From Your Home to Your Financial Planning
 

 

Updated: January 25, 2007

Home Improvement Spending Up Marginally
According to the Joint Center for Housing Studies at Harvard, Americans spent $168.7 billion on home improvements and repairs in 2006, 1.5 percent more than in 2005. FULL STORY->

More Rental Market Uncertainty
A second day of news brings more uncertainty about a rental market that previously appeared poised to take over the title of "hot market" from the owner-occupied sector. FULL STORY->

Recreational Condos Take Off in Ontario
It's not Whistler, B.C. or Mont Tremblant in Quebec, but Ontario's Blue Mountain has turned into a booming year-round resort that's attracting a lot of real estate investors. Just as the condominium market has been booming in recent years in Ontario's urban centres, the recreational condo market is also strong. FULL STORY->

Tenant Retention
Columnist Clifford A. Hockley gives some helped tips on how to improve the bottom line of the commercial buildings you own. FULL STORY->

State of The Real Estate Union: Beige
Housing market sources from federal banking districts offered largely bleak commentary for 2007's first "Beige Book" which includes a sort of "State of the Real Estate Union" component. FULL STORY->

The End Is in Sight
The worst is housing's down-cycle is over, according to the chief economist at Fannie Mae, who says "the biggest declines are behind us." Lew Sichelman has the details. FULL STORY->

Ask the HOA Expert
Can committee members be removed from committees? How should we deal with a board member who is a trouble maker? These questions and more in this week's column. FULL STORY->

Is Brokerage Solidarity For Real?
Do brokers act alike and think alike? Columnist Peter G. Miller looks at a reader's letter. Is the brokerage community some sort of monolith, a group-think brotherhood where all march in unison? FULL STORY->

More Evidence It's A Good Time To Remodel
More indictors reveal it's a homeowners' market in the remodeling realm where lower demand, cheaper materials and more remodel contractors give customers the edge. FULL STORY->

Financial Assistance to Improve Substandard Accommodation
If your home or apartment needs more modernizing, repair or adaptation than you can afford, you may be eligible for financial assistance. PJ Wade explains government programs designed to raise health and safety standards, and generally improve housing for low-income Canadians. FULL STORY->

Ask George & Chuck: Questions from Consumers
A disclosure says no mold, but the home inspector begs to differ. A new home with problems that need addressed. These issues and more in this week's column. FULL STORY->

Renters Strike Back
Renters, revolting over fast-rising rents, left higher levels of vacancies across a large swath of the nation at the end of 2006, according to a recent analysis. FULL STORY->

Happy Renters Make Happy Landlords
Keeping your renters happy can lead to being a happier, wealthier and, stress-free landlord. FULL STORY->

Housing Counsel: Mortgage Interest Deduction
Columnist Benny L. Kass explains mortgages, lenders, and points. FULL STORY->

Realty Appraisers Upset at "Stripping" of Their Proprietary Data
In the latest round of the ongoing fight between traditional appraisers and "automated valuation models" (AVMs), appraisers charge that online property data companies are stripping out key information from their reports without permission or compensation. Ken Harney reports. FULL STORY->

Warm Rooms Delightful During Frightful Winter
Global warming? Have you checked the Weather Channel? Take the chill off winter's fury by making sure your abode can withstand Old Man Winter's glacial grip. FULL STORY->

New Year Off to a Brisk Start
The first half of January yielded 1,592 resale home transactions in the Toronto Area, a six per cent increase over the same time period a year ago, Toronto Real Estate Board President Dorothy Mason announced. FULL STORY->

Long Term Mortgage Rates Highest Since November 2006
Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.23 percent with an average 0.4 point for the week ending January 18, 2007, up from last week when it averaged 6.21 percent. Last year at this time, the 30-year FRM averaged 6.10 percent. FULL STORY->

More Real Estate News and Advice...
Lillian Shaw
Keller Williams Elite Realty
4010 Barranca Pkwy Ste. 100, 253
Irvine, CA 92604
Cell: (949) 439-4871
Email: info@LillianShaw.com
http://www.LillianShaw.com 
© Copyright 2007, Lillian Shaw, All rights reserved - Designed by: 1EZ Consulting Services, Inc.