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 457

Buyers Renovations Mortgage Marketing 457

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.

Buyers 424

Buyers Housing Market Marketing Investors 424

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 424

Buyers Inventory Renovations Realty 424

Housing Wire

AUGUST 10, 2023

The share of distressed property auction buyers who say they are owner-occupants nearly doubled over the last year, boosted by a game-changing government policy that took effect last August. That was nearly double the 8% of buyers who described themselves as owner-occupants in a February 2022 Auction.com buyer survey.

Renovations 370

Renovations Buyers Development Insurance 370

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 370

Renovations Finance Inspection Buyers 370

Eppraisal

MARCH 5, 2024

Home renovations can completely transform your living spaces, turning outdated rooms into modern, functional areas that reflect your style and meet your needs. In addition to the joy and comfort these changes bring into your daily life, renovations can also significantly increase your home’s market value.

Renovations 36

Renovations Modernization Market Value Buyers 36

McKissock

JULY 18, 2021

When the seller’s market is this hot, is it still necessary to renovate a seller’s home before it hits the market? But just because the ball is already in the seller’s court, so to speak, is it enough to justify skipping renovation altogether? Go Big Or Go Home.

Renovations 96

Renovations Marketing Real Estate Agent Sellers 96

Inman

MAY 7, 2024

The mansion on Banyan Road was gut-renovated by homeowner and interior designer Victoria Hagan before being sold off-market to an unknown buyer.

Renovations 152

Renovations Design Buyers Marketing 152

McKissock

MARCH 20, 2022

When selling a home though, most real estate professionals will vouch that — as far as home improvements are concerned — kitchen renovations are worthy investments that will likely increase your resale value. ® , DIY expert and licensed contractor Beth Allen shares six common kitchen renovation ideas with the biggest investment return.

Renovations 84

Renovations Investing Modernization Real Estate 84

Housing Wire

FEBRUARY 26, 2024

On the demand side, buyers are wary of purchasing a condo since it has become less affordable. It’s causing buyers to rethink their plans.” The HOA either sells the building to a developer who will renovate it or, in most cases, to a redeveloper who will tear it down and replace it with another economically viable project.

HOA 477

HOA Law Insurance New Listings 477

Empire Appraisal Group

JULY 27, 2023

Source: [link] Why Don’t More Buyers Consider a Fixer-Upper? In a time of rising housing costs, a fixer-upper offers more house for the money – but the iffy cost for renovations scares buyers already hurt by high interest rates. Bethesda, MD (301) 215-4688 The post Why Don’t More Buyers Consider a Fixer-Upper?

Buyers 78

Buyers Renovations Real Estate Agent Agents 78

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 433

Renovations Real Estate Agent Construction Buyers 433

Lamacchia Realty

FEBRUARY 8, 2022

When buyers are in the process of finding their perfect home, they often realize that finding a home that checks all of the boxes, has a great layout, and is aesthetically pleasing is easier said than done, especially if you’re a first-time homebuyer on a budget. When in doubt, get your permits.

Renovations 74

Renovations Buyers Finance Home Improvement 74

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 333

Buyers Development Renovations Retail 333

Housing Wire

OCTOBER 10, 2023

Many sellers have returned to offering concessions and dropping prices to entice buyers. When making pre-listing repairs or renovations, different projects can result in vastly different returns. These days, buyers want move-in ready homes – they don’t want to face huge construction projects before they can get settled.

Home Improvement 450

Home Improvement Real Estate Agent Sellers Real Estate 450

Cleveland Appraisal Blog

DECEMBER 24, 2022

Are you planning on renovating your home? 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. The kitchen is a focal point for just about every homeowner and prospective buyer.

Renovations 303

Renovations Appraisal Home Improvement Buyers 303

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 488

Renovations Home Improvement Real Estate Agent Real Estate 488

Hank Miller Team

MAY 31, 2022

Appraising and being involved in real estate sales for over 30 years allows me to see epic "renovation" nightmares. The unfortunate side of this are the buyers who often expect their agent to flag issues. Will your agent spot renovation disasters? Buyers share the blame if they don't vet these agents.

Renovations 52

Renovations Agents Buyers Real Estate 52

Lamacchia Realty

MAY 23, 2023

WHAT TO KNOW ABOUT HOME RENOVATIONS IN 2023 In recent years, the world has undergone a multitude of changes, and the home renovation industry is no different. Factors such as supply chain disruptions, project delays, and increasing costs have greatly impacted both new construction and ongoing renovation projects.

Renovations 58

Renovations Supply Chain Construction Home Improvement 58

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 498

Decorating Renovations Buyers Sellers 498

Lamacchia Realty

MAY 6, 2021

HOME RENOVATIONS IN 2021. As we begin to see the other side of the pandemic and throughout the past year, the home improvement and renovation industry is seeing an extremely high demand for tools, materials, and home improvement service providers. Buyer Resources. Cost of Materials. What You Can Do. Additional Resources.

