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. ranking bedroom count as the most important feature.

Buyers 418

Buyers Renovations Housing Market Home Improvement 418

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

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

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

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. Four renovations to consider before selling your house. A turnkey home is a property that doesn’t require any major repairs or renovations.

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. . Renovations Can Be Beneficial. Certain home improvements are considered “capital improvements.”

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

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

DECEMBER 1, 2022

Austin fintech startup Hitch has rolled out a HELOC platform to help homeowners tap into more than $100 billion in government grants available for home renovation. Established at the start of 2022, Hitch will give qualified owners access to up to 90% of the equity locked in their homes, the company said Thursday.

Renovations 468

Renovations Home Improvement Government Tools 468

Housing Wire

FEBRUARY 6, 2024

“People are usually remodeling their homes every 10, 15, 20 years. 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

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

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 369

Marketing Construction Renovations Home Improvement 369

Appraisal Buzz

MARCH 31, 2022

In light of a difficult housing market filled with high home prices and low supply, Discover Home Loans issued a survey to better understand homeowners’ attitudes towards home improvements, purchasing and refinancing. In some … The post Homeowners Look to Renovate Than Relocate appeared first on DSNews. “In

Renovations 150

Renovations Home Improvement Housing Market Appraisal 150

Appraisal Buzz

OCTOBER 2, 2024

The housing market remains in a gridlock as homeowners, faced with high mortgage rates and soaring home prices, find themselves unable to move. As of June 2024, existing-home sales dropped by 5.4% 90% of those hoping to move say they need rates to fall below 6% to consider purchasing a new home within the next 6-12 months.

Renovations 370

Renovations Housing Market Home Improvement Inventory 370

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 308

Renovations Appraisal Home Improvement Buyers 308

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

Housing Wire

JULY 6, 2023

The nation’s housing industry has entered a new normal in which the dynamics of the market appear perplexing — marked by high mortgage rates and high home prices, along with shrinking mortgage originations. The perplexing part: Why are home prices not declining in this environment? Just because there’s vacant homes in the U.S.

Inventory 488

Inventory Renovations Real Estate Government 488

Appraisal Buzz

JUNE 25, 2024

Nonetheless, first-time homeowners are taking the procedure seriously, probably as a result of the high cost of homes in the current economic climate. Home Improvement Projects Play Their Part in Growing Home Costs Home improvement initiatives are frequently associated with buying a new home, such as installing new appliances.

Home Improvement 370

Home Improvement Buyers Renovations Inspection 370

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

Finance of America said it puts the company on the path of becoming a “top-five performer” in the segment, which has grown to roughly 20% of the overall mortgage market. The firm said Tuesday it expects to make additional acquisitions in the future.

Finance 370

Finance Retail Lending Renovations 370

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.

Renovations 96

Renovations Marketing Real Estate Agent Sellers 96

Appraisal Buzz

AUGUST 15, 2024

To serve this role, LOs need to have a deep understanding of various products in the market, as well as the state of market conditions themselves. This is a good option for customers wanting to consolidate high-interest debt or finance home improvements.

Loan Officers 407

Loan Officers Clients Home Improvement Insurance 407

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

Raleigh Realty

JULY 12, 2022

All that staring at the same walls has probably made many realize — it’s been a while since your home had a fresh coat of paint. If you’re considering a home renovation, you might be looking for some insight on what other homeowners are doing. billion in the United States alone by the end of 2022.

Home Improvement 60

Home Improvement Renovations Construction Supply Chain 60

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? How do appraisers determine the value of home improvements?

Home Improvement 78

Home Improvement Appraisal Renovations Real Estate 78

Cleveland Appraisal Blog

OCTOBER 22, 2021

He originally wrote an article for the Cleveland Appraisal Blog, back in July, entitled “4 Home Repairs You Need to Hand Over to a Professional” I hope you find his new article to be helpful! High-Impact Home Upgrades for Any Budget. Making a few upgrades around the home can be surprisingly affordable!

Home Improvement 221

Home Improvement Appraisal Renovations Modernization 221

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. . Tackling Electrical Projects.

Renovations 243

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. Using this method, the appraiser examines recent sales of similar homes in the neighborhood.

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

Cleveland Appraisal Blog

APRIL 29, 2021

However, that also depends on a lot of other factors: location, other homes on the market, and the way you maintain it. 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. Is there water damage around your windows?

Appraisal 251

Appraisal Investing Renovations Buyers 251

Lamacchia Realty

MAY 23, 2023

WHAT TO KNOW ABOUT HOME RENOVATIONS IN 2023 In recent years, the world has undergone a multitude of changes, and the home renovation industry is no different. Factors such as supply chain disruptions, project delays, and increasing costs have greatly impacted both new construction and ongoing renovation projects.

Renovations 69

Renovations Supply Chain Construction Home Improvement 69

Lamacchia Realty

AUGUST 17, 2021

With current home equity line of credit (HELOC) rates averaging between 1.79% and 7.24%, many homeowners that have been considering using HELOC to fund their home renovations are finally taking the plunge. The Pros & Cons of Home Equity Line of Credit for Home Renovations. Interest rates are low.

Renovations 69

Renovations Home Improvement Home Value Realty 69

Eppraisal

NOVEMBER 21, 2023

In the ever-evolving real estate market, homeowners are constantly seeking ways to enhance the value of their properties. 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.

Home Improvement 68

Home Improvement Home Value Modernization Investing 68

Eppraisal

NOVEMBER 5, 2024

The real estate market is constantly evolving, and savvy homeowners are always looking for ways to maximize their home's value. One of the most effective strategies for increasing a home's appeal and ultimately its price tag is through smart remodeling.

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

Inman

AUGUST 4, 2023

The company intends to prepare agents and homeowners for the "millions of new high-performing homes improved through the Inflation Reduction Act (IRA)," according to an announcement.

Home Improvement 148

Home Improvement Agents Renovations Marketing 148

Cornerstone

MAY 4, 2021

But before you sign any contracts, keep in mind that there’s something unique going on in today’s housing market. 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.

Renovations 43

Renovations Home Improvement Loan Officers Real Estate Agent 43