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.
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.
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.
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.
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.
Federal Reserve Economic Overview: Things Look Pretty Good
The Fed considers economic risks in its stability report – what could upend a solid, growing economy? Overall, it finds less to worry about than it did a year ago. However, it’s keeping an eye on COVID-19 breakouts, and it sees some risk in rising home and stock prices.
Lowe’s App Will Measure, Plan Improvement Projects
Soon, mobile devices with LiDAR Scanners (newer Apple products) can measure interior space, explore potential updates and schedule work. Flooring will be offered first.
Owners in a Gated Community Can’t Access Gate Records
On July 1, 2021, a new category of HOA records was added to the “not available to members” list – the names of visiting guests recorded by gated communities.
Zillow Inventory: 9.8K Homes Owned, 8.2K Under Contract
The 18K homes Zillow owns or will own under its cancelled iBuyer program will be sold, though the WSJ says many may be sold directly to single-family rental firms.
Top Retirement Money Move Can Save $200K Over 10 Years
Study: A 20-city analysis found that downsizing to a smaller home can save retirees almost $200K over 10 years, assuming adult children have left the nest.