Real Estate Area Report June 8, 2023

Fort Lauderdale May Area Report

May 2023 real estate statistics have been released!

Fort Lauderdale Area Reports

Single Family Homes

Condominium & Townhouses


Commonly asked questions while reviewing the reports:

What is the difference between “Median Sales Price” and “Average Sales Price”?

Median Sales Price | Price of the “”middle”” property sold -an equal number of sales were above and below this price.

Average Sales Price | Average sales price for all properties sold.

What does “Absorption Rate” mean?

Absorption Rate | Looks at the past year’s monthly supply of inventory. In a normal market there should be a 6 month supply. The higher the rate above 6 the more aggressive a seller has to be with the competition; price and having a picture perfect property.


Single Family Home Area Report listed first, Condo/Townhouses listed second:


Please contact me if you would like to be automatically sent updated area market reports for Fort Lauderdale or another SE Florida city. I am here to help.

Let’s start working together!

Annette Dammeyer, REALTOR

Coldwell Banker Realty

901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301

808.747.3686

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792

Home BuyersHomeowner June 6, 2023

June is National Homeownership Month!

June is National Homeownership Month!

Owning a home brings joy, belonging, and countless benefits to your life. From stability and personalization to building equity and creating a lasting legacy, homeownership is a game-changer. Join the celebration and discover why having a place to call your own is a dream worth achieving!


 

 

 

 

 

 

 

 

Annette Dammeyer, REALTOR

Coldwell Banker Realty

901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301

808.747.3686

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792

 

 

 

Home Sellers and BuyersReal Estate Area Report May 8, 2023

Fort Lauderdale April Area Report

April 2023 real estate statistics have been released!

Fort Lauderdale Area Reports

Single Family Homes

Condominium & Townhouses


Commonly asked questions while reviewing the reports:

What is the difference between “Median Sales Price” and “Average Sales Price”?

Median Sales Price | Price of the “”middle”” property sold -an equal number of sales were above and below this price.

Average Sales Price | Average sales price for all properties sold.

What does “Absorption Rate” mean?

Absorption Rate | Looks at the past year’s monthly supply of inventory. In a normal market there should be a 6 month supply. The higher the rate above 6 the more aggressive a seller has to be with the competition; price and having a picture perfect property.


Fort Lauderdale Area Report for Single Family Homes:


Fort Lauderdale Area Report for Condominiums and Townhomes:

 


Please contact me if you would like to be automatically sent updated area market reports for Fort Lauderdale or another SE Florida city. I am here to help.

Let’s start working together!

Annette Dammeyer, REALTOR

Coldwell Banker Realty

901 E Las Olas Blvd STE 101

Fort Lauderdale, FL 33301

808.747.3686

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792

Market Report May 1, 2023

Fort Lauderdale Market Snapshot

Happy May Day!

Fort Lauderdale, FL has an active real estate market. Here are the April, 2023 Market Snapshot reports for both Single Family Homes and Condos.

Be sure to sign up for future blogs for monthly Fort Lauderdale updates or sign up for your specific desired Neighborhood News updates for the area of your choice at: https://annettedammeyer.com/neighborhood-news.


April 1st-30th Single Family Home Market Snapshot


April 1st-30th Condominium Market Snapshot


Stay on top of the local real estate market by signing up for future blogs by entering your email in subscribe link on my blog page! Contact me for any questions you may have or to discuss how I can help you with your real estate goals.

Annette Dammeyer, REALTOR

Coldwell Banker Realty

901 E Las Olas Blvd STE 101

Fort Lauderdale, FL 33301

808.747.3686

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792

Home Sellers and BuyersSenior Housing April 20, 2023

Q: What is HOPA? A: Housing for Older Persons Act

THE FAIR HOUSING ACT: HOUSING FOR OLDER PERSONS

The Fair Housing Act prohibits discrimination because of race, color, national origin, religion, sex, disability or familial status (families with children under the age of 18; pregnant women and people in the process of obtaining custody of children under 18, or persons with written permission of the parent or legal guardian). However, it contains a limited exemption from the familial status prohibitions for housing for older persons.

What Are the Fair Housing Act’s “Housing for Older Persons” Exemptions?

The Fair Housing Act specifically exempts three types of housing for older persons from liability for familial status discrimination. Such exempt housing facilities or communities can lawfully refuse to sell or rent dwellings to families with minor children only if they qualify for the exemption. In order to qualify for the “housing for older persons” exemption, a facility or community must comply with all the requirements of the exemption.

The Housing for Older Persons exemptions apply to the following housing:

  1. Provided under any state or federal program that the Secretary of HUD has determined to be specifically designed and operated to assist elderly persons (as defined in the state or federal program);
  2. Intended for, and solely occupied by persons 62 years of age or older; or
  3. Intended and operated for occupancy by persons 55 years of age or older.

The 55 or older exemption is the most common of the three.

