Remove Construction Remove Design Remove Renovations
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HouseAmp, Renovation Sells seek to streamline the presale process

Housing Wire

What do you get when you combine home renovation specialists with a lender that can provide funds in short order? The new partnership between HouseAmp and Renovation Sells. The Renovation Sells platform focuses on design and construction, while the loans come from HouseAmp.

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HUD announces $175M funding opportunity for rental construction, renovation

Housing Wire

This particular funding opportunity is designed to impact communities with demographic and size variations by setting aside $65 million for CoCs that are “located in states with populations of fewer than 2.5 It is designed to address both the immediate impacts of homelessness as well as risk factors that contribute to it, HUD explained.

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Biden to call for first-time homebuyer tax credit, construction of 2 million homes

Housing Wire

In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional homes; and cost reductions for renters. The White House estimates that this “will raise an additional $3.79

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New construction vs. resale homes: How agents can guide buyers in today’s market

Housing Wire

With high prices and still stiff competition, those looking to buy a home in today’s real estate market need to consider every opportunity, including the choice between new construction or a resale home. Census Bureau, the median sale price of a new construction home in March 2024 was $430,700.

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Opportunities to improve the home-building process

Housing Wire

And for those who still want to build a home from scratch, rising construction costs , limited lot sizes, and excessive red tape can make the process seem insurmountable. Considering how much construction technology, materials, and techniques have evolved, building a new home should be far simpler than it is. Opportunities to innovate.

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How to Build Volume in Today’s Market

Appraisal Buzz

In today’s low-volume market cycle, mortgage originators can build business by focusing on purpose-built loan products designed to overcome the specific challenges homebuyers face in the current market. That is a significant increase from the 13% average between 2000-2019 in new construction.

Marketing 396
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How fix’n’flip loans could help expand housing inventory

Housing Wire

“The average home age in the United States is about 40 years old, so there’s a huge stock of homes that need to be renovated.”. Given the rising price of lumber and other construction costs, renovations may sound impractical. A fix’n’flip loan is designed to cover the costs of purchasing a home and renovating it.

Inventory 351