Housing Wire

NOVEMBER 20, 2024

However, homeowners have a unique advantage with home equity products—designed to let residents tap into their home’s equity for cash. Mortgage professionals must keep up with the new demand for home equity products in the new market. That growth presents an opportunity for reverse mortgages and home equity loans.

Finance 370

Finance Marketing Lending Mortgage 370

Housing Wire

JANUARY 15, 2025

As high home prices continue to impact the market, many homeowners are deciding to stay put in their homes. But most still have plans to purse home renovations and younger generations are leading this new focus on home improvement. But renovation plans remained top of mind for most of them.

Renovations 417

Renovations Home Improvement Finance Buyers 417

Housing Wire

FEBRUARY 25, 2025

Home Depot is expects same-store sales in 2025 to be just 1.0% better than this past year, an indication that the housing market will remain slow. While there are signs that the home-improvement market is on the way towards normalization, uncertainty still remains, Chief Financial Officer Richard McPhail said on a call with analysts.

Housing Market 201

Housing Market Home Improvement Marketing Tools 201

Eyes on Housing

JANUARY 16, 2025

The NAHB/Westlake Royal Remodeling Market Index (RMI) posted a reading of 68 for the fourth quarter of 2024, up five points compared to the previous quarter. Remodelers are more optimistic about the market than they were earlier in the year, corroborated by NAHBs recent analysis of home improvement loan applications.

Marketing 208

Marketing Home Improvement 208

Housing Wire

MARCH 19, 2025

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.

Home Improvement 281

Home Improvement Modernization Investing Insurance 281

Housing Wire

JUNE 8, 2021

Regions Bank is looking to make a big dent in the home improvement lending space , striking a deal to acquire EnerBank USA for $960 million in cash. billion as of March 31, 2021 and is one of America’s largest specialized home improvement lenders. billion in home improvement projects.

Renovations 447

Renovations Home Improvement Marketing Finance 447

Housing Wire

NOVEMBER 21, 2024

Additional inventory and more home building activity will help price increases moderate next year.” While the sales pace of existing homes improved in October, properties typically remained on the market for 29 days, up from 28 days in September and 23 days a year ago.

Inventory 370

Inventory Home Improvement Realtors Real Estate 370

Housing Wire

JANUARY 9, 2025

In a challenging and expensive housing market , some prospective homebuyers may compromise on certain standards and features to secure their purchase. The survey questioned respondents on their most important features and standards when shopping for a home.

Buyers 418

Buyers Renovations Housing Market Home Improvement 418

Housing Wire

NOVEMBER 13, 2024

The Home Depot Foundation — the philanthropic arm of the home improvement retail conglomerate — announced that it is investing $10 million for the purpose of enabling older military veterans to age in place in their homes. Home Depot’s recent earnings report could give context to its moves in the housing market.

Investing 370

Investing Renovations Retail Technology 370

Housing Wire

DECEMBER 6, 2024

We’ll also share best practices for developing and sending real estate newsletters and recommend some essential tools to make your email marketing stand out. Save time with pre-written newsletters from Market Leader Don’t have time to write three or more newsletters every month? Lets dive in!

Real Estate 397

Real Estate Clients Tools Sellers 397

Housing Wire

NOVEMBER 4, 2024

Much of this work was conducted on large national listing portals, but I also utilized Altos Research market reports to track home-price and inventory trends in my search area of southern New Hampshire. While I absolutely could have begun my home search with an agent, as a reporter covering the space, I know how busy agents are.

Agents 435

Agents Inspection Real Estate Sellers 435

Housing Wire

APRIL 13, 2023

As homebuilder sentiment in the market for newly built single family homes has started rising in 2023 , so has builder sentiment in the remodeling market. One potential area of growth, given the aging U.S. population, is aging-in-place remodeling.

Marketing 370

Marketing Home Improvement Finance Housing Market 370

Appraisal Buzz

NOVEMBER 15, 2024

According to a recent poll conducted by TD Bank , America’s Most Convenient Bank, two-thirds (66%) of homeowners still consider their homes to be a source of wealth for future generations, indicating that homeowners continue to perceive their houses as strong financial assets in the present market climate.