How to Qualify for the “55 or Older” Exemption

In order to qualify for the “55 or older” housing exemption, a facility or community must satisfy each of the following requirements:

  • At least 80 percent of the units must have at least one occupant who is 55 years of age or older; and
  • The facility or community must publish and adhere to policies and procedures that demonstrate the intent to operate as “55 or older” housing; and
  • The facility or community must comply with HUD’s regulatory requirements for age verification of residents.

The “housing for older persons” exemption does not protect such housing facilities or communities from liability for housing discrimination because of race, color, religion, sex, disability, or national origin.

File a Complaint

If you think your fair housing rights have been violated, you may file a complaint with HUD or contact your local FHEO office.

Additional Resources


HOPA Questions and Answers

Article and Information Courtesy of US Department of Housing and Urban Development 

 


If you are looking for a property that is approved for HOPA, contact me today. I can search for that perfect property to suit your needs. 

Annette Dammeyer, REALTOR

Coldwell Banker Realty

901 E Las Olas Blvd STE 101

Fort Lauderdale, FL 33301

808.747.3686

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792

 

 

 

Real Estate Area Report April 7, 2023

Fort Lauderdale Area Reports

March 2023 real estate statistics have been released!

Fort Lauderdale Area Reports

Single Family Homes

Condominium & Townhouses


Commonly asked questions while reviewing the reports:

What is the difference between “Median Sales Price” and “Average Sales Price”?

Median Sales Price | Price of the “”middle”” property sold -an equal number of sales were above and below this price.

Average Sales Price | Average sales price for all properties sold.

What does “Absorption Rate” mean?

Absorption Rate | Looks at the past year’s monthly supply of inventory. In a normal market there should be a 6 month supply. The higher the rate above 6 the more aggressive a seller has to be with the competition; price and having a picture perfect property.


Fort Lauderdale Area Report for Single Family Homes:


Fort Lauderdale Area Report for Condominiums and Townhomes:


Please contact me if you would like to be automatically sent updated area market reports for Fort Lauderdale or another SE Florida city. I am here to help.

Let’s start working together!

Annette Dammeyer, REALTOR

Coldwell Banker Realty

901 E Las Olas Blvd STE 101

Fort Lauderdale, FL 33301

808.747.3686

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792

Homeowner April 4, 2023

Home Renovations Worth the Time and Effort

 

The right renovations won’t just make your space more comfortable to live in, they can also increase the overall value of your home. Curious about which home renovations experts say are worth the time and effort? I’ve got you covered!

🛁 Update an old-fashioned bathroom.
🚰 Upgrade the kitchen with modern appliances and finishes.
🏠 Preserve interesting architectural elements.
🛠️ Renovate an underused area of your home.
🌳 Create an outdoor oasis.



Contact me if you are preparing your home for sale, I have years of experience to help guide you through the process!

Annette Dammeyer, REALTOR

Coldwell Banker Realty

808.747.3686

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792

Homeowner March 13, 2023

Spring Home Projects

Take your home to the next level this spring with these home improvement projects that you can do to make your home even more inviting!🌸

 

1. Check Railings, Fences, and Walkway
2. Update Windows
3. Start Kitchen Renovation Projects
4. Update Exterior Lighting
5. Refresh Exterior Paint and Stain
6. Service the Air Conditioner


For more home tips or to get your home prepared for a Spring sale, contact me today!

Annette Dammeyer, REALTOR

Coldwell Banker Realty

808.747.3686

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792

Market Report March 10, 2023

Fort Lauderdale Real Estate Market Snapshot

How’s the Market?

We REALTORS get this question all the time. The market in SE Florida is slightly shifting, but this is one of the areas in the country where there will always be a demand. This is a booming market and history shows there will ALWAYS be buyers and sellers due to job relocations, changes in family dynamics, upscaling, downscaling, retirements and general quality of life moves.

Here are the Market Snapshots for the last 3 months of Single Family Homes and Condominium Properties:


Are you ready to buy or sell? Your time is NOW. Let’s get started!

Annette Dammeyer, REALTOR

Coldwell Banker Realty

808.747.3686

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792

Homeowner March 8, 2023

Are Smart Appliances Right for Your Home?

Are Smart Appliances Right for Your Home?

Smart home appliances can make your life easier, and if you’re renovating your home, you’re likely wondering if they’re a worthwhile addition to your new-and-improved space. They have plenty of benefits: Everything from smart refrigerators, oven ranges, thermostats, monitoring systems, plugs, light bulbs, and even locks can offer you complete remote control over the things you use most. They allow you to set schedules, create routines, and program them to work while you’re away—and they’re typically user-friendly enough that just about anyone can effectively utilize them. However, not all smart home appliances were created equal, which is why you should investigate their pros and cons thoroughly before bringing one (or several) into your house.

https://youtube.com/shorts/13eWzPtNrzY?feature=share

https://youtube.com/shorts/13eWzPtNrzY?feature=share


Let’s discuss your home plans today! I am here to help. 

Annette Dammeyer, REALTOR

Coldwell Banker Realty

808.747.3686

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792