REAL ESTATE NEWS

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[REAL ESTATE NEWS @RealtyNewz]

The house was valued at $3.4 million CAD or $2.5 million USD with an asking price of $2.6 million CAD or $1.9 million USD.

Because of the property’s condition, Volkov and Phipps could not get a traditional mortgage and had to opt for a private two-year... https://t.co/kt53bUy34e

[mitsuri @0xmitsurii]

Dana White: For entrepreneurs every day is a war.

[REAL ESTATE NEWS @RealtyNewz]

"Buyers signed 14 contracts between June 2 and June 8 for luxury properties in Palm Beach County, according to a market report authored by Douglas Elliman’s Eklund-Gomes team. The properties totaled $134.5 million in asking volume, and averaged..."
https://t.co/R8cLBoZT1r

[REAL ESTATE NEWS @RealtyNewz]

Listing of the Day

Location: Atlantic Beach, Florida

Price: $19 million
https://t.co/lrxe4xhEYk

[REAL ESTATE NEWS @RealtyNewz]

Many residents wanted to leave untouched one of South Florida’s last undeveloped parts of oceanside land. But the property owner asserted the right to build on the property, offering a scaled-down version of the residence while addressing environmental...
https://t.co/7NdSjebVIM

[REAL ESTATE NEWS @RealtyNewz]

"What's more frightening to me is that only 2 to 4% of homeowners actually have flood insurance," Serhant noted. "If you get it through the National Flood Insurance Program, it's $1,000 a year on top of all of your other costs. So it's a travesty."
https://t.co/UpcQi9UFt8

[REAL ESTATE NEWS @RealtyNewz]

Similarly, you’re still on the hook for homeowners association (HOA) fees if your home is destroyed. Blowing those off could eventually lead your HOA to foreclose on your home, causing the same credit score damage as a bank-driven foreclosure.
https://t.co/ya7FpgFAZm

[REAL ESTATE NEWS @RealtyNewz]

In fact, Tampa saw the sharpest cost increases in the nation, with dues jumping a whopping 17.2% year over year. Orlando was a close second, with median HOA fees rising 16.7%, and Fort Lauderdale had the third-highest increase, at 16.2%.
https://t.co/BuWFUpGhw9

[REAL ESTATE NEWS @RealtyNewz]

This wealthy heir was previously nominated as an ambassador by former President Donald Trump.
https://t.co/r6o1rtqHwI

[REAL ESTATE NEWS @RealtyNewz]

"Doral city officials approved the mixed-use development of 552 units across three 10-story buildings. Situated on the east side of Northwest 107th Avenue, between Northwest 86th and Northwest 90th streets, Doral Parc is to feature a mix of..."
https://t.co/bRef33DdTN

[REAL ESTATE NEWS @RealtyNewz]

To make matters worse, her home valuation nearly doubled, significantly increasing her property taxes. She said the new mortgage payments are almost $700 more a month and take up 50% of her income.
https://t.co/niTgYm7nb1

[REAL ESTATE NEWS @RealtyNewz]

Some of the things they did were restoring the frame, building a new subfloor, and installing steel wheel wells. They also added sheep's wool insulation, which they shared works great.
https://t.co/ZdvJAoncHR

[REAL ESTATE NEWS @RealtyNewz]

A new report says that in order to cover basic expenses in Florida, you need to make close to $47,000.
https://t.co/Ntgu0dKpiU

[REAL ESTATE NEWS @RealtyNewz]

She said the plan was to develop two to three homes. But there was a problem, which she said no one ever told her about.

The road used to get to the property is not public. That means, technically, they don’t have a way to access their own lot.
https://t.co/iCnQBKueso

[REAL ESTATE NEWS @RealtyNewz]

But after buying 175 of the Mission Viejo Condominium units — all of them except the Fellmans’ — the investor took over the governing association and voted to reduce to 80% the threshold of unit owners required to approve the termination, 👩🏽‍⚖️ records show
https://t.co/mhkmqaH8p5

[REAL ESTATE NEWS @RealtyNewz]

Edwin Castro won $2.04 billion Powerball in November 2022, becoming the largest lottery winner in 🇺🇲 history.
https://t.co/ZZHN0ngDHS

[REAL ESTATE NEWS @RealtyNewz]

After jumping to a 23-year high of 7.79% in October, the average rate on a 30-year mortgage has mostly hovered around 7% this year — more than double what it was just three years ago.
https://t.co/mCenzZbTEF

[REAL ESTATE NEWS @RealtyNewz]

More than 1 in 4 homeowners with mortgages are considered “cost-burdened,” according to a 2023 analysis by the Chamber of Commerce.
https://t.co/HAFDw9qs82

[REAL ESTATE NEWS @RealtyNewz]

The average for a 30-year fixed-mortgage is 6.85% today, down -0.02% compared to one week ago. The average rate for a 15-year fixed mortgage is 6.33%, which is an increase of 0.01% compared to a week ago.
https://t.co/D52Ch8T7n5

[REAL ESTATE NEWS @RealtyNewz]

Per an archaic HOA rule written in 1976, residents of The Meadows subdivision in Sarasota are banned from parking their vehicles at home between the hours of 11 p.m. and 5 a.m.
https://t.co/bgGas5XXuU