Real Estate News – October 9, 2012

This will likely be my last post until next week.  I am taking a one-week vacation “BOOTW” (By Orders Of The Wife).  It’s the first time I’ve taken time off, I think, in ten years of marriage and twelve years of practice, so I guess I’ve earned it (or should I say, she’s earned it). 

So, until next week, here’s the latest and greatest in real estate news:

Notorious HOA Board Removed by State (via

A real-estate lawyer from Long Island was sentenced Tuesday on Staten Island to a year in jail and must pay a Tottenville woman $75,000 for stealing a down payment from her (via

In what is probably going to be the largest U.S. office transaction of the year, Inc., the world’s largest online retailer, has agreed to buy the 11-building complex where their headquarters is housed in Seattle for $1.16 billion (via

Neighborhood association sues homeowner who has water-conserving yard (via

New regulations governing interest-rate swaps have become an unexpected roadblock for federal officials looking to bring private money back into the U.S. mortgage market. Fannie Mae and Freddie Mac missed a goal of issuing a new class of mortgage securities by the end of September, partly because the new regulations complicated the debt offering (via REALTORMag):