Housing Wire

NOVEMBER 4, 2024

Although I was certainly nervous about the process, I knew I was far better prepared — and had far more resources and industry experts available for consultation — than most first-time buyers. Lamacchia Realty is using its own buyer representation agreements , and I found the form straightforward and easy to understand.

Agents 435

Agents Inspection Real Estate Sellers 435

Housing Wire

DECEMBER 6, 2024

Building on existing relationships is the quickest and easiest way to keep your pipeline filled with active buyers and sellers, so you dont have to worry about dry spells. Your newsletter content should be a mix market updates, buyer and seller advice, community news and events, and storytelling.

Real Estate 396

Real Estate Clients Tools Sellers 396

Housing Wire

JUNE 10, 2021

According to Zillow and Thumbtack’s Hidden Costs of Selling Analysis , the average homeowner spends over $15,000 in “hidden costs” to sell their home. . From staging fees, home improvements, repairs and seller concessions, there are several hidden costs involved in the selling process. Staging Costs.

Sellers 546

Sellers Real Estate Agent Real Estate Decorating 546

Housing Wire

MAY 28, 2021

According to a study conducted by Buildword , 53% of buyers who purchased a fixer-upper exceeded their budget, compared to 15% of buyers who purchased a turnkey home. Keep reading to learn whether a turnkey home or fixer-upper is the right option for you: More for Real Estate Enthusiasts. Buying a house that needs work?

Renovations 508

Renovations Home Improvement Real Estate Agent Real Estate 508

Appraisal Buzz

DECEMBER 30, 2021

Facing stiff competition from homebuyers eager to get into their first house, more homeowners are taking an interest in do-it-yourself projects to fix or upgrade their home instead of trying to find something new. The post Survey: 1 in 4 Severely Underestimate This Home Improvement Cost appeared first on Appraisal Buzz.

Home Improvement 195

Home Improvement Buyers Appraisal 195

Housing Wire

MAY 7, 2021

In the past year, there’s been an upturn in home improvement projects. According to a survey completed by Bid-On-Equipment, 89% of American homeowners made some sort of improvement to their homes during the pandemic. With so many American’s spending time at home, this really shouldn’t come as a surprise.

Home Value 468

Home Value Home Improvement Modernization Buyers 468

Housing Wire

AUGUST 14, 2024

These offers can include providing sellers an immediate cash offer, upfront loans for home improvements, and giving special incentives to essential workers such as police officers, nurses and teachers. This shows the prospective buyer a vision of the home being more than walls, carpet and a roof.

Real Estate Agent 435

Real Estate Agent Home Improvement Brokerage Valuation 435

Appraisal Buzz

JUNE 25, 2024

Nonetheless, first-time homeowners are taking the procedure seriously, probably as a result of the high cost of homes in the current economic climate. Respondents’ level of satisfaction with homeownership rose over time, in spite of the unforeseen expenses they encountered as first-time buyers.

Home Improvement 370

Home Improvement Buyers Renovations Inspection 370

Appraisal Buzz

SEPTEMBER 19, 2024

Existing home sales were likely little changed in August,” said Danielle Hale, Chief Economist at Realtor.com. Although home buyers had more for-sale homes to choose from and increased buying power from easing mortgage rates, it seems that many are waiting for additional improvements. Sales decreased 4.2%

Inventory 418

Inventory Buyers Home Improvement Realtors 418

Eyes on Housing

JULY 27, 2023

Increased levels of new home construction and sales are leading some buyers to expect the home search to get easier in the months ahead.

Home Improvement 147

Home Improvement Construction Buyers 147

Housing Wire

AUGUST 5, 2020

According to UWM, a homeowner or buyer must have a FICO score of at least 640. For example, the rate is not for cash-out loans for debt consolidation or home improvements. (We reached out to Quicken, Parkside and Stearns for comment with no response). He pointed out that there are restrictions.

Mortgage 528

Mortgage Loan Officers Lending Advertising 528

Housing Wire

MARCH 6, 2024

Should mortgage rates fall, demand for residential real estate would increase, encouraging buyers who had been waiting on the sideline to move forward with home purchases,” according to the Beige Book. Boston: Residential Realtors expressed growing optimism as both property listings and pending home sales increased.

Mortgage 448

Mortgage Real Estate Inventory Construction 448

Housing Wire

MARCH 22, 2023

Lenders are looking for competitive solutions to help borrowers manage their total monthly payment so they can still get into the home of their dreams. While some elements of PITI are set, others offer buyers opportunity. Often left to the last minute, insurance can push a buyer’s monthly payment beyond their limit.

