Remove Construction Remove Home Improvement Remove Housing Market
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Top 5 home improvement projects real estate agents should recommend to sellers

Housing Wire

We’ve all witnessed the housing market slowdown that has occurred over the last year. Across the country, homes are spending more days on the market as interest rates rise. These days, buyers want move-in ready homes – they don’t want to face huge construction projects before they can get settled.

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Harvard study suggests inflation, labor shortages threaten remodeling industry

Housing Wire

According to the Improving America’s Housing 2025 report , the strength of the remodeling industry has long been supported by the aging of both homes and households, as well as high property values. The average homeowner spent almost $4,700 on improvements that year.

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Home Depot Foundation invests $10M to assist veterans with aging in place

Housing Wire

The Home Depot Foundation — the philanthropic arm of the home improvement retail conglomerate — announced that it is investing $10 million for the purpose of enabling older military veterans to age in place in their homes. Home Depot’s recent earnings report could give context to its moves in the housing market.

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Fed’s Beige Book shows recent moderation in mortgage rates propped up demand for homes

Housing Wire

Still, contacts emphasized that the number of units for sale stayed far short of what they considered a balanced market, and that a dearth of inventories had contributed to faster house price growth from 2022 to 2023. New York: Housing markets strengthened as the spring selling season got underway a bit earlier than normal.

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Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

Evergreen topics might include: how to prepare to list your house, everything your client needs to know about VA loans; or which home improvements yield the best financial return in a home sale. RealTrends.com Housing market data by city and state, agent news, and advice.

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The labor market showed signs of modest cooling in July

Housing Wire

Employment in the construction industry continued to trend up in July, adding 19,000 jobs, especially in the residential construction space. The ongoing shortage of housing inventory helped spur an increase in home building and home improvement activity, Kan said.

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Mortgage rates continue recent sideways trend: Freddie Mac 

Housing Wire

” “Meanwhile, the housing market continues to face challenges as home sellers are less active this spring. In addition to the “locked-in effect” of mortgage rates, sellers are facing another issue caused by high inflation: the increasing costs of home improvements prior to selling.”

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