Florida Real Estate Market Trends August 8, 2022

Fort Lauderdale Area Report

July Real Estate Results Have Been Released

Here are the real estate market statistics for the Fort Lauderdale area.

REPORT

 

https://mce.cbprospectsquare.com/mce/prj/cwb/history/MT/2022-07/MT_150497_29051935_1588915_114816.htm

 

As always, please contact me if you would like to be automatically sent updated area market reports of Fort Lauderdale, or another SE Florida city. I am here to help.

Let’s start working together!

Annette Dammeyer, REALTOR

Coldwell Banker Realty

808.747.3686

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792

Home Buyers July 14, 2022

You have decided to buy a home, now what? Steps to becoming a home owner…

Congratulations on taking the first step to becoming a Home Owner! 

Being a home owner comes with benefits.

  • You can pay your own mortgage, not your landlords.
  • Stable home costs
  • An appreciating investment
  • Opportunity to build equity
  • Tax advantages
  • Freedom to personalize
  • Longer term stability

The home buying process may seem intimidating at first, especially if you are a first-time home buyer. Here is where the professionals can step in to help you through every step of the process. 


It all starts with the Pre-Approval Process. 


Be prepared to meet with a lender.


Let the fun begin! What are you looking for in a property? What are your “Wants vs. Needs”?


You found the one, let’s make an offer!


If you would like more buyer information, just contact me and I will email you a free complete Buyer’s Guide with in-depth information and resources to help guide you home. I am always just a phone call, text or email away if you have a specific question or would like to set up an appointment to discuss your real estate plans.

 

Contact me today to get started!

Annette Dammeyer, REALTOR

Coldwell Banker Realty

808.747.3686

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792

Home Sellers and BuyersHomeowner July 8, 2022

Neighborhood News At the Tip of Your Finger!

Neighborhood News 

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:

 

→→→    Neighborhood News Link    ←←←

 

  • Enter your contact and desired zip for an updated list of properties in real time from the MLS along with local market trends
  • Enjoy reviewing the listings in that area and staying on top of the local market trends
  • Contact Me for any questions or further information you would like to request

Please contact me for any questions or assistance you may need, I am here to help.

Annette Dammeyer, REALTOR

Coldwell Banker Realty

808.747.3686

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792

Real Estate Investors June 28, 2022

What is a 1031 Exchange? FAQ’s and Information on How to Defer Your Capital Gains Tax

What is a 1031 Exchange?

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.

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.
Annette Dammeyer, REALTOR
808.747.3686
Annette.Dammeyer@cbrealty.com
SL3535792
Florida Real Estate Market Trends June 15, 2022

Sea It. Live It. Love It. ~ Dania Beach, FL Area Market Report

Dania Beach – What’s Not to Love?

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:

https://mce.cbprospectsquare.com/mce/prj/cwb/history/MT/2022-05/MT_150497_29051935_1554778_080320.htm

 

Please contact me if you would like more information on real estate in Dania Beach or another SE Florida area. I am here to help!

AnnetteDammeyer.com

Annette.Dammeyer@cbrealty.com

808.747.3686

Home Buyers June 3, 2022

Exciting News!! Florida’s Hometown Heroes Program Started June 1st!

What is it?

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. 

Your local trusted Sunshine State REALTOR,

Annette Dammeyer


Contact me today to get started!

Annette Dammeyer, REALTOR

Coldwell Banker Realty

808.747.3686

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792

Market Report May 31, 2022

Rio Vista Community – Market Report

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:

https://mce.cbprospectsquare.com/mce/prj/cwb/history/pip1/20220531/pip_150497_4345312_073405.htm

As always, please feel free to contact me with any of your real estate needs. I am here to help.