Housing Wire

DECEMBER 9, 2024

Department of Housing and Urban Development (HUD) on Monday announced the disbursement of $72.6 million in new funding under the Indian Community Development Block Grant (ICDBG) program, adding up to $2 million to 38 individual community recipients to bolster housing development , expansion and preservation.

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Development Design Renovations Law 370

Housing Wire

NOVEMBER 23, 2021

The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes in economically distressed communities. This cost gap all-too-often prevents the renovation of affordable houses that need a great deal of work.

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Investing Renovations Construction Development 476

Housing Wire

FEBRUARY 12, 2024

Since its foundation in 1997, Proprietary Capital has developed a platform to invest in the U.S. It also has a niche in construction and manufactured home loan programs. residential mortgage market and housing-related assets.

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Lending Renovations Construction Finance 456

Housing Wire

JULY 16, 2024

Exemptions would be provided to new construction and units with “substantial” renovation and rehabilitation. In conjunction with Biden’s proposal, the Bureau of Land Management (BLM) announced it will open a public comment period on the sale of 38 acres of public land in Nevada for the purpose of affordable housing construction.

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Landlords Construction Land Management Development 488

Housing Wire

AUGUST 29, 2024

At HVPG, we recently completed a renovation at a senior living facility in Jersey City, a city experiencing rapid growth with almost 30% of its current population arriving in 2021 or 2022. Our renovation includes features such as step-free entrances, wider doorways, and bathroom modifications.

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Renovations Development Transportation Construction 459

Housing Wire

MAY 12, 2021

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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Construction Logistics Technology Real Estate 482

Housing Wire

JUNE 8, 2021

“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 360

Inventory Renovations Lending Construction 360

Housing Wire

MARCH 7, 2024

Long, who brings more than 20 years of experience in the mortgage industry, will be responsible for building Planet’s retail networks and will also have a focus on product development, the company said.

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Retail Lending Renovations Construction 459

Housing Wire

JULY 23, 2024

While other countries are responding to these changes by developing and implementing national strategic plans to help them meet the challenges and maximize opportunities to increase longevity, the U.S. has yet to develop a comprehensive national plan on aging,” the announcement of the paper begins.

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Renovations Development Design Construction 448

Housing Wire

MAY 8, 2023

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 My renovated homes are] reducing the number of rental properties , which in our town has become a source of demise.” In 2019 the number was 200,000.

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Inventory Renovations Supply Chain Buyers 435

Housing Wire

JULY 8, 2024

We are pleased to partner with Shawn and the Archwest team to deliver dynamic financing solutions to home builders , renovators and landlords who are expanding and improving the critically undersupplied U.S. Its product mix includes fix-and-flip loans, bridge loans and construction loans.

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Investing Legal Lending Landlords 435

Appraisal Buzz

NOVEMBER 18, 2024

New owners used their cost savings to renovate and undercut our rent rates. Concentrated Development: Many developers flocked to the same areas, leading to localized oversupply. The Developer’s Dilemma To illustrate the current challenges, let’s consider a hypothetical developer, Dave.

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Development Finance Real Estate Housing Market 335

Housing Wire

DECEMBER 5, 2024

Department of Housing and Urban Development (HUD) and U.S. In September, HUD announced updates to its manufactured housing construction and safety standards. An analysis of data from the U.S. The study from LendingTree found that the average price of a new manufactured home sold in the U.S. increased by 58.34% between 2018 and 2023.

Land Lease 418

Land Lease Renovations Modernization Design 418

Housing Wire

NOVEMBER 13, 2024

The goal is to help them avoid homelessness by funding affordable housing construction, home repairs and adaptations as well as giving out financial assistance. The new commitment furthers the foundation’s stated goal of reaching $750 million in investment activity. There are four key areas the funding will be applied toward.

Investing 370

Investing Renovations Retail Home Improvement 370

Appraisal Buzz

OCTOBER 29, 2024

The Asian Americans for Equality (AAFE) community development organization also supports ADU renovations through its Landlord Repair Fund, helping to bring non-compliant ADUs up to code and ensure safety for residents. However, nonprofits face several challenges in implementing ADU initiatives.

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Renovations Construction Development Landlords 221

Housing Wire

JULY 6, 2023

One source of added inventory is the fix and flip industry , which is expected to acquire and renovate some 350,000 homes in 2023, according to Kurt Carlton, president of New Western , a private real estate investment marketplace. Where might added inventory come from, if the bulk of existing homeowners continue to remain on the sidelines?

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Inventory Renovations Real Estate Government 488

Housing Wire

APRIL 27, 2023

These developments—and more—can be seen as cracks in the armor of a housing-industry sector that rose out of the ashes of the Great Recession and grew to become a thriving alternative for individuals locked out the home-purchase market by rapidly rising prices.

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Renovations Investing Real Estate Marketing 393

Housing Wire

JULY 17, 2023

However, developing interactive virtual tours requires advanced rendering techniques and programming expertise, making them more complex to create compared to guided tours. This approach holds numerous benefits for property developers, including: Enables real estate agents to showcase their projects to potential buyers and investors.

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Real Estate Technology Business Real Estate Agent 361

Appraisal Buzz

SEPTEMBER 13, 2024

AFR Head of Operations Bobbi MacPherson With a diverse background in credit policy, operations, and technology development, MacPherson will provide an immediate impact as AFR’s new Head of Operations. We have been adding to our amazing team here at AFR, and I couldn’t be more excited to welcome Shaun back,” said Pieklo.