Insurance 435

Insurance Property Taxes Buyers Clients 435

Appraisal Buzz

OCTOBER 2, 2024

Nearly three-fourths of homeowners are hoping to move, but due to the current market conditions, many are putting their plans on hold, creating a backlog of buyers. Only 11% of homeowners are looking to access home equity, and 8% feel their current home is too expensive.

Renovations 370

Renovations Housing Market Home Improvement Inventory 370

Padove Appraisal Service

JANUARY 14, 2018

I am often asked which home improvements “count” towards the appraised value of a house. Many people envision a list of improved items with predetermined relevancy, along with a specific dollar value assigned to each of those items. The post Home Improvements: What counts towards the appraisal? it all counts!

Home Improvement 78

Home Improvement Appraisal Construction Renovations 78

Housing Wire

APRIL 24, 2023

The program helped a generation of Americans purchase their first home, however, due to a government policy known as “red-lining,” banks were effectively prohibited from issuing FHA-insured loans in neighborhoods that were predominantly Black or Hispanic. Lower homeownership rates mean there will be fewer buyers.

Legal 396

Legal Housing Market Government Buyers 396

Cleveland Appraisal Blog

DECEMBER 24, 2022

What to Expect When Undertaking These 4 Common Home Renovation Projects. When home improvement gives way to major renovations, the implications can be more impactful than you might realize. Familiarizing yourself with these renovations will give you a great start in mapping out your home improvement strategy.

Renovations 303

Renovations Appraisal Home Improvement Buyers 303

Housing Wire

DECEMBER 29, 2023

So my concern is that rates are going to come down but inventory is not going to just all of a sudden be plentiful and now we’re in a situation where home prices get driven up because there is still low inventory. So to me, it’s still a big first-time buyer market in 2024. If people got rates of 7% and 7.5%

Mortgage 476

Mortgage Loan Officers Inventory Business 476

Cleveland Appraisal Blog

OCTOBER 22, 2021

He originally wrote an article for the Cleveland Appraisal Blog, back in July, entitled “4 Home Repairs You Need to Hand Over to a Professional” I hope you find his new article to be helpful! High-Impact Home Upgrades for Any Budget. Making a few upgrades around the home can be surprisingly affordable!

Home Improvement 221

Home Improvement Appraisal Renovations Modernization 221

Boston Appraisal

NOVEMBER 9, 2023

The effect that home improvements have on an appraisal can vary depending on the type of improvement, the quality of the work, and the local real estate market. What are some common home improvements that can increase appraisal values? What are some common home improvements that can increase appraisal values?

Home Improvement 78

Home Improvement Appraisal Renovations Real Estate 78

Housing Wire

JULY 1, 2021

That’s partly why people are spending significant time, energy and money on home renovation projects these days. It’s no secret that home improvements can be a costly endeavor. If you’re looking to increase the value of your home or prepare it for resale, certain renovations may take its appeal to the next level.

Renovations 448

Renovations Valuation Appraisal Investing 448

Housing Wire

AUGUST 4, 2023

The ongoing shortage of housing inventory helped spur an increase in home building and home improvement activity, Kan said. Hale expects more “coping strategies” on the buyer’s end, such as moving further away to find affordability. However, climbing mortgage rates remain a substantial obstacle for homebuyers.

Marketing 366

Marketing Construction Renovations Home Improvement 366

Cleveland Appraisal Blog

APRIL 29, 2021

That does not cost a lot and it instantly “lifts” the appearance of your home. It also makes it more likely that appraisers and buyers overlook or do not notice previous damage. If there is something I’ve learned, especially this year, it’s that outdoor space is critical for buyers and for the overall value of the house.

Appraisal 249

Appraisal Investing Renovations Buyers 249

Housing Wire

JULY 6, 2023

The Leading Indicator of Remodeling Activity, or LIRA, a measure developed by Joint Center for Housing Studies at Harvard University , seems to support Mohan’s assessment, showing that year over year “expenditures for home improvements and maintenance will post a modest decline of 2.8% through the first quarter of 2024.”

Inventory 488

Inventory Renovations Real Estate Government 488

Eppraisal

NOVEMBER 21, 2023

While personal enjoyment is undoubtedly a priority, the return on investment (ROI) becomes a crucial factor, especially for those considering selling their homes in the future. Here, we delve into the top five home improvements that not only elevate your living experience but also promise substantial returns when it's time to sell.

