You're responsible for maintaining your individual unit, but common area maintenance is covered by your homeowners association (HOA) fee. When you buy a condo, you join a homeowners association and have to pay dues every month. When you first buy a condo, you'll be looped in to what your HOA fees look like so you can make sure they fit into your budget.
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In today’s flaming hot real estate market, even a fickle decision can prove profitable. Just take Hollywood actor Sean Murray, who over the summer paid about $4.8 million for a nearly-new Los Angeles mansion in the city’s Tarzana suburb. But only a month later — practically before the ink on the deed had dried — […]
- American City Business Journals
Howard Hughes Corp., which is known across the country for its major master-planned communities, has paid $600 million for Douglas Ranch, a 37,000-acre master-planned community in Buckeye. Here's what Jerry Colangelo and Mike Ingram — the sellers — have to say about it.
For the first time since the start of the pandemic, rents are increasing in every major metropolitan area nationwide, according to one report.
The company blamed a relatable problem for anyone who has tried to buy or sell a house in the US during the pandemic.
'Both parents still live in it, but one requires a full time caretaker. As far as bank accounts go, they are all set up with joint owners and beneficiaries.'
- LA Times
The Southern California housing market is hot, but cooling. Home prices rose nearly 13% in September — the smallest jump since January.
The posh pad, located in the neighborhood of Nolita, boasts three bedrooms, plus a media room, fitness room, and six-and-a-half bathrooms
The newest cage-match venue for young'uns and old folks: that piece of property down the street that's for sale. Driving the news: Elbowed out by Americans 60 years and older, young people are making up a smaller share of recent homebuyers than in previous years, per a new Zillow analysis.Because baby boomers are more likely to be homeowners who can use money from the sale of their current home to buy their next one, they have a built-in advantage in a bidding war against younger buyers, who are
(Bloomberg) -- China’s housing market slump has intensified in recent weeks as sales plunge and more developers default on their debt. Now the downturn has reached another milestone: home prices have begun falling for the first time in six years.Most Read from BloombergGoogle’s Biggest Moonshot Is Its Search for a Carbon-Free FutureA $30 Billion Fortune Is Hiding in China’s Silicon ValleyGoogle’s CEO: ‘We’re Losing Time’ in the Climate FightBeef Industry Tries to Erase Its Emissions With Fuzzy M
U.S. home builders started construction on homes at a seasonally-adjusted annual rate of 1.56 million in September, representing a 1.6% decrease from the previous month, the U.S. Census Bureau reported Tuesday. Compared with September 2020, housing starts were up 7.4%. The pace of permitting for new housing units also dropped in September.
- Motley Fool
In July, home prices were up 19.7% from the previous July. When you buy a condo or townhouse, you own a specific unit within a larger building or complex. You're responsible for maintaining your own unit, but exterior maintenance is generally covered by the homeowners association fees you pay every month.
From getting approved for a mortgage to paying for unexpected repairs, the home-buying process can be a complex, borderline overwhelming process the first time. Given the increasingly competitive...
- Motley Fool
It's no secret that property values have risen on a national level over the past year. In August, home prices rose 18.1% from the previous year, according to the CoreLogic Home Price Index. A big reason why home prices are so inflated is that inventory has been seriously lacking across the housing market.
The average new home price in 70 major Chinese cities was unchanged in September month-on-month, compared with 0.2% growth in August, according to Reuters calculations based on data released by the National Bureau of Statistics (NBS) on Wednesday. The data showed 27 cities reported month-on-month gains, compared with 46 in August, the lowest since February 2020 at the height of China's COVID-19 outbreak. In September, some cities intensified their campaigns to drive speculators out of the property market.
If you're thinking of purchasing a home with a Federal Housing Administration (FHA) loan, your property must meet several minimum property standards.
- Hartford Courant
Home sales in greater Hartford aren’t getting the expected bump up so far this fall, a new report showed Tuesday. The number of single-family houses up for sale plunged nearly 30% in September and sales fell, as buyers appeared more wary of fewer choices and higher prices. The report from the Greater Hartford Association of Realtors, an industry group, also suggested there won’t be a lot of ...
- American City Business Journals
A business park near The Florida Mall that originally was a built-to-suit office for defense contracting giant Lockheed Martin Corp. has sold through the Ten-X auction platform. The five-building, 318,516-square-foot complex at 5915 S. Rio Grande Ave. was sold via the online auction platform Ten-X. The seller was represented by Avison Young’s Florida Capital Markets Group, representing a joint effort between the firm's Orlando and South Florida offices, according to a new release.
Company officials blamed labor and supply constraints for the halt in 'iBuyer" operations, and said Zillow would focus on buyers under contract before making new offers for homes.
Perhaps nothing inspires home renovation or remodeling ideas more quickly than having to prepare a house for sale. However, it can be confusing to know which renovations are worth the time and money,...
Housing starts and permits fell in September as builders continued to contend with materials and labor shortages.