November 2005 News

Dues have increased effective November 1, 2005, to $365 per unit per month. If you have auto transfer, the billing amount will change automatically. Your monthly statement mailer included a copy of the flood insurance policy for your building. Your mortgage lender may request a copy of this policy. If another copy is needed, there [...]

Prices up, sales down — Kelly Zito, San Francisco Chronicle

Prices up, sales down / Median in Bay Area rises 19% over last September: “Bay Area home prices jumped nearly 19 percent on a year-over-year basis in September, but there is some evidence — including a continuing decline in the number of homes sold — that the housing market is moderating. The median price for [...]

Bush’s tax panel would limit break for homeowners — Kathleen Pender, San Francisco Chronicle

Bush’s tax panel would limit break for homeowners / Dems complain plan would hit California, other blue states hard: “A tax reform proposal agreed upon Tuesday by President Bush’s advisory panel would eliminate the federal deduction for state and local taxes and sharply limit the tax break for home mortgage interest. That’s leading some Democrats [...]

Mortgage Rates Are on the Rise — Associated Press

Mortgage Rates Are on the Rise: “Americans may have seen the last of long-term mortgage rates below 6 percent, and borrowing costs for home buyers likely will climb further, slowing frenetic demand that has stoked U.S. housing in recent years. Realtors have spotted a drop in the appetite for housing in recent months, and a [...]

October 2005 News

Mission Palo Alto HOA board meeting for October 2005:112 Mission DriveWednesday, October 12, 2005, at 7:00 PM Check your monthly statement for an enclosure letter detailing the $10 monthly dues increase. As of November 1, 2005, HOA dues are $365.00 per month.