The latest news about local real estate by Ray Shay, Co-Owner of Shay Realtors and a licensed Broker Associate with RE/MAX Ranch and Beach.
4S Ranch HOA Lawsuit...
If
you own an attached condominium in 4S Ranch and you are thinking of
selling it anytime in the next year or so, you may have a serious
problem. Two recent condo sales, one in Ravannah and the second in St.
Moritz got the thumbs down from Federal Regulators who insure home loans
because the 4S Ranch HOA has a lawsuit against the builder/developer of
4S Ranch. Give us a call for more details.
The
biggest problem is no one seems to know how much the HOA or Newland are
on the hook for to correct the problem. With no amount known and so
many lawyers in the hunt it is a recipe for a real problem....
Local Market Update
Values
are increasing and market time is decreasing. Warren Buffett again
showed how smart he is when he recommended about a year ago to buy as
many single family homes as you can. Investors and first time home
buyers are definitely buying up inventory. If you want to know the
value of your property give us a call.
In
the attached report, which is updated weekly, is prepared exclusively
for Shay Realtors. You will find easy-to-read graphs with statistics,
and valuable information broken down into bite-size pieces about current
market trends specifically for our zip code.
