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Realtor association in Wisconsin hit with lawsuit Premium Content

By Inman News, Thursday, December 23, 2004.

A Wisconsin Realtor is suing the Realtors Association of South Central Wisconsin and its separate Multiple Listing Service corporation for allegedly forcing local real estate agents to buy memberships in the association as a condition of belonging to the MLS. more...

What will happen in 2005?

By Inman News, Thursday, December 23, 2004.

Editor's note: The real estate industry is heading for big change in 2005. Experts once again are predicting slower home sales and easing price appreciation due to an anticipated rise in interest rates. In this Inman News forecast series, we attempt to get a clear picture of the industry next year, including what we can expect from housing numbers, who the industry should be watching and what the best and worst-case scenarios might be for housing in 2005.  more...

Family accused of exceeding apartment occupancy limit

By Robert Griswold, Thursday, December 23, 2004.

Question: What can be done about neighbors who are living in a one-bedroom apartment with two small children? I have reported it to the management and they will not ask them to move. The regulations state that only two people can live in a one-bedroom apartment. They are also extremely noisy.

Landlord's attorney Smith replies:  more...

Widowed homeowner worries about losing home-sale tax break

By Robert Bruss, Thursday, December 23, 2004.

DEAR BOB: My wife died last August after a long illness. I plan to eventually sell our longtime house because it is far too big for me alone. But my daughter says if I don't sell by Dec. 31, 2004, I lose my $500,000 tax exemption. Is this true? – Raymond H.

DEAR RAYMOND: Please don't despair. This is a technical problem with Internal Revenue Code 121 because 2004 is obviously the last tax year you can file a joint income tax return with your late wife.

Purchase Bob Bruss reports online.  more...

NYC home prices worry Curbed.com publisher Premium Content

By Inman News, Thursday, December 23, 2004.

A Massachusetts native who moved to New York in 1996, Lockhart Steele has made a mark on the New York real estate market through his blog, Curbed.com, which highlights how people define and redefine neighborhoods, community and place, with a focus on New York City.

Launched in May 2004, the blog is filled with information, insight, gossip, guesses, color, commentary, critiques, humor and occasional digressions from real estate insiders and outsiders alike.  more...