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Posted on 9/28/24 at 7:15 am to rrboy
quote:
Bidenomics is working.lol
Funny how all this shite started when Biden took office but they blame Trump for everything.
.
Biden / Harris / Pelosi / Obama
Posted on 9/28/24 at 7:26 am to Trevaylin
quote:
for the reading impaired, the HOA fee is driven off last years 950, 000 county appraisal
Bro...
Posted on 9/28/24 at 8:07 am to The Torch
quote:
Five years ago people were getting 20-30 offers a day on any listing.
with 1%-2% morage rates
Posted on 9/28/24 at 8:10 am to Trevaylin
It's almost as if you made every part of this up.
Posted on 9/28/24 at 9:41 am to Trevaylin
quote:
Property tax at 15000 Hoa fee at 13000
Where dis?
This post was edited on 9/28/24 at 9:43 am
Posted on 9/28/24 at 9:53 am to The Torch
taxes are killing them or something else,,,,,,, The moral of the story is that a 50 % price drop may look great, but the components of taxes, insurance, Hoa, and other monthly housing cost do not automatically drop also. The unaware may be purchasing a million dollar house for 500 thousand and wind up with monthly expenses that exceed their income capability
Posted on 9/28/24 at 10:09 am to lsufan1971
quote:
unless you’re in a gated community that provides 24/7 armed top notch security that’s stupid.
I've only seen HOA fees that high in beachfront condo communities
Certainly not for single family homes
Posted on 9/28/24 at 10:18 am to LSUtoBOOT
quote:
It would be interesting to see this graph without California, New York and Hawaii
Am I the only one who can use Google?
Posted on 9/28/24 at 10:18 am to Trevaylin
quote:
Hoa fee at 13000
Mine is 400 bucks a year. I can't imagine paying a grand a month to live on a lot somewhere.
Posted on 9/28/24 at 10:21 am to Trevaylin
quote:
Property tax at 15000
Hoa fee at 13000
Insurance fee 11000
Mortgage inters 24000
I'm fresh out of college and even I know that your numbers are wrong
Posted on 9/28/24 at 10:38 am to DCtiger1
quote:
Never seen HOA fees based on the value of the home. That’s horse shite
Single family homes, no. Condos, which are also homes, are typically based on square footage (which is correlated to value/price). Larger condo, higher HOA fee.
Posted on 9/28/24 at 10:58 am to LSUtoBOOT
Be nice to see it tied in to the number of homes sold. The average house price could stay close, but if one graph deals with 1,000,000 sales and the other 200,000 sales, it would be important.
Posted on 9/28/24 at 8:48 pm to Trevaylin
quote:
Trevaylin
Give us the redfin/zillow link or you made all this shite up.
Posted on 9/29/24 at 11:51 am to Longhorn Actual
quote:
Single family homes, no. Condos, which are also homes, are typically based on square footage (which is correlated to value/price). Larger condo, higher HOA fee.
You are confusing the condo association fee with a HOA fee. They are two different things. You are correct that often (but not always) condo association fees are based on square footage.
Posted on 9/29/24 at 3:52 pm to Trevaylin
quote:Those sound like the $980K versions ... or worse. e.g., HOA is flatout bullshite
Property tax at 15000
Hoa fee at 13000
Insurance fee 11000
Mortgage inters 24000
Posted on 9/29/24 at 9:40 pm to Boss
quote:
522k and the house around the block in same hood just sold for 1.055k
If you aren't selling your house, then this screws you. You are still in the same house but now paying a lot more in property taxes and insurance.
Colorado just got hit with property tax bills from Covid sales, not good. A lot of homes around me going up for sale, wondering if the higher ownership cost finally pushed em out.
I bought my house in 2011 and my mortgage payment with escrow has gone up almost 40% due to taxes and insurance increases.
Posted on 9/30/24 at 7:14 am to SloaneRanger
I'm well aware of the difference between COAs and HOAs.
Not all condo owners have a shared ownership interest in common areas, which is typically what drives the difference.
Some (most) do, of course, but I personally know 4 condo owners who are under an HOA structure because they own their individual unit only and the common areas are owned by the developer. Their HOA fees are square footage based and cover the typical HOA items (full use of common areas/facilities, landscaping, maintenance, etc.).
Not all condo owners have a shared ownership interest in common areas, which is typically what drives the difference.
Some (most) do, of course, but I personally know 4 condo owners who are under an HOA structure because they own their individual unit only and the common areas are owned by the developer. Their HOA fees are square footage based and cover the typical HOA items (full use of common areas/facilities, landscaping, maintenance, etc.).
This post was edited on 9/30/24 at 7:15 am
Posted on 9/30/24 at 7:21 am to Trevaylin
Where is this at?
15k Property tax?
13k for HOA? This is really high end hood if you are paying that.
Property tax will be on what the sale price is. At least initiall.
15k Property tax?
13k for HOA? This is really high end hood if you are paying that.
Property tax will be on what the sale price is. At least initiall.
Posted on 9/30/24 at 10:51 am to Trevaylin
quote:lol wut
Hoa fee at 13000
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