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6.5% Previous twelve months Market temp Depending on 3 metrics—sale-to-listing rate ratio, the prevalence of cost cuts on home listings, and time-on-current market—the industry temperature offers information on The existing equilibrium of bargaining power amongst potential buyers and sellers in this neighborhood relative to other neighborhoods in precisely the same metropolitan space.
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Co-ops also have regular monthly service fees (Typical Fees and Routine maintenance Charges), which can also involve property taxes plus a percentage of the setting up’s underlying mortgage.