Renovations 221

Renovations Development Clients Construction 221

Housing Wire

OCTOBER 10, 2023

Assembling your comparative market analysis I usually develop a report that is broken out into five sections, outlined below. Here are the steps you should take to develop your CMA report Step 1. Unlike Properties: Omit any properties in completely different locations or those in a different size or price range.

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Marketing Real Estate Agent Clients Tools 435

Housing Wire

MARCH 28, 2022

With that said, with tight margins of around 5% , time is short, meaning human value creation (renovations big or small) are usually foregone in favor of an algorithmically determined window dictating when to buy or flip. To de-risk transactions, tailored add-ons are important. Andy Bodrog is Partnerships Director, Property at Cover Genius.

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Real Estate Marketing Insurance Technology 397

Housing Wire

FEBRUARY 8, 2024

With extensive experience in new construction home sales, Janet is certified in luxury home sales and specializes in relocation and new construction builder sales. Growing up in Savannah, Georgia, as the daughter of a builder and developer, she learned the processes involved in new home construction from her dad.

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Real Estate Agent Real Estate Agents Clients 435

Housing Wire

SEPTEMBER 29, 2021

That’s the case, even though construction work was designated essential from the pandemic’s outset. Old Colony was one of the country’s first federal public housing developments. It’s revitalization that’s changing the neighborhood, the lives of its residents and the workers performing the construction. Lesson two: Housing.

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Training Transportation Construction Renovations 334

Appraisal Buzz

OCTOBER 24, 2024

Department of Housing & Urban Development (HUD) has appointed 11 new members to its Housing Counseling Federal Advisory Committee. Sherri Eckles , who was appointed last year and serves as SVP of the Renovation and Construction Lending Programs at Norcom Mortgage, will also continue to serve on the Committee. “We

Real Estate 221

Real Estate Renovations Development Construction 221

Appraisal Buzz

JUNE 3, 2024

Many current sellers have begun a renovation but have run out of money prematurely as inflation has caused cost overruns and capital is less available to fund shortfalls. As developers deliver units, they will be motivated to fill up their buildings, even if it means cutting rents in order to do so.

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Investors Marketing Renovations Real Estate 195

Appraisal Buzz

SEPTEMBER 5, 2022

Communication took on many forms, including development of written documents stating client reporting requirements, utilizing technology platforms to increase transparency throughout the appraisal process, and developing feedback to the appraiser on appraisal submissions. Complexity in Process and Properties.

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Appraisal Modernization Appraisal Process Technology 281

Cleveland Appraisal Blog

JUNE 17, 2022

What’s the difference between a newly constructed home and a hundred-year-old home? When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated.

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Appraisal Development Market Value Tenants 279

Simonson Real Estate

JULY 10, 2020

Appraisers assemble a series of facts, statistics, and other information regarding specific properties, analyze this data and develop opinions of value. New construction or planned renovations – Actual construction cost statements, plans, material specifications, etc. Value Scenarios.

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Appraisal Process Appraisal Market Value Tenants 148

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. Cost of Materials. The cost for lumber is 3x higher than it was last March.

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Renovations Buyers Home Improvement Realty 59

Cleveland Appraisal Blog

MARCH 30, 2021

So many visitors have stopped by over the years, that they renovated the area to make it more visitor friendly, with better parking and a nicer observation area. My advice to agents and sellers is to really analyze the properties that they are using to develop their asking price. I had new construction sales that were very comparable.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Appraisal Buzz

SEPTEMBER 20, 2024

Sherri Eckles, SVP Renovation & Construction, TPO Go “In addition to her full-time job, Sherri Eckles volunteers with numerous organizations, all focused on affordable housing. Together, we’ve tackled challenges, developed innovative solutions, and provided the support needed to help families achieve their homeownership goals.

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Training Development Clients Renovations 221

D Fritz Appraisals

JULY 4, 2024

While the BC housing crisis is hurting British Columbians, the provincial government is attempting to facilitate faster home construction and increase the number of rental properties through several initiatives. New rules and standardized designs are helping home builders speed up the construction of small-scale multi-unit housing.

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Construction Government Appraisal Transportation 111

The Robert Weiler Company

APRIL 7, 2023

Commercial real estate developers are ensuring that the goal of Earth Day is being met, as evidenced by widespread initiatives in green design and sustainable building. To be clear, some of these developments have been gaining momentum for decades. reduction in operating costs in the first year and a 16.9% savings over five years.

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Real Estate Construction Investing Development 109

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

The Robert Weiler Company

JULY 6, 2021

Research : Also coined in the industry as “flex,” flex space is utilized for research and development to design new products. Just as there are two sides of a spectrum in residential real estate with new development and house flippers, characteristic types exist similarly in industrial space for rent.

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Logistics Tenants Real Estate Modernization 147

Cleveland Appraisal Blog

MARCH 4, 2021

For instance, a thirty-year old home may have an effective age that is the same as a fifty-year old home, if the fifty-year old home has been renovated to a degree that is comparable to the younger home. Sometimes, two homes with wide age differences can have the same effective age.

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Appraisal Real Estate Real Estate Agent Loan Conditions 222

McKissock

AUGUST 14, 2022

Need for New Construction. Those who can wait for construction may find the idea of building their own home the way they want quite attractive. Construction Workforce Concerns. Unfortunately, there is also a lack of workers in the construction industry. However, construction companies still need to make profits.

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Inventory Construction Real Estate Renovations 68