Housing Wire

MAY 10, 2021

announced today the launch of Finance of America Home Improvement , a new business division offering non-mortgage financing options, including renovation loans. Per a study from Harvard University’s Joint Center for Housing Studies, renovation financing is expected to increase 3.3% in 2021 to $433 billion.

Renovations 397

Renovations Finance Home Improvement Lending 397

Housing Wire

JULY 1, 2021

We all love the feeling of a refreshed, renovated home, and being able to enjoy it instills a sense of pride in its owner. That’s partly why people are spending significant time, energy and money on home renovation projects these days. It’s no secret that home improvements can be a costly endeavor.

Renovations 448

Renovations Valuation Appraisal Investing 448

Appraisal Buzz

NOVEMBER 15, 2024

Instead of dealing with the difficulties of purchasing in a competitive market, many homeowners are choosing to invest in their existing homes. Homeowners of all generations are utilizing HE Loans or HELOCs to take advantage of their increasing equity as home values continue to climb.

Renovations 370

Renovations Lending Investing Home Improvement 370

Housing Wire

MAY 28, 2021

While turnkey properties come with a higher price tag , they can be a cheaper investment in the long run. According to a study conducted by Buildword , 53% of buyers who purchased a fixer-upper exceeded their budget, compared to 15% of buyers who purchased a turnkey home. Four renovations to consider before selling your house.

Renovations 508

Renovations Home Improvement Real Estate Agent Real Estate 508

Housing Wire

AUGUST 27, 2021

Examine Return On Investment . Unfortunately, upgrading your appliances won’t necessarily allow for a huge return on investment. While upgrades can make your home more desirable, you may not completely recoup the cost of what you spend. . Here are a few other updates with the highest return on investment: . Stone Veneer.

Renovations 459

Renovations Home Improvement Investing Home Value 459

Housing Wire

MAY 22, 2024

When asked about the reason for making these investments, the wife described their desire to maintain the comfort, familiarity and pride in the home they’ve lived in together rather than giving them up. The Home Depot is refreshing an in-house brand with accessibility in mind for things like grab bars and easier-to-use faucets.

Renovations 459

Renovations Design Home Improvement Advertising 459

Housing Wire

FEBRUARY 6, 2024

So making certain — especially when you hit your 50s and 60s — that you remodel it […] does make it easier as you get older to stay home.” Costs for renovation projects can vary based on factors such as location, job size and condition of the home.

Renovations 476

Renovations Home Improvement Investing Clients 476

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. What kinds of things can you expect? I hope you enjoy it!

Renovations 303

Renovations Appraisal Home Improvement Buyers 303

Housing Wire

APRIL 2, 2021

To coincide with the IPO, institutional investors have pledged to make a private investment of $250 million in the company. Two weeks ago, the firm launched a home improvement vertical with the $45 million acquisition of Renovate America ‘s Benji business line.

Finance 372

Finance Renovations Investors Retail 372

D Fritz Appraisals

SEPTEMBER 11, 2023

Major Home Renovations & Home Appraisals: What You Should Know Are you planning house renovations and want to know the best home improvement investments? Or maybe you are planning to sell your house and are wondering about renovations that increase home value the most.

Renovations 123

Renovations Home Value Valuation Market Value 123

Housing Wire

APRIL 27, 2021

The acquisition of Parkside’s wholesale business comes roughly one month after Finance of America’s acquisition of Renovate America’s Benji business , an expansion into the home improvement lending space. Similarly, New Residential Investment Corp.

Finance 370

Finance Lending Retail Renovations 370

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. through the first quarter of 2024.”

Inventory 488

Inventory Renovations Real Estate Government 488

McKissock

MARCH 20, 2022

When selling a home though, most real estate professionals will vouch that — as far as home improvements are concerned — kitchen renovations are worthy investments that will likely increase your resale value. The countertops will help sell themselves if you’re willing to make the investment.

Renovations 84

Renovations Investing Modernization Real Estate 84

Appraisal Buzz

AUGUST 15, 2024

This is a good option for customers wanting to consolidate high-interest debt or finance home improvements. Preventive Financial Care of the Annual Home Equity Check-Up This last one is more of a recommendation than a product you can offer.

Loan Officers 407

Loan Officers Clients Home Improvement Insurance 407

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

Birmingham Appraisal

MAY 1, 2024

Home Renovations and Appraisal Value As an appraiser, I get asked about how much value will be added for different types of home projects or renovations. The best way to look at home renovations is by considering the overall impact they will have on your home. Updates or Renovations?

Renovations 88

Renovations Appraisal Real Estate Agent Construction 88

Cleveland Appraisal Blog

APRIL 29, 2021

Tips for Increasing Your Home’s Value Without Spending a Fortune. Buying a property is not just about creating a home, it is making a long-term investment. Some of these upgrades and additions require a significant investment, but others do not require spending a fortune, but they still yield a high return on investment.

Appraisal 249

Appraisal Investing Renovations Buyers 249

Boston Appraisal

NOVEMBER 9, 2023

The effect that home improvements have on an appraisal can vary depending on the type of improvement, the quality of the work, and the local real estate market. What are some common home improvements that can increase appraisal values? What are some common home improvements that can increase appraisal values?

Home Improvement 78

Home Improvement Appraisal Renovations Real Estate 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

Eppraisal

APRIL 9, 2024

Renovations are a great way to boost home value and aesthetics. Here are some home renovation truths to prepare you for such an undertaking. For example, major renovations may require temporary housing, which can be a significant expense. You may be ready for the hassles of renovation, but they’re not.

