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
SL 3535792
As 2024 approaches, consider boosting your home’s value with strategic improvements. Whether for resale or personal enjoyment, these projects can make a significant impact. 
Annette Dammeyer, REALTOR®Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
808.747.3686
SL 3535792
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.
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
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:
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
SL 3535792
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
SL 3535792
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
SL 3535792
Here we are in the middle of 2023 and home prices are still high, mortgage rates are still fluctuating and we still need an increase in inventory of homes for sale. This had led to widespread issues with housing affordability. Fortunately, there are many financing options when you’re buying a home, like ARMs, down-payment assistance programs and paying down points. Another option is a Rate Reduce Temporary Buydown program.
TEMPORARY BUYDOWN DEFINITION
A Temporary Buydown reduces your interest rate on your mortgage for the first year or two of your loan. The seller can contribute to your loan to lower the rate during the initial period, and then payments go back up after that initial period is over. The most common is called a 2-1 buydown.
HOW RATE REDUCE WORKS
In order to get a Temporary Buydown through Rate Reduce, the seller of the home has to offer to fund it (this is where the REALTORS can work magic and help negotiate this option). In the case of new construction, the builder can offer to fund the buydown. It needs to be included in the purchase contract as a seller concession. The amount of money that the seller or builder is pre-paying for the buydown, normally called the concession, is paid during closing and kept in an escrow account.
I can work with you to negotiate the details between all the parties. The amount paid by the seller or builder depends on the price of the home and the length of the program and is usually calculated as a percentage of the purchase price.
Here is an example of the breakdown on a Win-Win Scenario:
You’re probably asking yourself, why would a seller offer to pay to help you get charged less on your mortgage? Well, it depends on the conditions in the local housing market. If a seller needs to sell, but there aren’t enough buyers able to afford the monthly payments on the house due to current mortgage rates, a Temporary Buydown can help close the deal.
In addition, it’s a great alternative to cutting the asking price of the home. This way, a seller can help make the buyer’s monthly budget work while still getting a full price offer. Funding a buydown contribution could potentially be less costly than what they would have taken off the price of the home.
The benefits to a buyer are pretty apparent:
It’s important to remember that a Temporary Buydown is just that—temporary. After a year, the monthly expenses go up, and again the year after that for homeowners with a buydown option.
There are multiple Temporary Buydown options. Contact me today for more information. I can also connect you to one of the top mortgage lending professionals in Florida, Tony Gemmell, VP of Mortgage Lending, Guaranteed Rate Affinity, for additional information and qualifications on your mortgage options.
Let’s get that property SOLD! I am here to help every step of the way.
Annette Dammeyer, REALTOR®
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
808.747.3686
SL 3535792
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.
Annette Dammeyer, REALTOR
Coldwell Banker Realty
808.747.3686
SL 3535792
The RealVitalize® program provides home sellers with home improvement resources during
the listing period, with no upfront costs or interest fees. The Before and After changes can sell your property!
Non-structural projects can be completed with RealVitalize®. This includes renovations or just the final touch-up services that makes a home show-ready. Examples of frequently requested services include:
• Staging
• Landscaping
• Carpeting and Flooring
• Cleaning
• Moving and Storage*
• Painting
• Room Renovations
• Plumbing
• Electrical Repairs
* Up to 3 months of storage is available. Domestic moving in the United States is covered.
All transactions must be completed before closing.
Services that are not included with RealVitalize® are projects deemed structural. These are
remodels that affect the overall square footage or integrity of the home, including:
• Building new walls or tearing down existing walls
• Building an addition to a home
• Adding an entirely new roof
• Digging an in-ground pool
This exciting program can help you make small changes that make a big impact to your home’s selling price. Whether it’s a fresh coat of paint or renovating your kitchen, we can help you boost your sale price. There’s no hidden fees or interest—and you don’t have to pay until your property sells. Contact me today to learn more about the RealVitalize® program.
If you are ready to sell your home, but need to spruce it up first, please contact me and I will happily provide you with more information on RealVitalize®, Coldwell Banker’s fantastic program for sellers. I am here to help!
Annette Dammeyer, REALTOR® ABR® AHWD®
Coldwell Banker Realty
901 E Las Olas Blvd Ste 101
Fort Lauderdale, FL 33301
808.747.3686
SL 3535792
© 2026 Coldwell Banker Real Estate LLC
The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. Affiliated real estate agents are independent contractor sales associates, not employees. ©2025 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logos are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.
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