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Today's Real Estate News and Advice

Updated: August 7, 2006

July Breaks 7,000 Sales
Toronto's resale housing market weathered July's heat, as 7,082 sales were recorded through the TorontoMLS system during the month, TREB President Dorothy Mason announces. FULL STORY->

Investor Hot Spots
New mortgage data suggests that investor home purchases are relatively stronger in some small, moderate-priced local markets than in once high-profile, high-cost larger markets. FULL STORY->

Housing Counsel: Family Feud May Cause Property to be Lost
A property held as tenants in common loses an owner. Who is responsible for the mortgage payments? FULL STORY->

Certified Community Association Managers May Create Safer Living Environment
There are nearly 60 million Americans living in association-governed communities and the number is growing. FULL STORY->

Hit Pause On HD-DVD, TV Monitors
As manufacturers roll out new home entertainment technology, hit the pause button long enough to make wise choices about the devices you buy so you are more entertained than pained. FULL STORY->

Vacation Investors: Keep Up or Get Out
A vacation rental experience gone bad. M. Anthony Carr tells all about it. FULL STORY->

Inflation Indications Ease Allowing Mortgage Rates To Drop Again
Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.63 percent, with an average 0.3 point, for the week ending August 2, 2006, down from last week's average of 6.72 percent. Last year at this time, the 30-year FRM averaged 5.82 percent. FULL STORY->

FSBOs Remain Viable Market Force
It's not easy selling your own home, but that isn't stopping a growing number of people who most often take the risk to save thousands of dollars on a home sale. FULL STORY->

Slowing sales? They'll Pass.
Real estate is a changing business. Trends often can change tomorrow. Or more often -- will change tomorrow. FULL STORY->

Cell Towers in Residential Areas
Let's face it, most people do not want a cell tower in their neighborhood. Columnist Stuart Lieberman has litigated many cell tower cases on behalf of community groups and suggests a more refined method for locating towers. FULL STORY->

Consumers Use Cash-Out Refis To Adjust Budgets
Home owners continue to sign for larger, more expensive mortgages, ironically, often to spend less and tighten budgets that have been stretched by rising energy, fuel and interest rate costs. FULL STORY->

FTC Eyes ‘Questionable' MLS Conduct
Uncle Sam's chief consumer watchdog agency, the Federal Trade Commission, has it eyes on several local real estate groups which have rules that inhibit the use of various forms of reduced-fee selling options. Lew Sichelman has the details. FULL STORY->

FACT Act Tackles Financial Literacy
The federal financial literacy commission adds to its MyMoney.Gov financial education cornerstone with a blueprint for building the rest of the infrastructure for a system of national financial education. FULL STORY->

Ask the HOA Expert
How does an HOA grandfather architectural restrictions? Should owners customize their landscaping? These questions and more in this week's column. FULL STORY->

Ohio Court Moves To Protect Homeowners
Ohio has rejected the right of local governments to seize homes merely to benefit private developers or to increase local tax revenues. Peter G. Miller comments. FULL STORY->

Doing Your Laundry Online
Consumer technology giants are testing a system that allows your washer and dryer to electronically bug you to let you know your forgot to do the laundry. This is not a hoax. FULL STORY->

Do Canadians Know a Bargain When They See It?
A lot has happened over the past year in Canadian real estate. PJ Wade tells why you should have a real estate professional on your side, sharing relevant information, and creating buying and selling strategies for your unique needs. FULL STORY->

Cooling Off Without the AC
When it comes to cooling off, the AC is not the only solution. Columnist Phoebe Chongchua explains. FULL STORY->

How To Survive A Blackout
A power blackout can be a few hours of discomfort or a longer event akin to a natural disaster. Here's how to prepare to ease the discomfort or mitigate the possible effects of disaster. FULL STORY->

Housing Counsel: Home Inspection Laws -- Modest Fix From the Courts
The District of Columbia Court of Appeals recently handed down a decision which may have significant consequences for potential homeowners. FULL STORY->


Jane Scrima
Stirling International Realty
201 E. Central Boulevard
Orlando, FL 32801
Phone:
407.581.5550
Cell Phone:
407.718.3358
Fax:
407.581.5551


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