Happy December! Here are the Market Snapshots reflecting the last 30 days for the following areas:
Fort Lauderdale
Wilton Manors
Coral Ridge
Hollywood
Dania Beach
Hallandale Beach
These take into account all property types (Single Family Homes/Condos/Townhomes).
Please contact me if you would like to be automatically sent updated area Market Snapshots 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
Happy November! Here are the Market Snapshots reflecting the last 30 days for the following areas:
Fort Lauderdale
Wilton Manors
Coral Ridge
Hollywood
Dania Beach
Hallandale Beach
These take into account all property types (Single Family Homes/Condos/Townhomes).
Please contact me if you would like to be automatically sent updated area Market Snapshots 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
October is always a festive time of year in the greater Fort Lauderdale area with events for everyone in the family. Of course, the huge event is the Fort Lauderdale International Boat Show! There are so many events that I could not list them all, but I tried hard to provide a list of events in the area for kids of all ages. CLICK on the links to take you directly to the information for that event!
I hope you are able to enjoy one or more of these events to end October in SE Florida!!
While you are out and about, if you find a not-so-haunted home you are interested in buying, don’t be scared, call me to help you in your next buying adventure! And, if it is time to sell your current property, contact me to get it on the market and sold (no tricks, just treats)!
Be safe and enjoy the boats, yachts, candy and fun!
Annette Dammeyer, REALTOR
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
September 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
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.
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
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.
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.
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.
SB 4-D is a law passed by the Florida Legislature during Special Session 2022D on
May 26, 2022. The law was the Legislature’s response to the collapse of the
Champlain Towers South condominium on June 24, 2021 in Surfside, FL.
*The Florida Senate will convene on March 7, 2023 for the 2023 Regular Session. There may be amendments to SB 4-D in the future.*
Some condominiums associations are now required to obtain 2 new reports by December 31, 2024.
Some key takeaways on the 2 required reports include:
Milestone Inspection Report – Report about the adequacy of structural components of a condo building for life safety purposes.
Requires condominium and cooperative association buildings that are three or more stories in height to have a “milestone inspection” of the buildings’ structural integrity by an
architect or engineer when a building reaches:
▪ 30 years of age and every 10 years thereafter, or
▪ 25 years of age and every 10 years thereafter if the building is located within three miles of a coastline.
Requires, if a milestone inspection is required and the building’s certificate of occupancy was issued on or before July 1, 1992, the building’s initial milestone inspection to be
performed before December 31, 2024.
Requires that a phase one milestone inspection must commence within 180 days after an
association receives a written notice from the local enforcement agency.
Requires a phase two milestone inspection if there is evidence of “substantial structural
deterioration” as determined by a phase one inspection.
For the full text of SB 4-D and additional information on the Milestone Inspection Report, visit the Florida Senate Website and click on bill text: https://flsenate.gov/Session/Bill/2022D/4D
2. Structural Integrity Reserve Study (SIRS). Study of reserve funds required for future major repairs and replacement of common areas of a condo.
Requires condominium associations and cooperative associations to complete a structural
integrity reserve study every 10 years for each building in an association that is three stories or higher in height.
Requires associations existing on or before July 1, 2022, that are controlled by non-developer unit owners to have a structural integrity reserve study completed by December 31, 2024 and then every 10 years thereafter.
Defines “structural integrity reserve study” as a study of the reserve funds required for
future major repairs and replacement of the common elements based on a visual inspection
of the common elements.
The amount required to be funded is based on the amount listed in the study.
Requires the structural integrity reserve study to include a visual inspection, state the
estimated remaining useful life, and the estimated replacement cost of the:
▪ roof
▪ load bearing walls or other primary structural members
▪ floor
▪ foundation
▪ fireproofing and fire protection systems
▪ electrical systems
▪ waterproofing and painting
▪ windows
▪ plumbing
▪ any item with a deferred maintenance or replacement cost that exceeds $10,000
that will negatively affect any of the foregoing items
Prohibits the waiving, reducing or using the reserves for another purpose for those items
required in the structural integrity reserve study.
What does this mean for Buyers and Sellers of condominium properties that are required to obtain these reports?
Keep in mind, the reports are not due to be completed until 12/31/2024, so many condos have not had their reports completed. If a seller and buyer enter into a contract for the purchase of a condo:
The Florida Senate will convene on March 7, 2023 for the 2023 Regular Session. There may be amendments to SB 4-D in the future.
DISCLAIMER: The foregoing is a summary of the statutory changes and should not be relied on as legal advice or a complete explanation of the changes. Every situation is different, and you should seek qualified legal advice before making a decision.
Please feel free to contact me with your real estate needs and questions. I cannot give any legal advice and I would direct you to your legal representative and/or the Board of Directors at your condo association for further information regarding SB 4-D.