La Mesa Today - Community Website & Online Newspaper
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Hurry! Candidates needed for the Helix Water District Board!
The deadline to run for Helix Water District Board is August 10, and we need good candidates to replace incumbents!
This is the Board that CalAware forced to go back and restart a rate hike over a series of Brown Act violations.
The bright spot on the Board is Kathleen Hedberg; the others are dismissive of anyone daring to speak at public meetings. Their vindictiveness towards Hedberg for not being “their kind” of team player led them to muzzle her requests for info, skipped her as VP in their customary rotation, and removed her from outside boards.
Muse proposed prohibiting Board Members from speaking with media; eventually they “only” required personal opinion disclaimers. Do they really think people can’t recognize an e-mail address or letterhead? Their opinion of the public is low.
On August 1 they extended – early – the current Employees’ Association contract until 2015, which will increase benefits if cost of living turns out to be over 2%. Why limit options early? How will the Healthcare Act affect benefit options? Are you a gambler? 4 out of 5 Board Members rolled the dice on our behalf.
Muse, Linden and Smith seek reelection. Do you live in their divisions? (http://hwd.com/board/index.htm) If so, run!
The Wall Street Journal
Over 50 percent of Americans expect home prices to rise
More than half of Americans now expect the country’s home prices to climb within the next year, illustrating a growing optimism toward the health of the housing industry, according to new data from Fannie Mae. Read the full story.
Los Angeles Times
Some homes are slow to sell even in the hottest markets
With full-fledged sellers’ markets underway in dozens of metropolitan areas around the country, new research has found curious statistical patterns emerging: Even in cities where listings get multiple offers within days or hours, significant numbers of homes are sitting on the market for six months, 12 months, or more with no takers. Among the reasons: Mispricing, excessive restrictions on access to buyers and agents, failure to clean or make repairs, and a variety of other marketing bungles. Read the full story.
The Wall Street Journal
Principal forgiveness could reduce costs for taxpayers
Allowing Fannie Mae and Freddie Mac to reduce loan balances for borrowers who owe more than their homes are worth could ultimately reduce mortgage defaults and save the government money, according to a report by the Congressional Budget Office. Read the full story.
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