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Real estate investors say they’ll expand portfolios, make home improvements in 2025

Housing Wire

real estate investors are planning to grow their portfolios and invest significantly in property improvements in 2025, according to a new survey from property management software provider RentRedi. Rising maintenance costs, property taxes and insurance expenses are also pressing concerns. A majority of U.S.

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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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A homebuyer’s personal story from the post-Sitzer, post-settlement world

Housing Wire

Having previously written about the Greater Boston housing market a few times for HousingWire, I’ve had the opportunity to get to know some of the area’s top agents and brokers. The homes I toured all went under contract within a week of being listed and, so far, at least two have sold for more than $20,000 over asking price.

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Renovation loans get pandemic boost as homeowners want home offices

Housing Wire

There’s a mainstay in mortgage finance poised to help in working from home. The Federal Housing Administration’s 203(k) rehabilitation mortgage insurance program is designed for borrowers to renovate when they purchase or refinance. It allows for actual home improvements to complement contemporary lifestyles.

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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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Opinion: why we all have a stake in closing the homeownership gap

Housing Wire

The program helped a generation of Americans purchase their first home, however, due to a government policy known as “red-lining,” banks were effectively prohibited from issuing FHA-insured loans in neighborhoods that were predominantly Black or Hispanic. GDP, roughly $3 trillion. For decades, the U.S. Decades ago, U.S.

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How Remaining Economic Life Works

Cleveland Appraisal Blog

Once we know how much the home costs to replace, we can extract a percentage of how much the home improvement has depreciated. Let’s say that in this example, the home that sold for $500,000 has a replacement cost of $425,000. If that is the case, the home’s improvements have depreciated approx.

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