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The End of the Fixer-Upper?

Appraisal Buzz

Fixer-uppers can be appealing to a first-time buyer trying to get their foot in the door of homeownership, because they offer a lower initial price of entry, said Amanda Pendleton, Zillows home trends expert. home, which seems like a bargain. But that was then and this is nowwhen home value appreciation has returned to earth.

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Remodeling industry could benefit from focus on aging in place

Housing Wire

home remodeling industry report that while market conditions are stalling larger-scale remodeling projects, consumers seeking remodeling work are focused on efforts that could serve to increase home values and to future-proof homes for later life and aging in place. Members of the U.S.

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Homeowners Staying Put Amid Low Housing Supply, Leveraging Home Equity

Appraisal Buzz

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.

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Seattle documents renovation programs, tax relief for aging in place

Housing Wire

The Seattle area is a hot housing market. According to Zillow , the average home price in the Emerald City is currently $884,828 , up 4.3% But a nonprofit organization in the Seattle area is seeking to help more seniors renovate their homes to age safely. year over year.

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How to write creative real estate listing descriptions + examples

Housing Wire

Its your chance to emotionally connect with the buyers and create the desire for them to come see the home in person. A well-written property description also allows you to highlight aspects of the home that would not otherwise be readily available via MLS, such as a newly renovated kitchen or a brand-new septic system.

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Revive launches AI-powered listing tool for real estate agents

Housing Wire

This AI-driven tool uses computer vision technology to evaluate the current condition of a property and provide a detailed assessment of its current market value and potential value post-renovation. It also uses Revive’s recommendation engine to offer renovation estimates supported by local contractors.

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Are home updates actually worth it right now?

Housing Wire

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. . Average cost: $26,214 Average resale value: $18,927 Cost recouped: 72.2%. Sliding Replacement.