Housing Wire

JULY 24, 2024

If you’ve heard it once, you’ve heard it a thousand times: older Americans overwhelmingly support aging in place in their own homes, with some recent survey data indicating at or over 90% of seniors supporting retirement living in their own homes. More drastic renovations can double or even triple that figure.

Renovations 411

Renovations Home Improvement Retail Design 411

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

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 359

Renovations Home Improvement Marketing Finance 359

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 479

Renovations Home Improvement Real Estate Agent Real Estate 479

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

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

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 430

Renovations Design Home Improvement Advertising 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 545

Sellers Real Estate Agent Real Estate Decorating 545

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 311

Renovations Home Improvement Retail Marketing 311

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 442

Renovations Home Improvement Investing Clients 442

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 371

Buyers Renovations Housing Market Home Improvement 371

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 422

Renovations Home Improvement Government Tools 422

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

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 446

Mortgage Bracketing Law Property Taxes 446

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 383

Design Renovations Retail Home Improvement 383

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

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 367

Renovations Lending Investing Home Improvement 367

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

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 150

Renovations Clients Agents Home Improvement 150

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 120

Renovations Home Value Valuation Market Value 120

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 332

Investing Renovations Retail Technology 332

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 478

Inventory Renovations Real Estate Government 478

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 368

Finance Lending Retail Renovations 368

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

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

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 86

Renovations Appraisal Real Estate Agent Construction 86

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

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 122

Renovations Home Improvement Technology 122

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

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

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 281

Finance Renovations Investors Retail 281

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. Top off your kitchen renovation by installing wood flooring. In a recent video from realtor.com®

Renovations 84

Renovations Investing Modernization Real Estate 84

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

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.

Renovations 243

Renovations Appraisal Home Improvement Client Relationships 243

Appraisal Buzz

MAY 1, 2024

The survey asked consumers a series of questions about their knowledge of home equity loans and home equity lines of credit and on their willingness to use these products for different applications, such as consolidating debt, home improvement and to pay for major life events.

Renovations 195

Renovations Home Improvement Finance Appraisal 195