Renovations 370

Renovations Lending Investing Home Improvement 370

Housing Wire

APRIL 14, 2022

Then, the mortgage industry showed why it is called a cyclical business: in the second half of 2021, the Federal Reserve signaled an increase in interest rates and an easing of the purchase of mortgage-backed securities, choking the refi market. Pennymac estimates it has 17% market share in the correspondent channel, compared to 1.4%

Mortgage 526

Mortgage Marketing Retail Lending 526

Housing Wire

AUGUST 2, 2022

The layoffs come amid a mortgage market downturn and a larger company restructuring, multiple current and former staffers told HousingWire. Besides the downturn in the market, sources said there’s another reason for the workforce reduction: FoA is restructuring its operations.

Marketing 397

Marketing Human Resources Finance Business 397

Housing Wire

JANUARY 23, 2024

Fifty-five percent of surveyed baby boomers plan to remain in their existing homes as they age, but less than a quarter of those surveyed have any plans to renovate their homes to more safely and easily accommodate natural changes that come with aging. The housing market is caught in a generational tug-of-war.

Renovations 523

Renovations Home Improvement Inventory Housing Market 523

Housing Wire

FEBRUARY 20, 2025

As mortgage rates continue to be volatile, our rate sale helps provide relief to customers who entered the housing market when rates were elevated, or help address an immediate cash need, such as for debt consolidation, funding retirement, home improvement, paying off credit cards, etc.,

Lending 328

Lending Home Improvement Home Value Design 328

Housing Wire

MAY 28, 2021

Keep reading to learn whether a turnkey home or fixer-upper is the right option for you: More for Real Estate Enthusiasts. A homebuyer’s guide to a competitive housing market. A turnkey home is a property that doesn’t require any major repairs or renovations. The costs to fix up a home varies. Projects to avoid.

Renovations 508

Renovations Home Improvement Real Estate Agent Real Estate 508

Housing Wire

AUGUST 27, 2021

Should you update your home before putting it on the market? Three in four homeowners say they’d rather replace their appliances than accept a low offer on their home, according to a study by Cinch Home Services. . Certain home improvements are considered “capital improvements.” Sliding Replacement.

Renovations 459

Renovations Home Improvement Investing Home Value 459

Housing Wire

MARCH 10, 2023

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. billion in the fourth quarter of 2021,” a recent market assessment by ATTOM shows.

Housing Market 370

Housing Market Marketing Contracts Lending 370

Eyes on Housing

AUGUST 24, 2023

The residential remodeling market has grown rapidly in the past few years, mainly fueled by changes in housing and lifestyle decisions during the pandemic period. According to National Income and Product Accounts (NIPA), expenditures for residential home improvements soared 13% to $328 billion in 2021, from $289 billion in 2020.

Home Improvement 148

Home Improvement Marketing Construction 148

Housing Wire

AUGUST 4, 2023

The ongoing shortage of housing inventory helped spur an increase in home building and home improvement activity, Kan said. On the housing market, she said that conditions are still favorable for households, supporting housing demand. However, climbing mortgage rates remain a substantial obstacle for homebuyers.

Marketing 368

Marketing Construction Renovations Home Improvement 368

Housing Wire

AUGUST 14, 2024

Leveraging digital marketing assets, telling a rich story and finding cash offers before listing a home were just some of the tips shared this week by the lead-generation panel at the Mega Agent Camp hosted by Keller Williams. We partner with great companies that specialize in how to take the MOFIR to market.”

Real Estate Agent 435

Real Estate Agent Home Improvement Brokerage Valuation 435

Housing Wire

APRIL 8, 2021

Despite ongoing lockdowns, social distancing and cutbacks on how many customers can enter the store at a time, Home Depot still managed to boost customer transactions by nearly 9% from the year prior. The share of people who made improvements to their home that amounted to more than $10,000 was 10%, double that of pre-COVID-19 levels.

