What is the future of rental housing in CA? It says a great deal about California’s dysfunctional housing market that the state has to have a law that allows people who own rental housing to go out of business. But that is the case. It has been on the books since 1985 after the Legislature, following extensive negotiations with landlord groups and tenant associations, approved what is known as the Ellis Act, which was written with the expressed intent “to permit landlords to go out of business.” ||| https://flip.it/wG2dQm ||| https://flip.it/rJXDh- ||| https://bit.ly/3Cao8rm ||| MORE ||| SEE HASHTAGS BELOW SLIDESHOW TODAY★WORTH ® ||| https://bit.ly/3bdV32m ||| TRILOGI★MEDIA ★ SEARCH ® ||| https://bit.ly/3rViFjC LEAVE★THE★WORD ® ||| https://bit.ly/2Pwfobl ||| CANSWERIST ® ||| https://bit.ly/3crUCkq   ||| ALTACITIES ® ||| https://bit.ly/3i1lBYr   ||| TRIL ★ OPEDIA ® ||| https://bit.ly/38f76de ||| ||| HE SAID ||| SHE SAID ||| https://bit.ly/3sy8YrI ||| ALTAC...

Condo owners and would-be buyers are monitoring this news from the FHA and home mortgage front. The topic has particular interest for condo owners who are now seeking reverse mortgages now or in the future. At our HOA community, TRILOGY Glen Ivy, we have lacked this FHA certification mainly due to a side issue that relates to the presence of our community enhancement fund. This requires that all close escrows on properties sold are required to pay a .5% fee on the sales price to the enhancement fund that is managed by a separate nonprofit board aligned with our HOA governing board, but not controlled by that board. The FHA alarms about HOA community enhancement funds seems to be a bogus issue.  Why haven't the Feds concluded that these funds are actually a way communities can pay for improvements without raising regular dues? #FHAUpdate Flip②▶Home ♥ Worth on Flipboard |  http://flip.it/ZW4Jq Archive includes ... ▶ New bill brings good news for condo buyers |...

#SocialCurrentSee ®▶ #FHAnswers * ( #ALTACITIES archive by @ALTALOMAN · @Storify https://t.co/r1Ra0pjzY2 — Mike Foxworth (@ALTALOMAN) May 23, 2016 First-time condominium buyers soon discover the potential complications of their purchases, as partially explained in the following  #SocialCurrentSee . As the owner of a condo in a Southern California Inland Empire community of Trilogy Glen Ivy (south of Corona) we are personally familiar with these complications, but also the advantages of living in a condo with regard to maintenance, amenities, and affordability for what is generally a pricey marketplace for all real estate. Within our community of some 1317 residents who are required to be 55+, there is a known interest in the subject of reverse mortgages, but that option is not currently available for the some 180+ condominium owners because the community is not FHA-certified.  For that reason, the preface archive (see tweet above) may be timely, indeed. A...

#SocialCurrentSee ® ( #HOAs *) (pending archive post for #ALTACITIES ) via ALTALOMAN · @Storify https://t.co/EzJkWg1zYZ — Mike Foxworth (@ALTALOMAN) March 27, 2016 A former Florida legislator has some telling observations about common interest developments (aka HOAs) and he's not the first with potent thoughts on these places.  If you didn't know this already, the Sunshine State offers the largest spread of HOAs in the nation, just ahead of California. VIDEO (CLICK TO VIEW) WHEN YOU CHANGE THE WAY YOU LOOK AT THINGS,  THE THINGS YOU LOOK AT CHANGE SITE MAP #ALTACITIES  |  Today's Tweets are Tomorrow's Posts  |  #SocialCurrentSee DashFOX® http://www.nomorobo.com STOP ROBO CALLS!

#ALTACITIES asks: Should a city gov help pay for a failing HOA to take care of deferred maintenance and repairs? https://t.co/1Roc0OPZwx — Mike Foxworth (@ALTALOMAN) February 1, 2016 Flip②▶ Home ♥ Worth on Flipboard |  http://flip.it/ZW4Jq VIDEO SOURCE : Undeniable is the fact that home purchases are increasingly involving buying to common interest developments (aka HOAs) and this source identifies the real reason.  Cities, counties, states, and municipalities are wanting housing development without having responsibility on control, governance and maintenance of these communities. Both first-time buyers and experienced buyers often ask, " what the deal is with homeowners associations ." They are very popular right now, so there is a good chance you'll be a part of one if you're buying in almost any US locality. Tweets about homeowner associations LAUNCH A "NEXTDOOR"NEIGHBORHOOD FOR YOUR COMMUNITY Flip②▶

