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HOA Tag

June 24, 2024

Buying, Selling

Housing Market Forecast: What’s Ahead for the 2nd Half of 2024

From our friends at the kcm blog As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales. Home Prices Are Expected To Climb Moderately Home prices are forecasted to rise at a more normal pace. The graph below shows the latest forecasts from seven of the most trusted sources in the industry: The reason for continued appreciation? The supply of homes for sale. Jessica Lautz, Deputy Chief Economist at the National Association of Realtors (NAR), explains: “One thing that seems to be pretty solid is that home prices are going to continue to go up, and the reason is that we don’t have housing inventory.” While inventory is...

by Jenn Pfeiffer

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January 30, 2024

Living

What Are HOA Fees—and What Do They Actually Pay For?

Curious about homeowners association fees? Here’s how HOA fees are collected and used. By Kristine Gill | Better Homes There are two major components to a homeowners association (HOA). The first is that the organization oversees a set of rules particular to the residential community. The second component is the associated fee required for living in the community and how the HOA fees benefit the homeowners. “An HOA fee is typically structured per community to enforce rules and regulations so it can set the covenants, conditions, and restrictions,” says Donna Soda, Realtor and global real estate advisor. “The idea is to maintain the community in a beautiful manner.” DEFINITION: What is a homeowners association? A homeowners...

by Jenn Pfeiffer

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HOA Tag

Housing Market Forecast: What’s Ahead for the 2nd Half of 2024

What Are HOA Fees—and What Do They Actually Pay For?

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HOA Tag

Housing Market Forecast: What’s Ahead for the 2nd Half of 2024

What Are HOA Fees—and What Do They Actually Pay For?

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