Renovations 345

Renovations Home Improvement Retail Marketing 345

Housing Wire

APRIL 15, 2021

Brian Hommel, owner of Saugerties-based Brian Hommel Home Improvement , said his company is booked until September 2022 — and most clients are fine taking the appointments that late. ” The post Kingston is latest hot housing market for those leaving NYC appeared first on HousingWire.

Housing Market 418

Housing Market Marketing Transportation Realty 418

Housing Wire

SEPTEMBER 24, 2024

“Mac has over 25 years of experience in fixed income, capital markets, and investment banking in the mortgage industry,” Beacham said in a statement. Macintosh most recently served as president of the home improvement division at Finance of America.

Investing 433

Investing Home Improvement Finance Business 433

Housing Wire

APRIL 10, 2024

The company also provides commentary for its fourth quarter 2023 financial performance, assesses its market advantages and offers an assessment of impacts stemming from changes in Ginnie Mae ’s Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program. million in fourth-quarter 2023.

Business 448

Business Investors Finance Home Improvement 448

Housing Wire

JANUARY 21, 2025

Furthermore, servicers can leverage these relationships to approach consumers with value-added services including asset protection, insurance products, home improvement loans, and maintenance options. Effective loan servicing positions servicers as reliable advisors for the homeowner.

Mortgage 369

Mortgage Investors Insurance Modernization 369

Housing Wire

JULY 16, 2024

According to RentRedi, the platform provides landlords with a web and mobile app that serves a number of tasks in the process of renting a unit, including collecting rent, marketing vacancies, screening tenants, signing leases and organizing maintenance. NAR has been busy adding partners this year to its Realtor Benefits Program.

Landlords 430

Landlords Tenants Real Estate Agent Property Management 430

Housing Wire

JUNE 10, 2021

According to Zillow and Thumbtack’s Hidden Costs of Selling Analysis , the average homeowner spends over $15,000 in “hidden costs” to sell their home. . From staging fees, home improvements, repairs and seller concessions, there are several hidden costs involved in the selling process.

Sellers 546

Sellers Real Estate Agent Real Estate Decorating 546

Housing Wire

DECEMBER 1, 2022

That is money they’ve earned and saved, and we want to make it as easy as possible to access that for home improvements, debt consolidation, or whatever else they may want to use it for.”. Most non-banks market HELOCs but they are truly offering HELOANs. Hitch has raised $2 million since its launch this year.

Renovations 468

Renovations Home Improvement Government Tools 468

Housing Wire

SEPTEMBER 23, 2020

It allows for actual home improvements to complement contemporary lifestyles. In turn, the program opens access to much-needed renovation capital for borrowers. As with any program, there are parameters, but this one isn’t confined to repairs.

Renovations 544

Renovations Insurance Home Improvement Design 544

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

SEPTEMBER 29, 2022

Amid the most challenging mortgage market in decades, multichannel lender Finance of America (FoA) plans to sell its retail mortgage division and shut down its forward wholesale channel, multiple sources told HousingWire. . “It is company policy not to comment on rumors or speculation in the market,” a spokesperson for FoA said.

Retail 459

Retail Finance Business Home Improvement 459

Housing Wire

MARCH 3, 2022

HousingWire recently spoke with Jon Gerretsen, SitusAMC Managing Director of Residential New Originations and Fulfillment Services, about the home buying boom and how lenders can gain market share and drive profitability in a white-hot purchase mortgage market. It also has a home improvement business.

Finance 397

Finance Investors Mortgage Home Improvement 397

Housing Wire

SEPTEMBER 16, 2021

national increase of existing home sales, we see that, for the fifth year in a row, the largest brokerage firms in the country gained market share. Closed sides were up 15.8% When compared to the 5.6% Sales volume was up an astounding 25.9%. Both of these growth factors are the largest that RealTrends has ever seen in its rankings.

Real Estate 447

Real Estate Business Brokerage Open Houses 447

Housing Wire

JANUARY 30, 2024

Another $700 million is expected to be invested in mortgage lending, with a focus on rural areas, the development of community mortgage loan officers, small-dollar mortgages and home improvement loans, among other products for LMI borrowers.

Investing 433

Investing Mortgage Lending Loan Officers 433