#ALTACITIES data: This report seems to contradict the traditional view of real estate values https://t.co/3vKXQHFGpB — Mike Foxworth (@ALTALOMAN) January 31, 2016 Flip②▶ Alta♥CITIES ARCHIVE on Flipboard | http://flip.it/qDFcn Condominiums (aka "Condos") are typically known to appreciate at a slower rate than single-family homes, but as more and more communities are built, this variable is changing. Condos are often considered easy, low-maintenance options to park your money, banking on the idea that the condo will appreciate over the years and you will someday be able to sell it for a substantial gain. While appreciation potential is an important factor when investing, the annual costs involved in holding a condo often negate much, if not all, of the financial gain you’ll get from appreciation, should you be lucky enough to own a property that does increase in value over time. The #SocialCurrentSee clip (heading this post) aside, single-family homes tend to...

(CORONA) We live in a common interest development or homeowners association (HOA) in the Inland Empire of Southern California, so we seldom see first-time home buyers moving into our community.  Not true, of course, for the typical neighborhood.  The topic under this title is of interest to millions today and millions more in the future.  The factor of HOA dues is no small consideration for many home owners, not just those who are purchasing for the first time.  ▶ Flip②▶  STORIFY  ♥  FLIPBOARD ★  BLOGGER  ▲ ALTACITIES  ® ▶  TWITTER See more in the 'social current see' with   4,900+ followers  on  FLIPBOARD   and the other media links noted above [ View the story "Truth about Rent vs Buy" on Storify ]

Baby boomers today in California are notable for their purchases of retirement homes or second homes South of the Border and even in some South America countries. Smart buys outside the USA require some extra due diligence and inspection of legal pitfalls. As noted in the following clips, errors of judgment or failure to obtain all the details may result in a sudden loss of ownership after a significant investment of life savings. Flip②▶ STORIFY ♥ FLIPBOARD ★ BLOGGER ▲ ALTACITIES ® [ View the story "Beware of Mexican condo heists" on Storify ] "There is only one thing that makes a dream impossible to achieve: the fear o... #dailyqotd #qotd http://t.co/fq1zI7UyVq — Mike Foxworth (@ALTALOMAN) May 21, 2015

The last of the Baby Boomer generation is reaching retirement age. With that reality comes the decision to downsize the home. If you are a Boomer, you may have already made that decision or accomplished that task. If not, the decision is pending and you are just wondering if this is the time to sell, the time to relocate. You may not find a better time than now so now may be the best time to contact your realtor. Flip②▶ STORIFY ♥ FLIPBOARD ★ BLOGGER ▲ [ View the story "Good Time For Baby Boomers to Sell?" on Storify ] Millions of us Boomers have arrived at this time: The downsize moment as the GenXers and GenYs explore home buying.… http://t.co/NMCrPoKC7M — Mike Foxworth (@ALTALOMAN) May 13, 2015

Chances are the local press is not noted for coverage of HOA matters for whatever reason, but social media doesn't have the same inhibition of covering the affairs of private governments.  How do we know?  Well, here is a trilogy of clips at the top of today's Twitter search for matters HOA: Agoura Hills man says HOA fined him for installing artificial turf in response to drought http://t.co/Ca3OnVCfSy pic.twitter.com/XAMiKpumHv — KTLA (@KTLA) April 23, 2015 Don't Let Your HOA Get Itself Boxed In http://t.co/gzORWgX8yv via @RealtyTimes — Real Estate & Homes (@REI_247) April 28, 2015 Dallas #HOA Still Affected by Internal Strife ~ http://t.co/9GNE5k5OdK #homeowner — Ward Lucas (@Ward_Lucas) April 29, 2015 [ View the story "Twitter chirps with HOA comments" on Storify ]

According to the National Association of REALTORS ©, nearly 80% of consumers search online for real estate today. For one location of leads and real estate data visit HouseValues.com to request a free personalized home market evaluation. Of course, any type of real estate search on the web is certain to produce countless resources for both buyers and sellers. Flip②▶ STORIFY ♥ FLIPBOARD ★ BLOGGER ▲ [ View the story "Selling, buying a home: Value finders" on Storify ] FICO ends restrictions on sharing credit scores and reports by consumer financial counseling organizations. http://t.co/5x6sUDd0xm — REALTORS® (@REALTORS) April 28, 2015