Renovations 68

Renovations Supply Chain Home Value Construction 68

Eppraisal

NOVEMBER 21, 2023

While personal enjoyment is undoubtedly a priority, the return on investment (ROI) becomes a crucial factor, especially for those considering selling their homes in the future. Investing in a curb appeal overhaul is a wise choice. Integrating smart home technology can give your property a modern edge in the real estate market.

Home Improvement 68

Home Improvement Home Value Modernization Investing 68

Eppraisal

NOVEMBER 5, 2024

Sustainable Choices: Making Green Renovations a Smart Investment Homeowners are becoming increasingly environmentally conscious, and this trend is spilling over into home renovations. A well-planned renovation can significantly increase a home's worth, while a poorly conceived project could result in minimal returns.

Home Value 36

Home Value Renovations Modernization Buyers 36

Raleigh Realty

APRIL 19, 2022

They can lead to more efficient homes, lower utility bills, and a greener environmental outlook. Just like a garage or a carport, environmental home renovations help to improve home value. Reused and Recycled Materials Even if you’re building an entirely new home, take advantage of recycled materials.

Renovations 78

Renovations Construction Home Improvement Government 78

Zillow

MARCH 13, 2018

The easy part is knowing your goal for home remodeling - whether you’re trying to keep up with your growing family, add office space, modernize dated features or generally increase your home’s value. Here are five key steps in planning your home remodeling project. The highest return on investment?

Renovations 50

Renovations Contracts Modernization Investing 50

Appraisal Hub

OCTOBER 16, 2024

Understanding the true value of your property can make all the difference when it’s time to sell, buy, or invest. Assessing recent upgrades: If you’ve made home improvements, an appraisal will show how those changes have impacted your property’s value.

Property Appraisal 78

Property Appraisal Appraisal Renovations Market Value 78

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. Taking the time (and spending the money) to renovate before selling might cause you to miss out on this chance. Keep 2 things in mind if you’re planning to sell this season.

Renovations 43

Renovations Home Improvement Loan Officers Real Estate Agent 43

PennyMac

JANUARY 2, 2024

Do you know the return on investment (ROI) of your renovation project? Some renovations can make your home more valuable. If you’re investing in a home renovation in hopes of recouping that money when you sell, it’s important to research and plan ahead before you begin to ensure you’re spending your money wisely.

Home Improvement 36

Home Improvement Renovations Inspection Investing 36

Chicagoland Appraisal Blog

MAY 13, 2021

Your home may be your favorite place to be, but it’s also an investment. Like any other investment, you want to know its value with some reliable degree of accuracy. A home appraisal is an unbiased opinion of a home or property’s value. This is helpful whether you intend to stay in your home or wish to sell it.

Appraisal 88

Appraisal Renovations Home Value Real Estate 88

Eppraisal

MARCH 5, 2024

Home renovations can completely transform your living spaces, turning outdated rooms into modern, functional areas that reflect your style and meet your needs. Whether a complete kitchen remodel, a bathroom update or adding a fresh coat of paint, each project can breathe new life into your home.

Renovations 36

Renovations Modernization Market Value Investing 36

Eppraisal

DECEMBER 22, 2023

Home improvements matter in real estate listings because they enhance your property’s value and attractiveness. Making strategic upgrades is essential because it helps your home stand out, making it more appealing to potential buyers.  These  Homes with strategic improvements tend to sell more quickly.

Home Improvement 36

Home Improvement Real Estate Modernization Renovations 36

PennyMac

JULY 21, 2021

Kitchen and bathroom updates are some of the first ideas that usually come to mind, but you can get great returns from making outdoor renovations and improvements. We talked to real estate and renovation experts to gather their tips and insights on renovation projects for your home’s exterior living space.

Renovations 36

Renovations Real Estate Investing Design 36

Zillow

FEBRUARY 15, 2019

If you’re feeling discontent with your home, you may be thinking about renovating … or getting out entirely. But before you knock down walls or put your home on the market, check out our quiz - it could help you think differently about your situation. Should You Renovate or Sell? Consider renovating.

Renovations 36

Renovations Home Improvement Inspection Real Estate 36

McKissock

DECEMBER 20, 2020

In order to do this, homeowners may have to make renovations to the interior or exterior of their property. However, they are often working with limited budgets, which means that they need to focus on the most cost-effective renovations that will produce the greatest return on their investment. Showcase The Kitchen.

Renovations 94

Renovations Buyers Real Estate Agent Decorating 94

Assurance Financial

MARCH 18, 2021

If you have equity in your home, you may be able to leverage it through a refinance. Your home is likely your largest asset and most long-term investment, and refinancing your mortgage may allow you to get the most out of your investment. Make a Capital Home Improvement. Building an addition or new bedroom.

Property Taxes 85

Property Taxes Renovations Home Improvement Mortgage 85

D Fritz Appraisals

AUGUST 19, 2020

Home buyers now look for smart features and eco-friendly options meant to reduce their carbon footprint, such as the new Tesla solar roof , smart thermostats, energy smart appliances and tankless hot water heaters. These initial investments in new technology dramatically reduce consumption and increase property value.

Renovations 78

Renovations Home Improvement Technology Investing 78

Realtor

MAY 10, 2018

If siblings agree to keep the home, what usually happens is that the workload isn’t even—maybe one sibling lives in a different state than the home—and soon brothers and sisters find themselves battling over money or time spent looking after the house. Another consideration is how much of an outdated wreck the home is.

Real Estate Agent 83

Real Estate Agent Renovations Real Estate Agents 83