The best way to stay connected to what’s happening in the real estate market in your area.
Would you like to get instant real estate market information on your SE Florida neighborhood? Are you looking for real estate in a specific Florida area? All you need is your desired zip code. Just enter your contact and the zip code into the Neighborhood News search and you will get active listings in that area with the current market trends. Get your monthly updated Neighborhood News automatically.
It’s that easy! Here is the link for you to start exploring what’s happening in the real estate market in your desired zip code:
As always, I like to gently remind everyone about taking safety precautions on the 4th of July
Top 10 Pet Summer Safety Tips from Petfinder
1. Keep Your Cat Safe on the Fourth of July
Be sure your cat is wearing an up-to-date and visible ID tag on their collar at all times.
Take a current photo of your cat.
Give your cat a good play session before people come over for any celebrations.
Ask guests to keep an eye out for your cat, to be sure they don’t escape.
Keep charcoal, fireworks, sparklers and glow sticks far from curious cats.
Put your cat in a safe, escape-proof room during parties and fireworks.
If your cat is afraid of loud noises, leave gentle music playing to cover the fireworks.
2. Keep Your Dog Safe on the Fourth of July
Be sure your dog is wearing an up-to-date and visible ID tag on their collar at all times.
Take a current photo of your dog.
Exercise your dog early in the day before parties begin.
During cookouts, ask guests to play with your dog away from the flames.
Keep charcoal, fireworks, sparklers and glow sticks far from curious canines.
Keep dog treats on hand for those who want to give your dog food.
Leave your dog at home with a frozen stuffed treat during the fireworks.
If your dog is afraid of loud noises, leave gentle music playing to cover the fireworks.
3. 5 Tips to Prevent Lost Pups
Be sure your dog wears their collar with a clearly visible ID tag at all times
Update your dog’s microchip information or get them microchipped if they haven’t already been.
During parties, be sure to inform guests that all gates and doors need to be securely latched to prevent your dog from wandering.
If your dog is stressed by parties, consider keeping them in a safe room with their favorite toys away from your guests.
Leave your dog at home during Independence Day fireworks to avoid a stressed and scared pup running away in the dark.
4. Keep Your Cat from Becoming Lost
Check that your cat’s collar fits securely and that their tag is easy to read with your current information.
Update your microchip information! If your cat doesn’t already have a microchip, make an appointment with your veterinarian or call your local shelter about microchip clinics.
Put your kitty with their food, water and a litter box in an enclosed area with a visible sign declaring that the cat is inside and must not be allowed out.
Prepare in advance. Make sure that you have current, clear photos of your cat ready for lost flyers.
Ask your guests to keep an eye out for your cat during the festivities.
5. Keep Your Dog Safe at a Cookout
Be sure your dog is wearing a visible and up-to-date ID tag on their collar before the party begins.
Keep charcoal, matches and lighter fluid away from your dog.
Consider keeping your pup on a leash so they don’t explore hot grills or tables of food.
While grilling, ask guests to play with your dog far from the flames.
Place citronella and other insect-repellants where your dog can’t reach them.
Never leave alcohol unattended around your dogs.
Check that all sunscreen or insect repellant you apply to your dog is labeled for use on pets.
Don’t let guests give your pup people food. Consider having a bag of treats on hand.
Be sure all children are supervised when near your dog to avoid any roughhousing.
If your pup seems overwhelmed, bring them inside and put them in a quiet area away from guests.
6. Heatstroke is deadly for dogs
The signs of heatstroke include:
Excessive or exaggerated panting
Lethargy
Weakness
Drooling
High fever
Dark red gums
Rapid heartbeat
Unresponsiveness to commands and surroundings
Vomiting
Collapse
Staring/anxious expression
Warm/dry skin
If you think your dog may have heatstroke, head straight to your vet’s office. It could save their life!
7. Learn the Signs of Heatstroke in Cats
The signs of heatstroke include:
Restlessness as your cat searches for a cooler spot
Excessive grooming
Panting
Sweaty paws
Drooling
Redness of the tongue and mouth
Rapid breathing
Vomiting
Stumbling
Extreme lethargy
Unresponsiveness
High fever
If you think your cat may have heatstroke, head straight to your vet’s office. It could save their life!
8. How You Can Help Dogs in Hot Cars
Call your local animal control or police department to report a pet in a car. Inform them if the pet appears to be in distress. Endangering a dog by leaving them in a car is against the law in many places.
Try to find the pet parent. Note the license plate number, color, make and model of the car. Go to the nearest store or mall security office and ask them to make an announcement over the loudspeaker that a dog has been left in a car and needs help.
Keep an eye on the car until the guardian or animal control arrive.
Consider leaving our Never Leave a Dog in a Car infographic on the car to educate the guardian.
9. 4 Steps to Help Pets in Cars
Call your local animal control or police department to report a pet in a car. Inform them if the pet appears to be in distress. Endangering a pet by leaving them in a car is against the law in many places.
