Ask A Real Estate Pro: Condo Fees Could Rise - Sun Sentinel

Washington Real Estate Investment Trust Announces Appointment Of Benjamin Butcher To Board Of Trustees - Yahoo Finance





Q: Our condominium association recently sued a homeowner and lost. The judge ordered the association to pay the homeowners legal fees, which will be costly because the case dragged. Im concerned that the association will raise our condo fees to cover this. Please tell me I dont have anything to worry about. Jerry A: Sorry, but higher fees are a distinct possibility. A condo or homeowners association essentially is a partnership of all the individual owners. They elect a board of directors to manage the community affairs. For the original version including any supplementary images or video, visit http://www.sun-sentinel.com/business/realestate/house-keys-blog/sfl-singer-housing-questions-link-20140613,0,6898996.story







China Real-Estate Slump Threatens Lis Economic Rebound - Bloomberg





Thank you. A: We think there could be another downturn in real estate, but it won't be like before. That's partly because lending standards have dramatically improved and a lot of people who bought at the previous high have either sold or gone through foreclosure or short sale. In fact, pending home sales for the month of April are down nearly 10 percent from a year ago, even as mortgage interest rates have dropped down to around 4 percent for a 30-year fixed-rate mortgage. For the original version including any supplementary images or video, visit http://www.chicagotribune.com/classified/realestate/sns-201406042130--tms--realestmctnig-b20140612-20140612,0,7219439.column





Real estate appreciation depends on improved job market - chicagotribune.com





Butcher, an additional independent member, to the Board of Trustees. Mr. Butcher will join the Board effective July 1, 2014. View photo . "We are extremely pleased to welcome Ben to the Washington REIT Board of Trustees," said Charles T. Nason, Chairman of the Board of Washington REIT. "Ben has substantial experience and leadership in the real estate industry, as the Chief Executive Officer, President and Chairman of the Board of Directors of STAG Industrial, Inc., a publicly traded REIT. We are confident that Ben will be a tremendous asset as we continue to execute on our strategy to create a stronger more focused portfolio and drive value creation." "I am excited to join the Washington REIT Board of Trustees and to be a part of the company's transformation into a preeminent leader of commercial real estate in the Washington, DC metropolitan area," said Benjamin S. Butcher. For the original version including any supplementary images or video, visit http://finance.yahoo.com/news/washington-real-estate-investment-trust-210000264.html









Skirting Rules January-May fixed-asset investment growth was little changed at 17.2 percent, as government-backed infrastructure investment countered weakness in real estate. Property companies from Guangzhou to Beijing have been skirting government requirements on minimum down payments to boost sales, according to state media and statements by government agencies and developers. Poly Real Estate Group Co. is letting buyers delay full down payments at its Central Park development in southeastern Nanjing city, the official China News Service reported June 6. Buyers can pay deposits of 50,000 yuan ($8,049) and then 15 percent of the home price in three months time, according to the report. For the original version including any supplementary images or video, visit http://www.bloomberg.com/news/2014-06-13/china-real-estate-slump-threatens-li-s-economic-rebound.html