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.

Investing 477

Investing Renovations Construction Development 477

Housing Wire

JUNE 8, 2021

EnerBank says it works with 10,000 contractors and develops personalized loan programs for their clients. In 2020 it acquired equipment finance lender Ascentium Capital and a year prior picked up institutional investment firm Highland Associates. “We billion in home improvement projects. in 2021 to $433 billion.

Renovations 447

Renovations Home Improvement Marketing Finance 447

Housing Wire

FEBRUARY 16, 2022

Examine previous transactions with a lender, such as funding renovations on investment property, to better understand the lender’s experience with diverse real estate projects. Developing a relationship with a potential private money lender is a two-way street. Make a list of potential lenders.

Real Estate 398

Real Estate Investing Investors Renovations 398

Empire Appraisal Group

MAY 16, 2024

Should You Renovate Before Selling? Before launching renovation projects to sell a home, consider the cost benefits. NEW YORK – When selling your house, one of the most common things to worry about is whether you should renovate the home before listing it. Look at your home as if you were buying it and decide if it’s turnkey.

Renovations 78

Renovations Buyers Decorating Investing 78

Empire Appraisal Group

OCTOBER 17, 2024

By Spiderstock/Getty Images Source: [link] Costly Home Renovation Mistakes to Avoid By Courtney Klosterman While rewarding, home renovations can be time consuming, costly and frustrating. But renovating can be tricky even for homeowners with experience let alone someone without that technical knowledge.

Renovations 78

Renovations Inspection Tools Insurance 78

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.”

Inventory 436

Inventory Renovations Supply Chain Buyers 436

Appraisal Buzz

NOVEMBER 18, 2024

It was a prime investment – cash flowing and competitively priced due to it being a buyer’s market. 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. But the tide turned quickly.

Development 284

Development Finance Real Estate Housing Market 284

Housing Wire

SEPTEMBER 13, 2023

Amazon says the investment will “help moderate-income residents in these communities to purchase homes as a path to help build generational wealth.” Last year, Amazon made a housing investment of $10.6 the Douglass Community Land Trust in Washington, D.C. and The Housing Fund serving Nashville. metropolitan areas.

Renovations 419

Renovations Investing Retail Design 419

Housing Wire

MAY 5, 2022

million to build and renovate 130 affordable homes in Nashville, Tennessee, bringing the total investment in the city to about $100 million. million grant to local nonprofit CrossBridge ‘s 84-unit housing project, where 50 units will be newly built and the other 34 units renovated. Amazon is committing $10.6

Renovations 370

Renovations Tenants Investing Development 370

Housing Wire

FEBRUARY 26, 2024

Before the new law was enforced, many condo associations were investing their reserves in government-insured instruments, sacrificing their liquidity to generate a return. In May 2022, the Florida Legislature introduced a new condominium safety law, which mandates more rigorous inspections and stronger financial reserves for HOAs.

HOA 501

HOA Law Insurance New Listings 501

Housing Wire

JANUARY 4, 2024

“If you could use your home equity to make your life better — to buy hearing aids, for example — maybe that’s a good investment.” Reverse mortgage companies have also invested in their own home modification programs. . “But what constitutes an emergency?” ” Molinsky told NextAvenue.

Renovations 431

Renovations Investing Finance Design 431

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

Housing Wire

FEBRUARY 12, 2024

Since its foundation in 1997, Proprietary Capital has developed a platform to invest in the U.S. We have been working with AFR on the transition plans over the last several months and are excited about the opportunity to build on a great foundation,” Craig Cohen, managing member of Proprietary Capital, said in a statement.

Lending 454

Lending Renovations Construction Finance 454

Housing Wire

JUNE 14, 2024

These market developments underscore the reality we must face: Playing the interest rate waiting game is not a viable strategy. Bank statement HELOCs offer borrowers the flexibility to fund the endeavors that matter most to them, such as business ventures, home renovations, and other expenses.

Clients 450

Clients Business Renovations Development 450

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 361

Inventory Renovations Lending Construction 361

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.

Investors 195

Investors Marketing Renovations Real Estate 195

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.

Renovations 62

Renovations Buyers Home Improvement Realty 62

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.

Renovations 390

Renovations Investing Real Estate Marketing 390

Housing Wire

JULY 5, 2022

As we described when we announced the acquisition of Riverbend, we also continue to believe, especially amidst this higher rate environment, that our investment portfolio and operating revenues will further benefit from Riverbend’s bridge product and fee-based revenues,” said Christopher Abate, CEO of Redwood.

Finance 420

Finance Renovations Real Estate Investors 420

Housing Wire

APRIL 18, 2023

Given that HELOC organizations are more streamlined than closed-end lending, there is greater importance for the adoption of electronic closing documents, MISMO said last week, calling for participants to join a new development workgroup (DWG). Meetings will be conducted regularly via conference call. rebranded as Rithm Capital ).

Lending 364

Lending Renovations Real Estate Finance 364

The Robert Weiler Company

JULY 18, 2021

It’s also a category of potential investment that, based on owner type, covers a lot of ground. Property owners include individuals, LLCs, families, large corporations, insurance companies, financial institutions, government, real estate investment trusts, and religious institutions. Doing so will help you become more knowledgeable.