Renovations 55

Renovations Buyers Home Improvement Realty 55

Appraisal Buzz

APRIL 30, 2024

With the downturn in home sales, the challenges are multifaceted: Homeowners are holding onto low-interest rate mortgages instead of moving up, investors edging out traditional buyers with cash offers and first-time homebuyers facing steep affordability hurdles and bidding wars. That presents a unique challenge as well as an opportunity.

Marketing 195

Marketing Real Estate Agent Renovations Buyers 195

Housing Wire

APRIL 23, 2024

Amid a higher rate environment when refinances are scarce, Martell said that loanDepot sees opportunities in other products, such as renovation loans and home equity lines of credit (HELOCs). The lender announced a $120 million cost reduction program that will positively impact this year’s financial results, Martell added.

Mortgage 396

Mortgage Real Estate Agent Real Estate Renovations 396

Boston Appraisal

FEBRUARY 11, 2024

This article provides an insight into the appraisal process of historical properties, emphasizing the role of market data, potential buyers, specialized databases, appraisal methods, and the significant impact of preservation restrictions. Renovation costs are typically lower as they involve working with existing structures and materials.

Appraisal 147

Appraisal Renovations Architecture Appraisal Process 147

Housing Wire

DECEMBER 21, 2023

Benefits can include: No down payment Competitive interest rates No private mortgage insurance (PMI) Limited or no closing costs Funding fee waived for service-connected disabled veterans More favorable credit criteria Loan types There are a number of VA loan options to meet the needs of today’s veteran buyers, including purchase and refinance.

Mortgage 433

Mortgage Renovations Appraisal Process Finance 433

Housing Wire

JANUARY 5, 2024

Few things affect the real estate market more than the rise and fall of interest rates , which has a ripple effect that directly influences everything from buyer behavior to market trends. How interest rates impact your clients Let’s look at how interest rates can impact buyers, sellers or homeowners looking to refinance.

Real Estate 433

Real Estate Agents Marketing Sellers 433

Lamacchia Realty

DECEMBER 31, 2021

Most homeowners are reluctant to make upgrades and renovations to their homes when it comes time to list their home for sale. You’re able to enjoy the upgrades and renovations longer while also capturing the attention of potential buyers. POPULAR FEATURES HOMEBUYERS LOOK FOR. Additional Resources. July 15, 2021. Read More ».

Buyers 73

Buyers Renovations Realty Technology 73

Inman

MAY 26, 2023

The home in Studio City was renovated by HGTV in 2019 and has since been used in a number of the network's specials and series. Now one lucky buyer will be able to keep a piece of television history.

Renovations 162

Renovations Marketing Buyers Modernization 162

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.

Renovations 502

Renovations Development Investors Legal 502

Kairos Appraisal Services

DECEMBER 16, 2021

There’s no doubt that 2021 was a hot real estate market, but there was another hot market this year, and that was the renovation market. This is a trend we will… The post Highest ROI: Top Home Renovations appeared first on Kairos.

Renovations 52

Renovations Inventory Real Estate Marketing 52

Housing Wire

OCTOBER 28, 2021

Yun expects inventory levels to pick up again in 2022 and that buyers who have temporarily paused their search will return to the market in the new year. In addition, Yun believes that increasing rents and lack of rental inventory will drive even more potential buyers into the market.

Inventory 414

Inventory Renovations Contracts Buyers 414

Cleveland Appraisal Blog

AUGUST 11, 2022

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. In that case, potential buyers will lay down an ‘as-is’ offer, which means they will acquire the home in its current condition. Buyers may walk away from the purchase.

Renovations 221

Renovations Buyers Appraisal Investing 221

Housing Wire

JUNE 3, 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.

Construction 450

Construction Renovations Transportation Real Estate 450

Housing Wire

JULY 1, 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. decrease from the previous quarter.

Mortgage 382

Mortgage Renovations Buyers 382

Lamacchia Realty

MAY 20, 2022

HOME RENOVATIONS IN 2022. It’s well known that the world has seen a multitude of changes over the past few years, and the home renovations world is no different. From supply chain delays and stoppages to inflation, home renovation and even new construction projects are feeling the impact. Insulation is up 5.4% from last year.

Renovations 55

Renovations Supply Chain Construction Modernization 55

Housing Wire

APRIL 22, 2024

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. There are still plenty of buyers interested in this area. If you don’t have active buyers, ask around the office.

Real Estate 431

Real Estate Open Houses Brokerage Real Estate Agent 431

Housing Wire

OCTOBER 25, 2021

“Buyers also aren’t having to offer as much above the asking price as they were in the spring, when competition in the housing market was peaking. ” Top markets for affordable renovated housing inventory. As mortgage rates continue to rise, we can expect bidding wars to keep slowing.” Presented by : Auction.com.

Renovations 404

Renovations Inventory Agents Housing Market 404