Tuesday, January 16, 2007

NC: Residents worry about condo complex's fate Now he wonders what will happen to the property and his property value since Bank of America began foreclosure proceedings last year on the complex -- a mix of apartments and apartments converted to condos. 9:26:05 AM

CA: In Cooling Market, Condos Keep Coming Of the 1,700 condos on the market in downtown San Diego, 1,485 are brand-new units -- about one-fifth of downtown's entire condo stock. And there are more where that came from. Another 3,414 condos are currently under construction, 9:24:28 AM

NY: $700M Park Flap Kathleen McMorrow, a Levine spokeswoman, said a park maintenance fee of $2 a square foot, to be charged to condo owners, will mark the first time such a fee is used to "maintain a public park" in the city. 9:21:03 AM

KS: Baby boomers opt for less spacious, lower-maintenance accommodations Baby boomers, unlike their parents, are looking to downsize at an earlier age. An increasing number of boomers are moving into lofts, townhouses or villas, and even more are considering such a move. The reasons vary: maintenance-free living, one-floor housing or warmer climates. 9:18:38 AM

FL: Poinciana Park parents want sex offender out But these parents at Poinciana Park in Poinciana Village aren't discussing the daily minutiae of their lives. They are fretting over a convicted sex offender who lives a few blocks away. That knowledge has terrified parents of this village, who want the man out. 9:11:33 AM

FL: Shinier day glimmers for Tiara With no foreseeable end to the reconstruction project that has spawned lawsuits and bitterness but little progress, at least 50 of the 320 unit owners have taken the same tack: They put their unusable oceanfront homes on the market, took the money and ran - some to such unlikely places as mobile home parks. But during the past week, those who have hung on say the skies are brightening around the once regal tower, which at 42 stories is the tallest building in Palm Beach County. 9:10:24 AM