Real Estate 148

Real Estate Investing Investors Renovations 148

Housing Wire

OCTOBER 15, 2020

“We still have vacancy and blight issues but they are not crippling as they were a decade ago,” said Ian Beniston, executive director at the Youngstown Neighborhood Development Corporation (YNDC), a nonprofit community development corporation in Youngstown, Ohio. When we began a decade ago there was much more blight.

Buyers 361

Buyers Development Renovations Retail 361

Housing Wire

OCTOBER 24, 2022

If anyone knows of anywhere that could be a good fit with my 20+years in maintenance/renovation leadership in multi-family, single family, or senior living, please pass my name along. Looking for remote positions where I can leverage my relationship management, customer support, and business development skills. Thanks in advance.”.

Real Estate 419

Real Estate Investing Investors Business 419

Housing Wire

AUGUST 1, 2022

While home price growth is expected to slow in the coming months, it’s still higher than a 5% annual home price appreciation rate, making home equity products an attractive option for lenders to invest in. . New Residential Investment Corp.

Renovations 398

Renovations Lending Mortgage Investing 398

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.

Inventory 489

Inventory Renovations Real Estate Government 489

The Robert Weiler Company

JUNE 15, 2022

Considering an investment in commercial real estate? The decision to invest in multifamily properties for sale may be a solid option for you. In fact, this sector set multiple records last year with a total investment volume of $335.3 In fact, this sector set multiple records last year with a total investment volume of $335.3

Investing 78

Investing Tenants Real Estate Property Management 78

Housing Wire

JUNE 30, 2021

“‘High tech – High touch’ is our mantra as we develop industry-leading tools and resources with a never-ending commitment to the relationships with our brokers and team members,” CEO Sanjiv Das said. Caliber offers a “triple play” of resources to help elevate a broker’s business.

Lending 398

Lending Renovations Design Tools 398

Eppraisal

AUGUST 18, 2023

Investing in real estate can be an excellent way to build long-term wealth and financial security. The good news is that with careful planning and smart strategies, it is possible to invest in real estate even with limited funds. Be disciplined and set aside a portion of your income specifically for real estate investment.

Real Estate 66

Real Estate Investing Investors Finance 66

Housing Wire

MAY 3, 2022

Surging house prices have made home equity products an obvious choice for lenders to invest in, given the value of homes used as collateral for such loans are rising. The new unit focuses on developing mortgage-adjacent lending products and services.

Renovations 420

Renovations Loan Officers Technology Mortgage 420

Listing Spark

DECEMBER 11, 2023

As the saying goes, in real estate investments, you make your money when you buy , not when you sell. During that moment of buying an investment property, it’s crucial to have all your investment property calculations done before you even submit an offer. Why Calculate Seller Closing Costs For Every Property Investment?

Investing 36

Investing Renovations Sellers Real Estate 36

The Robert Weiler Company

JUNE 17, 2022

Ohio is one of the top five tax climates in the United States, so it is not surprising that you are looking at the various apartment buildings for sale in Ohio as a lucrative investment. However, an investment in real estate is not something you should jump into without preparation. Pros of Investing in an Apartment Building.

Property Management 147

Property Management Renovations Real Estate Investing 147

Listing Spark

FEBRUARY 27, 2024

Margins are tightening for businesses all throughout the real estate industry, and property investors are also squeezed by rising property, renovation, and service costs. These tightening margins don’t mean that real estate investment is no longer profitable—far from it.

Investing 36

Investing Tools Real Estate Investors 36

Housing Wire

FEBRUARY 1, 2024

The Brookings Institution summed it up well: “Today, downtown Detroit is nearly unrecognizable from previous decades, with new features such as the QLine streetcar system, a renovated Detroit Tigers ballpark, a riverwalk, and Campus Martius Park. Ultimately, this is a double-edged sword.

Real Estate 436

Real Estate Appraisal Insurance Training 436

Housing Wire

OCTOBER 10, 2023

It’s imperative that agents invest their time to properly prepare comps! 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. They are more appropriate for an appraisal.

Marketing 436

Marketing Real Estate Agent Clients Tools 436

Birmingham Appraisal

MAY 21, 2024

Whether you’re a first-time homebuyer or have years of experience in buying and selling houses, knowing what to look for can significantly influence your decision-making process and potential returns on your investment. Keep an eye on the neighborhood’s growth trends and planned developments.

Home Value 73

Home Value Architecture Renovations Real Estate 73

Housing Wire

MARCH 10, 2023

Among the nonbanks that either have or plan to introduce HELOC loan products are United Wholesale Mortgage , Rocket Mortgage , Guaranteed Rate , loanDepot and New Residential Investment Corp. HELOCs also are popular because the interest on the loans is tax deductible if the funds are used for approved home renovations.

Housing Market 370

Housing Market Marketing Contracts Lending 370

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. Signed lease documents, detailed rent roll, etc.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78