Q&A: Can Condo Board Discuss Fee Increase with New Residents?
The seller should disclose pending increases, but may be unaware. Ensure this info is being shared with residents, and only share the same info with applicants.
Fla.’s Housing Market: Median Prices, Cash Sales Up in 3Q
Florida Realtors’ data: Higher median prices – up 18.4% for single-family homes to $355,000; up 18.6% to $254,900 for condos – than 3Q 2020. Condo-townhouse sales up 13%, though single-family home sales were down slightly (-1.1%), at least in part due to tight inventory.
Homes Sell at Fast Pace for 8th Month in a Row in Oct.
Realtor.com: Homes sold in the 50 biggest U.S. metros at an average of 39 days. Miami (No. 1), Jacksonville (3) and Orlando (4) were in the top 5 fastest-selling metros.
RE Q&A: How Can Condo Board Discuss Fee Increase with New Residents?
The seller should disclose pending increases, but may be unaware. Ensure this info is being shared with residents, and only share the same info with applicants.
Real Estate TikTok Ads: A How-to Guide
Stastica: 43% of TikTok users are age 30 and older, a good demographic for home buyers. Benefits of TikTok ads include higher conversions and more website visitors.
Buyers Also Face Competition from Investors
The share of investors is at the highest level since 2015, says realtor.com®. Investors are most targeting the Midwest and Sun Belt, where rental prices are climbing.
CoreLogic: Home Prices Surge Another 18% Annually in Sept.
CoreLogic’s latest report notes high buyer demand amid a supply shortage. From Aug. to Sept., home prices rose 1.1% to reach a new high, but they may soon moderate.