Info Bytes 12.08.22

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Resource Updates

Notice Page

☑✓✔ Opt In ✅✅✅

  • Quite a few state legislatures reacted to the pandemic by making it easier for common interest communities to communicate electronically. CIC homeowners in Washington state can opt into receiving electronic notices. Read more on our Notice page and view the example opt-in form.

  • Located outside of Washington State? Check your statutes.

Virus Triple Threat

  • Fenit Nirappil and Tara Parker-Pope | Washington Post

The 1,000lb CAI gorilla (guerrilla?!)

atop the author.

Created by a friend of Condo Connection!


CAI Tosses More Spaghetti

  • Following a lovely holiday abroad, what was buried in a pile of mail? CAI's latest missive levying accusations including “negative comments about CAI” (AKA the unvarnished truth). This ongoing saga has a certain crime syndicate aura like what you find in Netflix’s documentary about FIFA’’s multi decade corruption scandal.

  • With antics now in the ninth inning, CAI began moderating submissions to the Exchange last week as another step to control the flow of information. We first told regular readers about our planned exit from the Exchange in last week's CIC Info Bytes. This step that frees up hours of time every week, means no more battles to ensure reasonable content remains posted and is also necessary because our association saw no value in continuing to pay an annual membership fee to an organization that does not represent us.

  • Learn how you can support common-sense advocacy and TAKE ACTION.

The History of Modern Skyscrapers
Home Delistings On the Rise

What’s Going On with the Housing Market?

  • …It is typical for rising interest rates to cool the housing market. But the speed of this year’s mortgage-rate increase has created a sense of whiplash among buyers and sellers, and that makes it difficult to predict how long the housing slump will last and how bad it will get. Contradictory signals abound… Home Sellers Are Pulling Properties off the Market at Record Pace - Nicole Friedman | WSJ 12/07/22

Home Builders Fight to Show There's Enough Water for New Residents

  • The master planned community of Teravalis located in Buckeye, AZ might someday host 100,000 homes (let that number sink in). Is there enough water?

Remote work is gutting downtowns, will cost cities $453 billion

  • Those of us who live in the heart of a major US city know this all too well.

Home Builders Fight to Show There's Enough Water for New Residents
Dollar$ and $ense Page

💵💰 DOLLAR$ & $ENSE 💰💵

Condo Connection's financial coverage is indexed to our Dollar$ and $ense page dedicated to all things CIC finance.

Dollar$ and $ense Page

Why Hasn’t Your Community Ditched Your Bank?!

There’s nothing complicated about it: Common interest communities are missing out on billions of dollars in interest by keeping their savings at the biggest U.S. banks. The $42 Billion Question: Why Aren't Americans Ditching Big Banks? - Dion Rabouin | WSJ 12/08/22

What Types of Bonds Deliver the Best Returns?

  • This insightful article examines the performance of fixed-income securities from the past 50 years. What’s best in a rising rate environment? US ultrashort Treasuries. What Types of Bonds Deliver the Best Returns? - Derek Horstmeyer | WSJ 12/03/22

‘Risk Free’ Returns? Government Backed Debt Is Key

TIPs of the Week

FOMC Moderation in December, BUT Rate Hikes Aren’t Over

12 Month Fixed Income Total Return by Sector - Truist Wealth

Global Yield Curve Inversion

Why Housing Can Skew Inflation Numbers

World Yield Curve - 2001 to 2022 - Bloomberg
Fidelity Fixed Income & Bonds Yield as of 12/08/22


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