortgage market earlier this year, amid warnings lenders might tighten home loan money, have only higher interest rates to fear. FULL STORY->

Finding and Keeping that Second Home in Mexico
"Cashing In on a Second Home in Mexico" is a must-read for buyers looking for an investment or a place to retire. FULL STORY->

Remodeling Replacing Custom Homes
More and more would-be move-up custom home buyers are doing the math. It costs less to add on, renovate, remodel or otherwise upgrade your existing home with custom improvements than it does to buy a new fully customized home. FULL STORY->

The Legacy of Old Pollution: Oil Refineries
Old refineries never die, they just pollute away. Stuart Lieberman teaches homeowners how to protect their properties and families. FULL STORY->

St. Paul, Minnesota: A Gem of the North
The City of St. Paul embodies a large, ethnically diverse population, and has been long recognized for its strong neighborhoods and quality of life. FULL STORY->

Before You Speculate in Real Estate, Make Sure You Know What You're Getting In To
Got Money? $800,000 in mortgage loans desperately needed. One real estate investor didn't do his homework. Henry Savage has the story. FULL STORY->

Silicon Valley Housing Market Stabilizes
Buyers jumping off the fence to chase interest rates are putting upward pressure on prices in Silicon Valley, but larger inventories and fewer sales on the other side of the scale help keep the market balanced. FULL STORY->

Census Estimates Daytime Population Gains
What's the "swellest" place of all? In terms of huge jumps in daytime populations, if you guessed the Big Apple, go to the head of the class. But small town places like Tysons Corner, Va., also swell during the week, according to first-ever Census Bureau estimates. Lew Sichelman has the numbers. FULL STORY->

Ask the HOA Expert
Proposals to donate funds to charities. Design Review Committees. Richard Thompson addresses these issues and more in this week's column. FULL STORY->

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