Housing Wire

OCTOBER 6, 2020

Making these four renovations can help you do it successfully. A lot of buyers are shopping virtually these days, so any renovations that can make your home look better in photos is a good thing. If you know there’s something broken or needs renovation, then get it fixed before putting your home on the market.

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Renovations Inspection Buyers Inventory 497

Housing Wire

AUGUST 19, 2024

According to public record tax assessor data, all four are now also owner-occupied “I’m trying to establish our community again,” Morgan said, noting the extensive renovations he does before reselling the homes to retail buyers. For most Auction.com buyers, their motivations for investing in real estate are twofold.

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Renovations Buyers Development Investors 476

Housing Wire

FEBRUARY 5, 2025

The companys proprietary data showed that the volume of homes sold at auction to third-party buyers and those repossessed by the foreclosing lender as real estate-owned (REO) declined 3% between the third and fourth quarter of 2024. But these ratios vary significantly across local markets. Conversely, Minneapolis, Detroit, St.

Retail 415

Retail Renovations Buyers Finance 415

Housing Wire

OCTOBER 24, 2024

That means the buyer will need to pay in cash or use non-traditional financing such as a hard money loan. But some segments of pre-foreclosure buyers are purchasing at much bigger discounts. Many of the distressed properties Sandoval encounters are not in good enough condition to qualify for traditional financing.

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Retail Buyers Renovations Finance 448

Housing Wire

MARCH 5, 2025

In general, I’ve seen more activity across the board from buyers since the rates have been coming down a bit. More renovations? “But you still have a buyer’s market. So now that rates are dropping, a renovation loan will be in the 7% range. It takes about a.75

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Loan Officers Renovations Government Buyers 279

Housing Wire

JULY 1, 2021

We all love the feeling of a refreshed, renovated home, and being able to enjoy it instills a sense of pride in its owner. That’s partly why people are spending significant time, energy and money on home renovation projects these days. Despite this, there are some renovations that are worth their price tags.

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Renovations Valuation Appraisal Investing 448

Appraisal Buzz

FEBRUARY 13, 2025

The nationwide survey of nearly 900 prospective buyers found that searching for and virtually touring homes are the two most common uses of AI. The survey also revealed that 40% of prospective buyers interact with AI once a day or more. The survey showed that nearly 40% of buyers are using AI to both find and view homes.

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Tools Buyers Renovations Technology 425

Housing Wire

FEBRUARY 27, 2025

While the key statistics about a property will be available to buyers in the real estate listing description, residential buyers tend to shop with their emotions. Your listing description allows you, as the listing agent, to showcase the property’s best features in a way that reaches potential buyers on a deeper level.

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Real Estate Buyers Agents Renovations 367

Housing Wire

NOVEMBER 14, 2023

Here are 14 real estate trends Gen Z buyers won’t pass up. Gen Z likes to stay close to home With the continued trend of remote work and little desire for a long commute, Gen Z buyers are moving to homes in walkable communities with nearby amenities. Gen Z values diversity and inclusivity.

Real Estate 513

Real Estate Buyers Renovations Open Houses 513

Housing Wire

FEBRUARY 8, 2022

In 2021, McCormick resold two renovated properties that she originally purchased at foreclosure sale on Auction.com in her hometown of Dayton, Ohio. Both properties sold to owner-occupant buyers for under $150,000 apiece. “I Owner-occupants purchased renovated foreclosures for an average price of $261,543 in 2020 and 2021 combined.

Renovations 370

Renovations Buyers Development Design 370

Housing Wire

OCTOBER 15, 2024

Although the decision is ultimately highly personal and based on a buyer’s budget, needs, and preferences, there are a few things agents need to consider to help them make the best decisions. It can be tough for a buyer to choose when faced with the allure of a brand-new build or the charm and affordability of an older home.

Construction 488

Construction Buyers Agents Marketing 488

Appraisal Buzz

FEBRUARY 25, 2025

As inflation continues to impact the wallet of Americans, potential home buyers are being impacted as well. The amount of money homebuyers are putting down is higher than a year ago mainly because home prices are up: A higher price means buyers typically make a bigger deposit. homebuyers down payment was 16.3% The median U.S.

