Appraisal Buzz
MAY 6, 2024
And in some condominium markets in Florida, home values are taking a hit as insurance premiums skyrocket. Couple that with the new Florida regulation requiring HOAs to maintain reserve funds for future expenses related to maintenance and inspections, and it’s no surprise that HOA dues are soaring.
Eppraisal
MARCH 26, 2024
Homeowners associations (HOAs) come with pros and cons. HOAs can retain the value of a home because the surrounding neighborhood must meet certain standards. HOAs can retain the value of a home because the surrounding neighborhood must meet certain standards.
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Housing Wire
APRIL 4, 2024
And the property itself did not come up on my agents’ MLS search for me because the monthly HOA fee was a few dollars more per month than what he had set as the max on the search. Because if someone looks at their home value every month, it may not necessarily mean a whole lot that they looked at it again this month.
Lamacchia Realty
FEBRUARY 27, 2024
What does this mean for Buyers ? More inventory translates to more options for buyers as well as potentially less competition and a stabilization or eventual reduction in home prices! As such, buyer affordability is still diminished due to mortgage rates and increasing home prices. What’s next?
Quicken Loans
APRIL 6, 2021
But, these days, an increasing number of home buyers are forgoing the detached, single-family home in favor of the more community-minded style of living that condos and townhouses provide. Some HOAs also have a set of guidelines that homeowners must follow to protect the look and feel of the neighborhood.
Lamacchia Realty
MARCH 28, 2023
Home sales are also down significantly for condos and townhome in all three counties, but unlike single family homes, there are more condos/townhomes being listed than pending. However, there are serious buyers in the market looking to purchase a home, even more so in Florida as the market is still attractive to out-of-state buyers.
D Fritz Appraisals
MARCH 16, 2021
Copies of any previous appraisals – this can help the appraiser see how the value has changed over the years. HOA documents – if you live in an HOA neighbourhood, the appraiser will need to see the costs, regular maintenance schedule, history of fee increases, etc. This will help ensure a fair market value.
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