Try to find the cat’s parent. Note the license plate number, color, make and model of the car. Go to the nearest store or mall security office and ask them to make an announcement over the loudspeaker that a cat has been left in a car and needs help.
Keep an eye on the car until the guardian or animal control arrive.
Consider leaving our Never Leave a Pet in a Car infographic on the car to educate the guardian.
10. Tell Me!
Tell me about your hot weather and summer safety tips for your pet!
Alternatives to Using Fireworks While Celebrating
I wish you a safe and wonderful 4th of July!!
Please contact me for any questions or assistance you may need, I am here to help.
Annette Dammeyer, REALTOR
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
The 1031 exchange, as it is commonly known, derives its name from the section of the Internal Revenue Code which explains the use of a tax deferred exchange. Through this code section, a taxpayer is allowed to defer capital gain tax on the sale and subsequent purchase of investment or business property if the transaction is structured correctly with the use of a qualified intermediary.
Who can take advantage of a 1031 exchange and what is the benefit?
Benefits: Leverage, Consolidation/Diversification, Increased Cash Flow/Income, Increased Purchasing Power for Investors. Investors can take advantage of the 1031 tax-deferred exchange to acquire a more valuable investment property. By utilizing the money they would have paid to the IRS in taxes, they can increase their down payment and improve their overall buying power to acquire a more expensive replacement property.
Qualified Intermediary:
For nearly 20 years, Realogy 1031 Services has served as a qualified intermediary during the 1031 exchange process, helping investors to defer capital gains tax on the sale of their business or investment property. I am sharing some information provided by Realogy 1031 Services. Please reach out with any of your 1031 Exchange questions, you have questions, we have answers!
1031 Exchange Basics:
1031 Basic FAQ’s:
If you are considering a 1031 Exchange and would like more information, please contact me and I can provide you with additional resources, help you with the sale and/or purchase of your investment properties and refer you to Realogy 1031 Services representative who can act as your Qualified Intermediary through every step of the process.
Known as “Broward’s First City”, Dania Beach is an attractive place to live or vacation. With its proximity to Fort Lauderdale and Hollywood, there are beaches with plenty of parking, piers open for day and night fishing and state parks offering picnic spaces, kayaking, and swimming. Dania Beach is one of the few beaches in Greater Fort Lauderdale that offers dining and nightlife directly on the water. Dania Pointe is the premier destination for shopping, dining, and entertainment in South Florida. Make sure you visit the restaurants, bowling alleys and stores in this delightful outdoor shopping center. You can also visit “Antique Row” along the Federal Hwy.
Click on the link below for an Area Market Report for Dania Beach, FL:
ONE Park Tower by Turnberry, the newest addition and first condominium at SoLé Mia,
a 184-acre city-within-a-city set between Biscayne Boulevard and Biscayne Bay in North Miami.
Set on 184 acres between Biscayne Boulevard and Biscayne Bay alongside Oleta River State Park, SoLé Mia is a transformative destination that reimagines how luxury residences, nature, wellness, watersports, shopping, and dining can come together to create the ultimate lifestyle-driven community. Its location just 20 minutes from Miami Beach and near Florida International University is ideal for those who seek a serene tropical oasis with every amenity, as well as a seamless connection to the greater metropolitan area.
The newest addition to SoLé Mia’s world-class master plan, ONE Park Tower by Turnberry, has been
designed by a critically acclaimed and award-winning team. The architecturally distinctive
residential tower is by Arquitectonica, interiors are by Meyer Davis Studio, and landscaping is by
Enzo Enea. Resort-style amenities include a private beach and seven-acre Crystal Lagoon™. Steps away, The Village at SoLé Mia offers
a pedestrian-friendly, mixed-use, open-air destination for shopping, dining, and entertainment.
A 184-acre city-within-a-city anchored by The Village at SoLé Mia 350,000 square feet of facilities
37 acres of active and passive greenspace 8 miles of biking and running trails Children’s
playgrounds 225,000 SF University of Miami UHealth Medical Center with outpatient locations for the Bascom
Palmer Eye Institute and Oncology Center, Florida International University Biscayne Bay Campus,
The Village at SoLé Mia – an open-air dining, shopping and entertainment district
🔹1 Bedroom / 1.5 Baths 968 sf – 90 m2 Prices start from US $ 600,000’s
🔹1 Bedroom + DEN /1.5 Baths 1081 sf – 100 m2 Prices start from US $ 800,00’s
🔹2 Bedrooms + DEN / 3 Baths 1345 sf – 124 m2 Prices start from US $ 1,065,000
🔹Corner 2 Bedrooms + DEN / 3 Baths 1572 sf – 146 m2 Prices start from US $ 1,163,000
🔹Corner 3 Bedrooms + DEN / 4 Baths 2131 sf – 198 m2 Prices start from US $ 1,665,900
🔷 I have floor plans. 🔶Available units with price. 🔷Reservation ready!