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Buyers Renovations Mortgage Housing Market 360

Housing Wire

MARCH 6, 2025

Sims was able to sell the properties quickly thanks to the deep and wide pool of buyers using Auction.com, with its more than 7.4 Like Richards, most Auction.com buyers are local community developers who have a deep knowledge of the markets and submarkets where they are buying. million registered users.

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Sellers Inventory Landlords Renovations 313

Housing Wire

DECEMBER 11, 2024

On Tuesday, two Ohio -based companies that specialize in the acquisition, renovation and management of distressed real estate properties in Northeast Ohio, Abandoned Homes Project Scattered Site I LLC and Scattered Site II LLC., The suit is not seeking class action status, and the plaintiffs made no demands for injunctive relief.

Renovations 256

Renovations Real Estate Sellers Realtors 256

Housing Wire

JANUARY 27, 2025

Additionally, with cooperative compensation removed from MLS systems, alongside the new requirement for buyer-agency agreements, agents must speak up and share their value clearly and confidently. To do so, develop strategies and programs that cater to buyers and sellers at every stage.

Real Estate 397

Real Estate Clients Technology Agents 397

Appraisal Buzz

APRIL 11, 2022

Here are some buyer relocation trends to watch out for in 2022’s hectic real estate market. Many millennial and Gen-Z first-time buyers look for second homes before investing in a full-time primary residence. Affordability remains an issue for younger buyers who haven’t yet saved enough money. More Second Home Purchases.

Buyers 370

Buyers Renovations Supply Chain Housing Market 370

Housing Wire

AUGUST 9, 2021

This bodes well for those still looking to refinance, renovate or even purchase a new home.”. The post Soaring home prices are spooking buyers appeared first on HousingWire. “The 30-year fixed-rate mortgage dipped back to where it stood at the beginning of 2021, and the 15-year fixed remained at its historic low.

Buyers 488

Buyers Renovations Mortgage Marketing 488

Housing Wire

JULY 21, 2022

Retail housing market data from June showing early signs of a real estate slowdown was foreshadowed three months earlier in buyer behavior at foreclosure auctions. The downshift in buyer behavior at the foreclosure auction came two months before the downshift showed up in retail housing market data. That was up from 40% a year ago.

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Housing Market Buyers Marketing Retail 435

Housing Wire

APRIL 22, 2021

Kirk West, a broker for West and Woodall Real Estate in Durham, said the sheer number of buyers willing to purchase a house sight-unseen has stood out to him since the pandemic started. ” Hennessey said his company pivoted to doing mostly renovations in the past few months, declining new builds in order to save money.

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Buyers Inventory Renovations Realty 459

Housing Wire

DECEMBER 11, 2024

On Tuesday, two Ohio -based companies that specialize in the acquisition, renovation and management of distressed real estate properties in Northeast Ohio, Abandoned Homes Project Scattered Site I LLC and Scattered Site II LLC., The suit is not seeking class action status, and the plaintiffs made no demands for injunctive relief.

Renovations 281

Renovations Real Estate Sellers Realtors 281

Housing Wire

FEBRUARY 25, 2025

Housing markets in much of the country have started tilting in buyers favor, allowing buyers to set the terms they want. That means house hunters dont necessarily need to break the bank for a huge down payment if it makes more financial sense to save some money for things like future home renovations or other investments.

Buyers 279

Buyers Renovations Housing Market Real Estate 279

Housing Wire

OCTOBER 20, 2022

A deeper dive into foreclosure buyer behavior shows which markets are most likely to see a home price correction in the next six months. Foreclosure auction buyers started bidding more conservatively in the second quarter of 2022, as measured by proprietary data from the Auction.com marketplace. Price Correction Risk by Region.

Housing Market 459

Housing Market Buyers Marketing Investors 459

Appraisal Buzz

OCTOBER 15, 2024

Home Renters Value Skipping Upkeep and Remain Content in Their Rentals Home renters are nothing if not realistic about their alternatives, despite their desire for renovations. For example, nearly one-third of poll respondents would like a sunroom or roof deck, while over 15% would prefer a greenhouse or a workshop/craft room sort of area.

Tenants 370

Tenants Renovations Modernization Contracts 370

Housing Wire

APRIL 20, 2021

Patrick, a first-time homebuyer, was competing with buyers who were waiving basic contingency requirements and/or putting in offers that far exceeded the seller’s asking price. After months of slogging through a string of disappointments, Patrick turned to a renovation loan and started looking at fixer-uppers. Already a member?

