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 443

Renovations Home Improvement Marketing Finance 443

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

OCTOBER 10, 2023

Being able to provide data-driven home improvement recommendations can help agents build credibility with potential clients, sell homes faster and for more money, and ultimately win more listings. When making pre-listing repairs or renovations, different projects can result in vastly different returns.

Home Improvement 482

Home Improvement Real Estate Agent Sellers Real Estate 482

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.

Renovations 523

Renovations Home Improvement Inventory Housing Market 523

Housing Wire

JANUARY 9, 2025

This finding likely stems from an increase in renovation costs over the past three years, forcing some buyers to pursue costly financing sources to improve their homes. A study by online home improvement platform Houzz highlighted a 60% increase in renovation expenses between 2020 and 2023.

Buyers 418

Buyers Renovations Housing Market Home Improvement 418

Housing Wire

NOVEMBER 15, 2024

If the home you’re hoping to buy doesn’t have the accessibility you’re looking for, you’ll want to check with a contractor to see what kind of renovations are possible,” the story said. In 2021, Lowe’s established a single stop for items including wheelchair ramps and shower benches, the AP reported.

Design 435

Design Renovations Retail Home Improvement 435

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

FEBRUARY 26, 2025

According to study data published by RentRedi , most American real estate investors intend to increase their portfolios and make large investments in renovating their existing properties in 2025, exhibiting a strong growth mindset. Some 27% of landlords nationwide intend to make renovations totaling at least $20k per property.

Real Estate 327

Real Estate Investors Landlords Renovations 327

Housing Wire

APRIL 14, 2025

A majority (71%) have researched their homes value, while 61% have looked into values across a neighborhood. More than one-third have already made home improvements to boost appeal. Most of these projects were minor updates such as repainting or landscaping, completed by 70% of those who renovated.

Sellers 286

Sellers Renovations Inspection Home Value 286

Appraisal Buzz

NOVEMBER 15, 2024

Homeowners of all generations are utilizing HE Loans or HELOCs to take advantage of their increasing equity as home values continue to climb. Forty-three percent of people who are remodeling or intend to renovate their homes are doing so in order to raise their home’s equity.

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.

Investing 370

Investing Renovations Retail Technology 370

Housing Wire

MAY 28, 2021

Four renovations to consider before selling your house. A turnkey home is a property that doesn’t require any major repairs or renovations. A turnkey property is usually ideal for homebuyers looking for an investment property, or those who don’t want to take on home improvement projects. Projects to avoid.

Renovations 508

Renovations Home Improvement Real Estate Agent Real Estate 508

Housing Wire

AUGUST 27, 2021

Renovations Can Be Beneficial. Certain home improvements are considered “capital improvements.” that falls under “capital improvements.” If you refinance your home after you’ve made upgrades, your home will most likely appraise higher than when you bought it. Sliding Replacement. Bottom Line.

Renovations 459

Renovations Home Improvement Investing Home Value 459

Housing Wire

MAY 22, 2024

“The demand for inconspicuous safety bars, lower sinks, residential elevators and other amenities has given home improvement chains, contractors, designers and architects a noticeable lift.” 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

Appraisal Buzz

MAY 10, 2021

The lending and services platform Finance of America has introduced a home improvement financing product offered to consumers through approved contractors. The post New Service is Designed to Help Homeowners Renovate appeared first on DSNews.

Renovations 195

Renovations Design Home Improvement Finance 195

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

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

Appraisal Buzz

APRIL 14, 2025

Hopeful Sellers Looking to List Homes, But Many Remain Locked In by Mortgage Rates In order to prepare their house for sale, one in three prospective sellers (38%) has performed some kind of home improvement.

Sellers 195

Sellers Renovations Inspection Real Estate Agent 195

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 20, 2024

The 2017 law also made interest from home equity loans non-deductible except for when the money is applied to home improvements or renovations. The eligible deduction was lowered from total mortgage balances of $1 million under prior law to $750,000.

Mortgage 497

Mortgage Bracketing Law Property Taxes 497

Appraisal Buzz

JULY 7, 2022

homeowners has found that more than half polled believe that their home improvement and home renovation projects will take longer than originally estimated. The post Home Renovations: A Time-Sensitive Proposition appeared first on DSNews. A survey of 1,000 U.S.

Renovations 150

Renovations Home Improvement Appraisal 150

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.

Renovations 150

Renovations Home Improvement Housing Market Appraisal 150

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

Inman

JANUARY 17, 2023

The new partnership will allow Sold.com partner agents to refer their clients more easily to Revive's renovation network.

Renovations 158

Renovations Clients Agents Home Improvement 158

Appraisal Buzz

OCTOBER 2, 2024

Only 11% of homeowners are looking to access home equity, and 8% feel their current home is too expensive. Renovations could offer a solution to homeowners stuck in place due to size concerns. 66% of homeowners plan to undertake home improvements in the next 12-18 months, with 39% planning to use cash for their projects.

Renovations 370

Renovations Housing Market Home Improvement Inventory 370

Appraisal Buzz

JUNE 25, 2024

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. At first, only 53% of homeowners thought that owning a house would be fun.

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

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

Housing Wire

APRIL 2, 2021

Two weeks ago, the firm launched a home improvement vertical with the $45 million acquisition of Renovate America ‘s Benji business line. Led by CEO Patricia Cook and founding chairman Brian Libman, Finance of America has been awfully busy ahead of the merger and IPO.

Finance 367

Finance Renovations Investors Retail 367

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. The firm said Tuesday it expects to make additional acquisitions in the future.

Finance 370

Finance Lending Retail Renovations 370

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

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

Inman

JANUARY 17, 2025

Kheyfets spent seven years as Block's Chief Operating Officer, and prior to that, led North American growth for Tractable, a unicorn in the AI accident and disaster recovery space.

Renovations 158

Renovations Home Improvement Technology 158

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

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

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 364

Marketing Construction Renovations Home Improvement 364