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Homeowner’s Association in Philadelphia says they only allow whites – video

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Whites only

Philadelphia is the scene of an ugly homeowners association battle wherein they’ve singled out one homeowner and told her that her colored lights aren’t welcome, that she is bound by the bylaws that outline only white holiday lights are allowed.

We’ve seen the typical HOA battle where a homeowner doesn’t want to take down their lights until St. Patrick’s day, and that is reasonable, but the homeowners above say that not only were the singled out for having colored lights on their home, but they have been fined for doing so. The neighbors banded together and collected 62 signatures on a petition to allow the colored lights rather than the current white, non-blinking lights only that violators are subject to $10 per day the lights remain visible.

According to CBS Philly, the HOA surveyed the community and received 38 responses, split evenly with 19 voting for non-blinking white lights, and 19 for colored lights (5 for blinking, 14 for non-blinking). Rather than see it as a tie, they broke it down to a 19-14 vote, saying the 5 votes for blinking colored lights aren’t counted as votes for colored lights. Neighbors that see the math as fishy are planning on organizing to run against the current HOA leadership in the next election cycle.

Why white lights only? “Some colored lights are pretty and they have their place in… neighborhoods, but you never really know how far people are going to go with them,” one resident told CBS Philly.

Lani is the Chief Operating Officer at The American Genius and sister news outlet, The Real Daily, and has been named in the Inman 100 Most Influential Real Estate Leaders several times, co-authored a book, co-founded BASHH and Austin Digital Jobs, and is a seasoned business writer and editorialist with a penchant for the irreverent.

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20 Comments

20 Comments

  1. agentsteph77

    December 5, 2011 at 10:27 pm

    Ha! The title got me!

  2. sarah

    December 9, 2011 at 5:07 pm

    I think this is so down right rude. Honestly I live in the said development and I dont mind the colored lights. That being said… they could have gone about this in a different manner and redid the poll or vote since so many residents didnt actually vote. These sets of people are well known for doing something they KNOW is against the bylaws and instead of getting them changed they ignore them and do what they want. Its lights people.. yes they should be allowed to have colored but to have our development in the news over and over and over….REALLY? Are we all forgetting why we are putting up lights? The real meaning of the season. If I was them I would set out to change the bylaw. Instead they are cursing the HOA and doing as they wish. That is ignorance if you ask me. Oh and for the record… one of the people complaining was a board member so honestly, they should know the proper ways to get something done. I was for the homeowner…. but now with their rude approach I side with the HOA.

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Austin

Austin tops the list of best places to buy a home

When looking to buy a home, taking the long view is important before making such a huge investment – where are the best places to make that commitment?

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Looking at the bigger picture

(REALUOSO.COM) – Let us first express that although we are completely biased about Texas (we’re headquartered here, I personally grew up here), the data is not – Texas is the best. That’s a scientific fact. There’s a running joke in Austin that if there is a list of “best places to [anything],” we’re on it, and the joke causes eye rolls instead of humility (we’re sore winners and sore losers in this town).

That said, SelfStorage.com dug into the data and determined that the top 12 places to buy a home are currently Texas and North Carolina (and Portland, I guess you’re okay too or whatever).

They examined the nerdiest of numbers from the compound annual growth rate in inflation-adjusted GDP to cost premium, affordability, taxes, job growth, and housing availability.

“Buying a house is a big decision and a big commitment,” the company notes. “Although U.S. home prices have risen in the long term, the last decade has shown that path is sometimes full of twists, turns, dizzying heights and steep, abrupt falls. Today, home prices are stabilizing and increasing in most areas of the U.S.”

Click here to continue reading the list of the 12 best places to buy a home…

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Housing News

Average age of houses on the rise, so is it now better or worse to buy new?

With aging housing in America, are first-time buyers better off buying new or existing homes? The average age of a home is rising, as is the price of new housing, so a shift could be upon us.

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aging housing inventory

The average home age is higher than ever

(REALUOSO.COM) – In a survey from the Department of Housing and Urban Development American Housing Survey (AHS), the median age of homes in the United States was 35 years old. In Texas, homes are a bit younger with the median age between 19 – 29 years. The northeast has the oldest homes, with the median age between 50 – 61 years. In 1985, the median age of a home was only 23 years.

With more houses around 40 years old, the National Association of Realtors asserts that homeowners will have to undertake remodeling and renovation projects before selling unless the home is sold as-is, in which case the buyer will be responsible to update their new residence. Even homeowners who aren’t selling will need to consider remodeling for structural and aesthetic reasons.

Prices of new homes on the rise

Newer homes cost more than they used to. The price differential between new homes and older homes has increased from 10 percent traditionally to around 37 percent in 2014. This is due to rising construction costs, scarcity of lots, and a low inventory of new homes that doesn’t meet the demand.

Click here to continue reading this story…

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Housing News

Are Realtors the real loser in the fight between Zillow Group and Move, Inc.?

The last year has been one of dramatic and rapid change in the real estate tech sector, but Realtors are vulnerable, and we’re worried.

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zillow move

Why Realtors are vulnerable to these rapid changes

(REALUOSO.COM) – Corporate warfare demands headlines in every industry, but in the real estate tech sector, a storm has been brewing for years, which in the last year has come to a head. Zillow Group and Move, Inc. (which is owned by News Corp. and operates ListHub, Realtor.com, TopProducer, and other brands) have been competing for a decade now, and the race has appeared to be an aggressive yet polite boxing match. Last year, the gloves came off, and now, they’ve drawn swords and appear to want blood.

Note: We’ll let you decide which company plays which role in the image above.

So how then, does any of this make Realtors the victims of this sword fight? Let’s get everyone up to speed, and then we’ll discuss.

1. Zillow poaches top talent, Move/NAR sues

It all started last year when the gloves came off – Move’s Chief Strategy Officer (who was also Realtor.com’s President), Errol Samuelson jumped ship and joined Zillow on the same day he phoned in his resignation without notice. He left under questionable circumstances, which has led to a lengthy legal battle (wherein Move and NAR have sued Zillow and Samuelson over allegations of breach of contract, breach of fiduciary duty, and misappropriation of trade secrets), with the most recent motion being for contempt, which a judge granted to Move/NAR after the mysterious “Samuelson Memo” surfaced.

Salt was added to the wound when Move awarded Samuelson’s job to Move veteran, Curt Beardsley, who days after Samuelson left, also defected to Zillow. This too led to a lawsuit, with allegations including breach of contract, violation of corporations code, illegal dumping of stocks, and Move has sought restitution. These charges are extremely serious, but demanded slightly less attention than the ongoing lawsuit against Samuelson.

2. Two major media brands emerge

Last fall, the News Corp. acquisition of Move, Inc. was given the green light by the feds, and this month, Zillow finalized their acquisition of Trulia.

…Click here to continue reading this story…

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