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Renovations Real Estate Agent Construction Buyers 468

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. Four renovations to consider before selling your house. A turnkey home is a property that doesn’t require any major repairs or renovations. Fixer-Upper.

Renovations 508

Renovations Home Improvement Real Estate Agent Real Estate 508

Housing Wire

MARCH 2, 2021

You want to make a few preparations to attract the most potential buyers. Four renovations to consider before selling your house. Dust accumulates and you don’t want a potential buyer to find dust on the ceiling or smudges on the windows. A bad smell can deter a potential buyer, which isn’t what you want.

Decorating 514

Decorating Renovations Buyers Sellers 514

Housing Wire

MAY 8, 2023

That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction. Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I

Inventory 435

Inventory Renovations Supply Chain Buyers 435

Housing Wire

OCTOBER 3, 2023

BH: I have heard some comments from CoStar about how Homes.com is well positioned for success regardless of what happens with the buyer broker compensation lawsuits. If the buyer broker commission rules goes away that revenue model for the portals goes away for sure. Could you elaborate on this?

Buyers 435

Buyers Real Estate Agents Business 435

Housing Wire

OCTOBER 15, 2020

The good news is that there is plenty of demand for vacant properties, from both nonprofit and for-profit buyers. Beniston noted demand is also strong for rentals that YNDC has renovated after purchasing in distress. The post As vacant foreclosures increase, so does buyer interest appeared first on HousingWire.

Buyers 360

Buyers Development Renovations Retail 360

Housing Wire

JUNE 9, 2022

Renovation financing startup RenoFi now offers a fixed-rate home renovation loan, which allows homeowners to borrow as much as 90% of their home’s after-renovation value — a move to target homeowners who don’t qualify for a home equity line of credit (HELOCs). Presented by: Auction.com.

Renovations 368

Renovations Inspection Finance Insurance 368

Appraisal Buzz

JANUARY 9, 2025

For more than 30 years, HOME has provided funding to build new homes, assist home buyers, and provide rental assistance. These new rules build on HUDs commitment to reducing the red tape and making programs easier to use, said the Honorable Adrianne Todman, HUD Agency Head. million homes have been completed through HOME funding.

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Tenants Development Modernization Inspection 349

Appraisal Buzz

OCTOBER 23, 2024

Just waiting for the market to correct and find balance,” wrote one Auction.com buyer, in response to a survey regarding the impact of market conditions on bidding and purchasing behavior at auction. A lot of customers also cited election-related uncertainties as a rationale for delaying purchases.

Retail 370

Retail Marketing Inventory Buyers 370

Housing Wire

APRIL 21, 2022

But it also makes sense given that their large-scale acquisition strategies could buckle under the logistical pressure of performing major renovations on hundreds or thousands of homes simultaneously. Bulk Buyer Bonanza. More than 2 million home sales in 2021 were to all-cash buyers, up 67% from the 1.2

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Investors Renovations Marketing Retail 418

Housing Wire

JUNE 27, 2022

Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle? An estimated 140,000 renovated properties purchased at foreclosure auction or bank-owned auction were resold to owner-occupant buyers between January 2020 and December 2021. Presented by: Auction.com.

Mortgage 531

Mortgage Renovations Buyers 531

Housing Wire

JUNE 1, 2021

Investors who acquire and renovate older homes could claim the credit on their federal tax returns, as long as the home is sold to and occupied by an eligible buyer. In order for investors to qualify for the credit, buyers must make no more than 140% of area median income. The renovations would be on a budget, however.

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Renovations Development Investors Legal 516

Appraisal Buzz

FEBRUARY 12, 2025

According to January Redfin data, buyers nationally might have greater negotiating leverage than they have in a number of years: The typical U.S. Political and economic uncertainty is another reason some would-be buyers are pumping the brakes. home is selling for 1.8%

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Contracts Buyers Renovations Sellers 243

Housing Wire

JANUARY 30, 2025

Davis also mentions the importance of offering investor loans, Debt-service coverage ratio (DSCR) loans and other options to accomodate trends with investors, self-employed buyers and more. So, people are gonna have to tap into their equity for renovations, debt consolidation and better cash flow. That’s where the growth is at.

Construction 291

Construction Marketing Investors Renovations 291