Thursday, May 29, 2008

New York town repeals ban on clotheslines - Yahoo! News: "The Southampton Town board has lifted a ban on clotheslines that had stood since 2002, when some homeowners complained the laundry on their neighbors' lawns was making the town look shabby."
Fred Pilot sent this link. I guess for this town saving the galaxy comes before anti-hillbilly laws.

Wednesday, May 28, 2008 / World - US home prices fall at record pace / World - US home prices fall at record pace: "The gloom enveloping the US housing market intensified on Tuesday as home prices dropped at the fastest annual rate since records began 20 years ago.

The Standard & Poor’s/Case Shiller national house price index fell 14.1 per cent in the first quarter of this year, compared with the same period a year earlier, a decline that threatens to delay any recovery in the broader economy."

That's a masterpiece of understatement.

Tuesday, May 27, 2008

Skipped dues crunch home associations -

Skipped dues crunch home associations - "AVONDALE, Ariz. — A modest housing tract, set amid pecan trees here in suburban Phoenix, faces big problems: About 40% of its homeowners aren't paying their association fees, leaving neighbors with higher assessments and reduced services"
Thanks to Fred Pilot for this link to yet another story on HOAs taking a hit due to owners not paying assessments. CAI's Frank Rathbun is quoted as saying, "It's happening all over. It's a national problem."