Appraisal Buzz

OCTOBER 2, 2024

High home prices remain the biggest barrier, with 51% of respondents saying it has delayed their plans. The lack of housing inventory is also a major issue, as 27% of homeowners cancelled or delayed their move because they couldn’t find a suitable new home.

Renovations 370

Renovations Housing Market Home Improvement Inventory 370

Housing Wire

AUGUST 4, 2023

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

Marketing 367

Marketing Construction Renovations Home Improvement 367

McKissock

JULY 18, 2021

When the seller’s market is this hot, is it still necessary to renovate a seller’s home before it hits the market? But just because the ball is already in the seller’s court, so to speak, is it enough to justify skipping renovation altogether? Go Big Or Go Home. Consider Your Market.

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Renovations Marketing Real Estate Agent Sellers 96

Cleveland Appraisal Blog

JULY 22, 2021

My family and I are in the midst of a first floor renovation, whilst caring for my wife as she continues to recover from her broken ankle, as I mentioned in my last post. Going through a major renovation helps me to appreciate some of the great points made here. . Thanks again to Seth Murphy of papadiy.com , for writing this article.

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Renovations Appraisal Home Improvement Client Relationships 243

Padove Appraisal Service

JANUARY 14, 2018

I am often asked which home improvements “count” towards the appraised value of a house. Many people envision a list of improved items with predetermined relevancy, along with a specific dollar value assigned to each of those items. The post Home Improvements: What counts towards the appraisal? it all counts!

Home Improvement 78

Home Improvement Appraisal Construction Renovations 78

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. What You Can Do.

Renovations 68

Renovations Buyers Home Improvement Realty 68

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. NEW YORK – Turning a house into a home can feel incredibly rewarding. Take steps to ensure the project is executed correctly.

Renovations 78

Renovations Inspection Tools Insurance 78

Cleveland Appraisal Blog

APRIL 29, 2021

Does your home have a smell? Any repairs that can be made without requiring an extensive renovation should be made, it’s a great move to ensure a higher value. However, adding a bathroom to your floorplan is one of the pricier renovation projects you can undergo, so it may not be within everyone’s budget. Bottom line.

Appraisal 251

Appraisal Investing Renovations Buyers 251

Cornerstone

MAY 4, 2021

Many more homebuyers are competing for available houses, and renovations might not be as necessary as they were to sell competitively just a few years ago. In a normal market, you’ll see a 6-month supply of homes for sale. Taking the time (and spending the money) to renovate before selling might cause you to miss out on this chance.

Renovations 43

Renovations Home Improvement Loan Officers Real Estate Agent 43

Eppraisal

OCTOBER 31, 2023

These indicators paint a picture of the imbalance between supply and demand:  ●      Real estate inventory: High housing inventory means few properties are changing hands in your area and gives buyers control in the market. Pay attention to rental inventory, too.

Marketing 69

Marketing Real Estate Agent Real Estate Valuation 69

Appraisal Today

MAY 17, 2024

NOTE: Please scroll down to read the other topics in this long blog post on Geographic Data and Comps, effect of renovation on value, very low foreclosures now, current real estate market, unusual homes, mortgage origination stats, etc. = = $99.5M It’s important to understand the difference between updates and renovations.

Tools 71

Tools Appraisal Renovations Design 71

Lamacchia Realty

JULY 29, 2022

10 SUMMER IMPROVEMENT PROJECTS FOR YOUR FLORIDA HOME. Summer is the best time of the year to conduct a house inventory and spend quality time with loved ones. If you’re not sure where to start, here’s the list of our top 10 ideas for summer improvement projects you can try on your Florida home.

Home Improvement 41

Home Improvement Renovations Investing Buyers 41

PennyMac

SEPTEMBER 18, 2020

Do a door and lock inventory to make sure they all work—the only time a door should be unlocked is when someone is using it. The only time a window should be unlocked is when it’s open while you’re home, and even then, be extremely judicious about this, including for second-story windows that can be climbed up to.

Technology 36

Technology Tools Decorating Loan Officers 36

PennyMac

AUGUST 14, 2024

Avoid Double Moving Costs: You can move directly into your new home, eliminating the need for multiple moves, renting storage spaces or finding temporary housing. Flexibility in Moving: Typically, you'll have up to 60 days post-closing for moving, giving you ample time for packing, furnishing or even some renovations.

Real Estate Agent 47

Real Estate Agent HOA Finance Inspection 47

Will Springer Realtor

MAY 9, 2023

annually in home improvements across the U.S., Improvements include remodels, replacements and additions to homes. The $180B kitchen and bath market is leading the home-improvement charge and, despite economic headwinds for many households, industry experts see no end in this modernization movement.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

MARCH 14, 2022

This generation is leading the charge in remodeling homes, particularly aging structures that could have soon been near the end of their lifespan. Without their spirit to rebuild, our thinning housing inventory would be more dire than it is today. Condo inventory is not much better. A 2021 survey showed nearly half of U.S.

Housing Market 36

Housing Market Marketing Real Estate Supply Chain 36

Will Springer Realtor

JULY 9, 2021

Well, researchers at realtor.com went a little deeper to find out what those consumers are seeking when looking for a new home. THE ROI OF HOME RENOVATION. I am often asked by sellers what home projects should they address to get the highest return on investment. Inventory across our area remains extremely low.

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Buyers Development Transportation Inventory 36