Home Improvement 68

Home Improvement Home Value Modernization Investing 68

Housing Wire

AUGUST 14, 2023

However, for some, higher interest rates can bring home prices down just enough to account for the added cost of a higher interest rate. In some scenarios, if a prospective buyer can carry a more expensive rate, they may secure a home at a lower price, and then aim to refinance when rates have improved.

Real Estate Agent 368

Real Estate Agent Real Estate Clients Agents 368

Lamacchia Realty

MARCH 11, 2022

Whether you’re sprucing up your house , or prepping your home for sale, these projects can be done by anyone on a weekend! Buyer Resources. The post Home Improvement DIYs to Tackle in a Weekend appeared first on Lamacchia Realty. Additional Resources. April 8, 2021. Read More ». Seller Resources. April 8, 2021.

Home Improvement 74

Home Improvement Decorating Design Realty 74

Housing Wire

FEBRUARY 14, 2023

Originators are using them to help lower-income borrowers get into homes. There is still evidence that higher LTV loans with Private Mortgage Insurance are attractive to buyers who don’t have much money saved up for a down payment. Low down payment programs are also rising in popularity.

Modernization 370

Modernization Insurance Investors Tools 370

Lamacchia Realty

SEPTEMBER 5, 2024

THE NEW HOME BUYERS’ HOME INSURANCE CHECKLIST Buying your first home can be both an exciting and a daunting experience. The condition of your home: The age of your home, whether it’s had recent home improvements, and whether you have a security system in place are all factors that can impact insurance rates.

Insurance 74

Insurance Buyers Housing Inspector Realty 74

Cleveland Appraisal Blog

DECEMBER 19, 2021

The situation meant that people were spending far more time in their Cleveland homes. If you want to move forward with home improvements during the pandemic, here are some options that can breathe new life into your house. Stagnant air can make any home feel stale. Begin with Air Quality.

Appraisal 195

Appraisal Home Improvement Design Modernization 195

Housing Wire

AUGUST 25, 2022

It comes at a time in which the housing market favors buyers and seller concessions become more frequent. The new products complement UWM’s “Game On” initiative , a cut-rate pricing strategy devised to grow market share with purchase buyers.

Mortgage 418

Mortgage Loan Officers Finance Investors 418

Cornerstone

DECEMBER 11, 2024

Reading Time: 2 minutes Looking to make smart investments in your home that will pay off in the long run? Here are five key areas where your money can work harder for you, modernizing your living space, reducing costs, and attracting future buyers down the line.

Investing 36

Investing Modernization Home Improvement Home Value 36

D Fritz Appraisals

SEPTEMBER 11, 2023

Major Home Renovations & Home Appraisals: What You Should Know Are you planning house renovations and want to know the best home improvement investments? Or maybe you are planning to sell your house and are wondering about renovations that increase home value the most. No need to install expensive hardwood.

Renovations 123

Renovations Home Value Valuation Market Value 123

Housing Wire

AUGUST 21, 2023

487 LiveEasy 1,204% 2013 Real estate software company changing the way people manage their move and their homes. 497 BOSSCAT 1,175% 2018 Digitizing home inspection data to create instant repair estimates for homeowners and real estate professionals. Other established names to make the Inc. 4,105 FirstCloseFirstclose.

Real Estate 370

Real Estate Real Estate Agent Technology Investors 370

Berkshire Hathaway

NOVEMBER 12, 2021

Decluttering will showcase the space’s full potential to prospective buyers. With the increase in time, you are spending inside and heating your home, so does the risk. Does this space feel usable? Could it be better? Not only will this make your life easier, if and/or when you decide to sell.

Home Improvement 53

Home Improvement Investing Buyers 53

Eppraisal

DECEMBER 22, 2023

Home improvements matter in real estate listings because they enhance your property’s value and attractiveness. Making strategic upgrades is essential because it helps your home stand out, making it more appealing to potential buyers.  These  Homes with strategic improvements tend to sell more quickly.

Home Improvement 36

Home Improvement Real Estate Modernization Renovations 36

Will Springer Realtor

JANUARY 17, 2023

Gone are the days when nearly any home put up for sale would attract a wave of interest from buyers willing to make high-priced offers without conditions. Buyers are seeing this as a rare opportunity from recent years to make offers at or below the list price and negotiate on everything from home repairs to who pays closing costs.

Home Improvement 36

Home Improvement Marketing Buyers Design 36