HomeownerSenior Housing November 21, 2023

Selling to Downsize or Pay for Senior Care?

Selling to Downsize or Pay for Senior Care?

This is a follow-up to my last blog titled Senior Housing in Florida – Sell or Stay?


Are you a senior considering selling your property to downsize or pay for long term care? Are you helping your parent with this decision? In an effort to continue to provide resources to our community, here are additional sites to help inform and assist seniors and their families when deciding to sell a home.

The majority of seniors will need to make a decision on “aging in place” or selling their property to downsize, moving to a retirement community or into assisted living. There are many resources to aid in this decision and to help our senior community make the decision that best fits their needs.

My previous blog, Senior Housing in Florida – Sell or Stay? included a comprehensive list of resources for seniors. Since then, I have had a few additional resources shared with me for seniors in our community preparing to take the next transactional steps in their housing.


Downsizing?

Oscar Hernandez, Outreach Coordinator with Retireguide.com shared their recently published step-by-step guide to downsizing for seniors or those working towards retirement. He stated, “Here we cover everything from finances and moving logistics to coping with the emotions that come from parting with a family home.” You can access their guide here:

https://www.retireguide.com/guides/downsizing-for-retirement


Selling to Pay for Senior Care?

Mary Williams, Community Outreach and Senior Advocate with Caring.com also provided a new resource that is a guide for seniors and their families who are selling a home to pay for senior care. You can access the information here:

https://www.payingforseniorcare.com/selling-a-home-to-pay-for-senior-care


Elder Affairs Florida also provides valuable resources on housing and other senior programs and assistance.

Elder Affairs Florida’s Mission Statement is

To promote the well-being, safety, and independence of Florida’s seniors, their families, and caregivers

Elder Affairs Florida’s Vision:

For all Floridians to live well and age well

Link:

Housing


As I have stated before, supporting our seniors should be a top priority. Seniors contribute so much to their communities. They shop, they use services (which employ people), and they pay taxes. They also volunteer; in fact, many organizations would be hard pressed to function without their older volunteers. Seniors also give generously: they make more charitable donations per capita than any other age group.


Please reach out to me or any of the resources listed in this article. We are here to guide you, provide referrals and help you through senior living decisions, wherever you decide to live comfortably.

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

Florida Real Estate Market Trends November 7, 2023

Fort Lauderdale October Area Report

How is the Fort Lauderdale Real Estate Market?

October 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

Homeowner November 5, 2023

Fall Back One Hour

It is time to Fall Back one hour!

This is a great time to remember to take care of these other items in your home.


Let’s start working together this holiday season!

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

Homeowner August 30, 2023

6 Home Security Tips Every Homeowner Should Know


Your home is a place you want to feel safe and secure from the outside world. Implementing simple security practices helps create a secure environment for your loved ones.

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

Florida Real Estate Market Trends August 11, 2023

Fort Lauderdale July Area Report

How is the Fort Lauderdale Real Estate Market?

July 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

 

 

 

Florida Real Estate Market Trends 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

 

 

 

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