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. Most of the renovated foreclosure resales came from local community developers like McCormick who sell a handful of renovated foreclosures a year in communities they care about. “I

Renovations 336

Renovations Buyers Development Design 336

Housing Wire

FEBRUARY 26, 2021

Try one of these renovations: More for Real Estate Enthusiasts. Home makeover: Design trends for your house in 2021. Four renovations to consider before selling your house. These windows are designed to withstand heavy winds and impact from flying debris, and they’re usually shatterproof, too. Storm shutters.

Renovations 289

Renovations Design Real Estate Insurance 289

Housing Wire

JULY 22, 2024

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.

Construction 365

Construction Renovations Design Development 365

Housing Wire

MAY 22, 2024

One profiled couple in California hired an interior designer for $20,000, and spent another $95,000 on home modifications designed to more easily accommodate natural limitations to mobility that come from aging. This means that renovations of existing homes are likely to become more necessary as time goes on.

Renovations 427

Renovations Design Home Improvement Advertising 427

Housing Wire

SEPTEMBER 8, 2023

Revive has released a new tool named “Revive Vision AI” designed to assist real estate professionals in property valuation. This AI-driven tool uses computer vision technology to evaluate the current condition of a property and provide a detailed assessment of its current market value and potential value post-renovation.

Real Estate Agent 381

Real Estate Agent Tools Real Estate Agents 381

Housing Wire

NOVEMBER 15, 2024

In most of our remodeling, we use a design technique called Universal Design,” said Brian Harvey, owner of Boston-area business Harvey Home Modifications. That essentially is a design that will serve anyone of any physical capability in the house.”

Design 380

Design Renovations Retail Home Improvement 380

Housing Wire

NOVEMBER 14, 2023

Homes that are not visually appealing may not get attention from Gen Z, so agents should help these buyers see the renovating and redecorating possibilities to match their personal aesthetic. Easy renovations are key For spaces that might not be immediately appealing, Gen Z wants those that can be easily renovated.

Real Estate 463

Real Estate Buyers Renovations Open Houses 463

Housing Wire

MARCH 7, 2024

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

Construction 530

Construction Renovations Insurance Landlords 530

Housing Wire

SEPTEMBER 27, 2024

To that end, the department hosted a virtual event this week that was designed to spread awareness of these grant programs, as well as other types of assistance that could ease daily life for older veterans and those suffering from mobility issues. and Mike Braun (R-Ind.) — introduced a bill in July designed to make it easier for U.S.

Design 436

Design Renovations Finance 436

Housing Wire

JUNE 5, 2024

Department of Housing and Urban Development (HUD) this week announced the launch of a new program designed to allow for the purchase, refinance or renovation of manufactured housing under a loan program sponsored by the Federal Housing Administration (FHA).

Government 529

Government Finance Renovations Design 529

Inman

SEPTEMBER 23, 2024

The "Marketing Center" is designed to explain the appeal of pre-renovations to consumers using campaigns that include print and digital messaging as well as case studies from closed sales.

Renovations 135

Renovations Marketing Design Technology 135

Inman

APRIL 21, 2023

Whether you have design skills or work with a trusted colleague, decor and renovation services are an exceptionally effective value-added service.

Design 136

Design Decorating Renovations Agents 136

Housing Wire

DECEMBER 9, 2024

The grant funds will be primarily deployed to bolster infrastructure, construction or renovation of community buildings, housing rehabilitation, land acquisition and economic development for the American Indian and Alaska Native populations. Department of Housing and Urban Development (HUD) on Monday announced the disbursement of $72.6

Development 297

Development Design Renovations Law 297

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 350

Inventory Renovations Lending Construction 350

Appraisal Buzz

JUNE 14, 2024

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. But, first-time homebuyers can be leery of taking on renovations, especially if they are tight on cash.

Marketing 396

Marketing Renovations Construction Finance 396

Appraisal Buzz

APRIL 11, 2022

Millennials Still Prefer Renovating. Although the Sun Belt has seen impressive growth, the homeowning population as a whole would rather renovate than relocate. Millennial homeowners led the way, with 75% of them renovating between 2020 and 2022. Greater Demand for More Space. Remote work has also impacted homebuying habits.

Buyers 370

Buyers Renovations Supply Chain Housing Market 370

Housing Wire

OCTOBER 15, 2024

This can range from features such as more enormous closets, kitchens, and bathrooms to designated home offices or family spaces. Can renovate over time: Most resale homes are immediately inhabitable, which means owners can renovate or make upgrades gradually, as their budget allows, while still living in the house.

Construction 427

Construction Buyers Agents Marketing 427

Housing Wire

JANUARY 4, 2024

Department of Housing and Urban Development (HUD) has shown that it’s paying attention to the emerging housing needs of an older population by creating programs that allow for age-minded home renovations. HUD issued $15 million grants in mid-2022 and early 2023 designed to help with health and safety home repairs for low-income seniors. “By

Renovations 333

Renovations Investing Finance Design 333

Housing Wire

SEPTEMBER 13, 2023

Retail giant Amazon announced on Wednesday the launch of a new pilot program designed to assist moderate-income families in three different U.S. million into the Nashville area to build and renovate 130 affordable homes, bringing its then-total investment into that community to roughly $100 million.

Renovations 364

Renovations Retail Investing Design 364

Housing Wire

JULY 30, 2021

By investing money into your property through renovations and upgrades, you increase the home’s price tag. Watch Out For Specific Designs. But in general, it’s a home that could use a few improvements. The benefit of buying a fixer-upper is that it’ll usually appreciate. Not to mention, it can be a cheaper investment for you. .

