Minneapolis condominium votes to ban smoking
If you're not a smoker, smoke stinks and is offensive.This apparently why 77% of members of a Minneapolis high-rise condominium voted to ban smoking by new owners. Current owners who smoke won't be...
View ArticleHome sellers see prices 20% below their purchase prices
Bloomberg reports on potential home buyers who are finding that their homes are worth as much as 20% less than they paid for them three years ago.The boards of condominium and townhouse home owners...
View ArticleHousing and recessions
The housing industry's depression may play a role in creating a national or even world wide recession, and this might be a good time to review the history of housing depressions and general recessions....
View ArticleEconomists debate 'housing bubble'
The housing market clearly is correcting the housing bubble of the last 10 years, but over at Marginal Revolution, economists are debating whether there was a bubble.Many economists are looking for...
View ArticleCondominium markets collapse in major cities
The NY Times reports that demand for condos has collapsed under soaring inventories in Boston, Las Vegas and Washington, DC, but remains firm in New York City, but even there, prices are down 5%.This...
View ArticleHands on condo and townhouse HOA boards save money
When members of condo and townhouse home owners associations take charge of hiring and managing contractors, they spend their own money, and they get more for their money than boards that let...
View ArticleHow to choose a bank for condo and townhouse HOAs
Most condo and townhouse home owners associations use banks recommended by their management companies, but a fair share no doubt search the market for banks that will give them the best returns on...
View ArticleSnows challenge condo and townhouse HOA boards
Snow removal policies are always a challenge for condo and townhouse (patio home) HOA boards.At what point do the sidewalks and driveways get shoveled and plowed. Some common issues include:1. Does the...
View ArticleCondos hardest hit in weakest housing markets
Three real estate economists say condo prices are falling the most quickly, and by "condos," they probably also mean townhouses, if not patio homes. Anyone trying to track the housing market will be...
View ArticleRetirees looking for friendly condo communities, neigborhoods
The Wall Street Journal reports today that retirees are looking beyond Florida, Arizona and the mountains for communities that are friendly and comfortable.Pickup today's paper if you don't have a paid...
View ArticleCondo and townhouse boards must enforce bylaws and rules or change them
One of the hardest things boards of directors of home owners associations have to do is enforce their condo and townhouse home owners associations' bylaws and rules.It is just uncomfortable to enforce...
View ArticleCondo and real estate appraisers under fire in Colorado
Condo and townhouse HOA board members will be interested in the controversy involving alleged inflationary appraisals that are putting over appraised homes at even more risk if home prices begin to...
View ArticleCondo prices down, single families up
Economists and Realtors™ offer their spins on the latest housing sales figures, which show some price declines for condominiums and townhouses. (click head for free wsj.com roundup of economists's...
View ArticleHuge Florida condominium HOA airs new web site
In an effort to improve communications with its some 9,000 residents, a Floridal condominim and townhouse HOA board has introduced a sophisticated web site.Lede graphs from a story in The Observer...
View ArticleShortage of condo and townhouse HOA managers feared
There may not be enough professional property managers available to managed the home owners associations for residents in condominium and townhouse associations and coops.That, at least is the warning...
View ArticleCondo HOA boards and directors can find lots of blogs on alternative &...
Use the search bar in this blog to search blogs that are covering renewable energy. Click the head on this post to link to one of the more active ones.This site on alternative energy looks pretty good....
View ArticleCondo & townhouse home owners association hot topics
Condominium prices, townhouse prices, home owners insurance premiums, insurance premiums for home owners associations, energy costs, renewable energy, the impact of interest rates and inflation on HOA...
View ArticleCondo board purchases renewable energy credits
A Chicago condo is purchasing renewable energy credits from an Iowa wind farm. (Click head.)Following in the footsteps of major corporations such as Whole Foods and Johnson & Johnson, the...
View ArticleCondo and townhouse HOAs boards must help market their communities
Condominiums and townhouses are the first to feel a break in housing prices in times like these for whatever reasons.HOA boards can use their membership meetings, newsletters and community marketing...
View ArticleTownhouse and condomium home owners associations may use this referral service
Here's an 11-year-old referral service with 425,000 paid members. Click on headline.Condominium & Townhouse HOA Boards
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