Please contact me for more information on the Payment Structure Time Table and to get your Registration in!
The Florida Hometown Heroes Housing program makes homeownership affordable for eligible frontline
community workers by providing down payment and closing cost assistance to income-qualified
homebuyers so you can purchase a primary residence in the community in which you work and serve. Eligible borrowers can receive up to 5% of their total loan amount (maximum of $25,000) in the form of
a 0%, non-amortizing, 30-year deferred second mortgage.
Who Qualifies? 90+ Occupations are Eligible!
The Hometown Heroes (HTH) Housing Program makes housing affordable for eligible “frontline” workers, educators, police officers, healthcare providers, childcare, firefighters, nurses, military personnel, and others by providing down payment and closing cost assistance to qualified homebuyers. The Florida Hometown Heroes Loan Program offers a lower first mortgage rate AND additional special benefits to those who currently serve their communities and those who have served and continue to serve their country.
Are You a First Time Homebuyer? Not Sure? Here is how the IRS defines a First Time Homebuyer:
Additional Information and Resources
Please reach out to me and I will happily provide you with the following additional information and resources including:
LOAN LIMITS
DOWN PAYMENT ASSISTANCE SPECIFICS
QUALIFIED OCCUPATIONS LIST
REQUIRED DOCUMENTATION OF QUALIFIED OCCUPATION
ELIGIBLE PROPERTIES (Most types of properties are eligible)
APPROVED LOAN OFFICERS
WHERE TO OBTAIN THE REQUIRED HOMEBUYER EDUCATION (If you have not already completed the HUD approved Homebuyer education in the last two years)
$100 Million Dollars of funding is available for this Hometown Heroes Program! I can send you a direct link to get started taking advantage of this opportunity!
Contact me today, I am here to help!! My contact information is listed below in the flyer.
Rio Vista is one of the top neighborhoods in the Fort Lauderdale area. Rio Vista neighborhood is just south of downtown Fort Lauderdale and is an incredible boater’s paradise. The name “Rio Vista” means “River View” in Spanish. It is located along the New River intracoastal waterway and features many isles with waterfront homes. With the quick ocean access, it is an ideal neighborhood in the boating and yachting community.
Please click the link below for a Market Report for Rio Vista:
Memorial Day is an American holiday honoring the men and women who died while serving in the U.S. military. Originally known as Decoration Day, it originated in the years following the Civil War and became an official federal holiday in 1971. Many Americans observe Memorial Day by visiting cemeteries or memorials, holding family gatherings and participating in parades. Unofficially, it marks the beginning of the summer season.
Did you know? Each year on Memorial Day a national moment of remembrance takes place at 3:00 p.m. local time.
Here are some local SE Florida events to attend this Memorial Day weekend:
The Florida market is soaring. According to Florida Realtors economist:
2 of 3 Fla. Homes on Market Less than 30 Days
By Erica Plemmons
Florida Realtors economist: In 1Q 2022, half of new Fla. listings went under contract in 12 days – but look beyond that one statistic to see the shift in market speed.
ORLANDO, Fla –Florida Realtors market metrics – such as closed sales, median sale price and active inventory – summarize what’s happening in your market. But sometimes, one number can’t present the entire story.
In the first quarter (1Q) of 2022, the median time to contract for all property types in Florida was down to just 12 days. The median is the “middle,” so this means half of the homes sold in 12 days or less. This compares to 24 days one year ago, in 1Q 2021.
You can find out if homes in your local area are moving off of the market faster than the state by reviewing the median time to contract on SunStats, an interactive market tool – a free service as part of Florida Realtors membership.
The median provides a great starting point, but we can slice this data to reveal additional insights into the speed between listing and contract.
A cumulative frequency graph shows the percentage of properties selling under a certain number of days. For instance, if 2% of homes sell on the day they’re listed (0 days), and 3% sell the next day, a total of 5% (or 1 in 20 homes) sold in one day or less.
At 50%, a cumulative frequency chart tells us the same thing as the median time to contract.
The bulge in the lines has shifted toward fewer days for a higher percentage of homes. How quickly are homes selling?
In Florida across all property types, 68% (2 in 3 homes) sold in under 30 days in the first quarter of 2022. One year earlier, in 1Q 2021, about 54% of homes sold in 30 days or less, while only 41% sold at that pace in 1Q 2020. We can zoom in to look at these details.
Recall that 41% of homes sold in 30 days just two years ago; now, in 1Q 2022, 41% of homes sold in a week or less!
You’ve likely experienced this market frenzy since the pandemic uncertainty eased. A home today serves more functions than it did in the past, so buyers who find one that suits their needs swoop it up quickly.
As interest rates rise, demand levels may moderate and push the curve back, however. We’ll follow up with any notable changes in the data as the year progresses.
Erica Plemmons is an economist and Director of Housing Statistics