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Older Americans are ‘splurging’ on home modifications to support aging in place

Housing Wire

One profiled couple in California hired an interior designer for $20,000, and spent another $95,000 on home modifications designed to more easily accommodate natural limitations to mobility that come from aging. This means that renovations of existing homes are likely to become more necessary as time goes on.

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AARP reveals proposals for national plan on aging

Housing Wire

The plan prioritizes accessible housing principles through both construction and renovation under age-friendly standards, citing a need illustrated by a Harvard University Joint Center for Housing Studies (JCHS) report detailing how only 1% of U.S.

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Reverse mortgage originator: real estate CE helps close more purchase loans

Housing Wire

Mangus then worked to build the dedicated reverse mortgage department at his new company from scratch and has found a notable degree of success by building Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business through the use of continuing education (CE) classes designed for licensed real estate agents. he says.

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In wake of scandal, LOs say continuing education programs get failing grade?

Housing Wire

John Jeha, an LO at Stonecastle Mortgage who also works as a CE instructor, said that after new regulations were introduced in 2011, it took about five years for them to be fully implemented and that educators were happy to “flesh it out and instruct the loan officers.”. Cutting class.

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SFR, fix-and-flip sectors are in a ‘bit of a malaise’

Housing Wire

Fix-and-flip investors — who tend to be smaller entrepreneurial players — acquire, renovate and then sell existing single-family homes — and, in some cases, hold them for rent for a time, depending on market conditions. In June, the report states that this group “accounted for 47% of investor purchases, the highest level since 2011.”

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44 New Home Improvement and Renovation Statistics for 2022

Raleigh Realty

If you’re considering a home renovation, you might be looking for some insight on what other homeowners are doing. That’s why we’re rounding out some top home renovation statistics so you know what to expect from your next home improvement project. By the end of 2021, it reached $1,245.4

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GSE Appraisal Reports Online

Appraisal Today

The legendary property is owned by energy trader Michael Whalen, who gave the place a massive renovation after buying it in 2010 for $2.1 acre lot, built in 1991 The first residence drafted by world-renowned designer Eric Owen Moss is up for grabs in L.A.—with The name also leans into the home’s one-of-a-kind design.