Housing Wire

FEBRUARY 11, 2025

But despite this trend, some buyers are willing to adjust their loan term expectations to achieve homeownership, according to a recent report by real estate technology company REsimpli. High home prices, cited by 45% of respondents, were the most concerning factor among potential buyers, followed by rising mortgage rates at 25%.

Renovations 354

Renovations Mortgage Property Taxes Buyers 354

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.

Renovations 497

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.

Renovations 476

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 413

Retail Renovations Buyers Finance 413

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.

Retail 448

Retail Buyers Renovations Finance 448

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.

Renovations 448

Renovations Valuation Appraisal Investing 448

Housing Wire

APRIL 14, 2025

This is driven by their confidence in home values and buyer demand, according to survey results released Monday by Realtor.com. Most of these projects were minor updates such as repainting or landscaping, completed by 70% of those who renovated. A majority of potential U.S. home sellers believe now is a good time to list their homes.

Sellers 362

Sellers Renovations Inspection Home Value 362

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

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

Loan Officers 275

Loan Officers Renovations Government Buyers 275

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 487

Construction Buyers Agents Marketing 487

Appraisal Buzz

MARCH 14, 2025

This implies that the buyer would have to get flood insurance through the private sector, which does not provide flood insurance in many parts of the United States, in the absence of the National Flood Insurance Program (NFIP). If the delay is too long, some contracts may expire, leading buyers to renegotiate or back out of the deal.

Insurance 389

Insurance Renovations Sellers Design 389

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.

Tools 425

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.

Real Estate 362

Real Estate Buyers Agents Renovations 362

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 252

Renovations Real Estate Sellers Realtors 252

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

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.

Sellers 348

Sellers Inventory Landlords Renovations 348

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.

Buyers 377

Buyers Renovations Mortgage Housing Market 377

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.

Housing Market 435

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.

Buyers 459

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 280

Renovations Real Estate Sellers Realtors 280

Housing Wire

MARCH 20, 2025

Additionally, the share of flipped homes sold to buyers using Federal Housing Administration (FHA) loans remained steady at 10.7%. The top market for FHA buyer activity was Merced, California, where 38.3% of the flipped homes were resold to buyers using FHA financing.

Investors 304

Investors Finance Renovations Buyers 304

Real Estate News

APRIL 11, 2025

While most remodels arent driven by plans to sell, homeowners should consider the long-term returns and the upgrades agents say buyers are most interested in.

Renovations 228

Renovations Buyers Sellers Agents 228

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

Housing Wire

APRIL 14, 2025

Machine learning models help estimate after-repair value (ARV), project cash flow, and even run renovation budgets. The AI agent is reportedly adept enough to gather buyers preferences then cross-match these to available listings, offer property descriptions, and even guide virtual tours.

Real Estate 362

Real Estate Agents Tools Brokerage 362

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

Appraisal Buzz

APRIL 14, 2025

Todays sellers are hopeful about selling this year due to their capacity to capitalize on the rising value of properties and their belief that buyer-offers would meet their asking price, even though market conditions are not a deciding factor.

Sellers 284

Sellers Renovations Inspection Real Estate Agent 284

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?

Renovations 468

Renovations Real Estate Agent Construction Buyers 468

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 275

Buyers Renovations Housing Market Real Estate 275

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

APRIL 1, 2025

That suit alleges that despite eXp publicly advertising that its agents may not act as contractors who provide home repair or renovation services on properties they represent since doing so would be a conflict of interest Featherston was allowed to serve in both roles in transactions she worked on with Ammann.

Agents 248

Agents Realty Advertising Contracts 248

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