Renovations 505

Renovations Buyers Sellers Investing 505

Housing Wire

MAY 12, 2021

Using new and automated technology in construction is the natural next step to making smarter decisions on and off site, from planning and designing to sourcing materials and scheduling workers. But, in other areas, machines are already proving to be better, faster and safer. Bringing more services under one roof.

Construction 482

Construction Logistics Technology Real Estate 482

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. However, you must be aware of your budget and timeline before committing to a kitchen renovation.

Renovations 303

Renovations Appraisal Home Improvement Buyers 303

Housing Wire

JULY 23, 2024

The plan prioritizes accessible housing principles through both construction and renovation under age-friendly standards, citing a need illustrated by a Harvard University Joint Center for Housing Studies (JCHS) report detailing how only 1% of U.S.

Renovations 388

Renovations Development Design Construction 388

Housing Wire

JANUARY 20, 2021

Across the country, local zoning ordinances have consistently been designed to inhibit the development of medium and high density-housing. Finally, we need to renovate our existing housing stock. In some areas, zoning boards have restricted homeowners from even building a carriage house on their property, citing increased density.

Renovations 430

Renovations Law Development Real Estate 430

Appraisal Buzz

JULY 17, 2024

homebuyer aid programs in DPR’s database are especially designed to support accessibility and inclusivity for prospective homeowners with disabilities, while individuals with impairments may be eligible for any of the programs. Down Payment Resource (DPR) is showcasing 18 U.S. 18 of the 2,300+ U.S.

Renovations 370

Renovations Buyers Design Mortgage 370

Housing Wire

JANUARY 9, 2024

Heading into 2024, there are continuing and emerging financing options, grant programs and legislation all designed to help homeowners and builders create much-needed infill housing. These will help on the margin, but we still need smart lenders to help create even more robust financing options for ADUs.

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Finance Construction Tenants Renovations 456

Housing Wire

FEBRUARY 21, 2024

Regarding other initiatives, Gordon said the FHA is “also hoping soon to put out our servicing defect taxonomy ” and, in the near future, will be releasing a mortgagee letter for the 203(k) renovation loan program. The letter states that the option will be implemented starting May 1, 2024, but will be mandatory on Jan.

Renovations 395

Renovations Mortgage Design Development 395

Housing Wire

NOVEMBER 30, 2023

There are two versions: the standard, which includes structural repairs and requires an approved consultant, and the limited version, which is focused on minor renovation and repair and does not require a consultant. Changes also include increases to the maximum amount for other allowable fees, including for draw inspection, which is $375.

Architecture 436

Architecture Renovations Inspection Finance 436

Housing Wire

JULY 23, 2021

Acra’s jumbo prime mortgage solution is designed to provide borrowers with the larger loan amounts needed to purchase a high-value property, with loan amounts up to $3 million. Fix n’ flip loans are ideal for investors and developers looking to purchase a home and renovate it.

Housing Market 459

Housing Market Marketing Inventory Lending 459

Housing Wire

SEPTEMBER 24, 2021

The company has created a new vertical of loans and an entirely new LOS designed just for borrowers looking to purchase a home and renovate it to put back on the market. Acra Lending is looking to solve these challenges and make fix-and-flip lending simpler and more efficient for borrowers, lenders and brokers.

Lending 389

Lending Renovations Finance Investors 389

Appraisal Buzz

OCTOBER 15, 2024

In addition to being significantly larger, they are brand-new builds, which has its own advantages such as: contemporary, higher-quality materials, contemporary designs, cutting-edge appliances, in-demand facilities, and even opulent features and finishes. To some, it would make sense that a growing number of U.S.

Tenants 370

Tenants Renovations Modernization Contracts 370

Housing Wire

JULY 5, 2024

The Mortgage Bankers Association (MBA) this week detailed its reasons for opposing a bill in the state of Florida designed “to expand projects eligible for residential Property Assessed Clean Energy ( PACE ) financing,” which was recently signed into law by Gov. Ron DeSantis.

Law 360

Law Finance Property Taxes Renovations 360

Housing Wire

DECEMBER 5, 2024

In June, HUD announced the launch of a new program designed to allow for the purchase, refinance or renovation of manufactured home communities under an FHA-sponsored loan program. Despite that attention, however, some in the industry have chafed at the portrayal of land-lease communities by government housing authorities.

Land Lease 338

Land Lease Renovations Modernization Design 338

Housing Wire

JULY 8, 2024

An historic home in Chicago ’s Austin neighborhood designed by architect Frank Lloyd Wright in 1903 is in serious need of repairs and renovations, but an existing reverse mortgage loan is complicating the process of initiating the work. The home, designed by Lloyd Wright for real estate developer Joseph Jacob (JJ) Walser Jr.,

Mortgage 318

Mortgage Design Architecture Market Value 318

Housing Wire

JUNE 30, 2021

The first resource is its newly renovated Broker Portal that brings the power of its proprietary H2O origination system together with an elegant interface to highlight next steps, critical tasks and key contacts. Caliber offers a “triple play” of resources to help elevate a broker’s business. David Schroder, EVP, Third Party Originations.

Lending 397

Lending Renovations Design Tools 397

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?

Inventory 476

Inventory Renovations Real Estate Government 476

Housing Wire

NOVEMBER 25, 2020

Following extensive renovations that took nearly a year to complete, the property was resold to an owner-occupant buyer in July 2020. We wanted to invest capital back into the area in which we grew up,” said Wenzel, who is partnering in the venture with a long-time friend who is a designer and general contractor in Connecticut.

Real Estate 545

Real Estate Investors Marketing Buyers 545