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Realestate listing descriptions can be tricky to write, especially for agents who dont have a background in creative writing. Ill teach you how to write a realestate listing description, plus share some creative realestate listing description examples. Why is a good listing description important?
Predictive analytics in realestate combines the use of historical data and algorithms to anticipate future market trends and identify potential sellers sometimes even buyers, too. Realestate agents can use this data to identify motivated sellers and people who are likely to buy a home.
Revive has released a new tool named “Revive Vision AI” designed to assist realestate professionals in property valuation. 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.
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. The Seattle area is a hot housing market. year over year.
Realestate farming, otherwise known as geo-farming, is a dependable lead generation method that can help to create a steady pipeline of realestate leads and clients in your area. If you want to add effective realestate farming tips, tools and tactics to your marketing arsenal, our guide will show you how it’s done.
The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes in economically distressed communities. This cost gap all-too-often prevents the renovation of affordable houses that need a great deal of work.
Cinch Home Services surveyed over 1,000 homeowners and renters to figure out how important updates are in the homebuying process. And they discovered that a majority of homeowners think upgrading their appliances will increase their homevalue by almost $14,000. . Renovations Can Be Beneficial. Sliding Replacement.
“As Americans continue to amass record levels of equity in their homes, they need tools that increase access and reduce stress, particularly as they struggle to manage high interest rates , inflation , personal debt, and other obstacles to reach their long-term financial goals.”
The pre-sale renovation company's latest use of artificial intelligence could reduce subjectivity the next time a realestate agent prices a home or advises a client, Revive executives said Tuesday.
Major HomeRenovations & 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 homevalue the most.
I don’t think retail is great for anybody right now with rates high and homevalues high, but it’s a good time to be investing in retail,” Michael Dubeck, CEO and president of Planet Financial Group , parent of Planet Home Lending, said in an interview. We’re taking a long-run view that it’s going to pay off.
“We’re giving them an offer to unlock their equity and move forward to make an offer on their next home,” Ryan Raveis, co-president of William Raveis RealEstate, Mortgage & Insurance (WRRE) , said in an interview with HousingWire. billion in closed sales volume in 2020.
Inviting an SFR lawsuit Invitation Homes earlier this year failed to convince a judge to dismiss a pending whistleblower lawsuit filed against the company in federal court in San Diego that alleges it made improvements at scores of properties in California without first securing required building permits.
An historic home in Chicago ’s Austin neighborhood designed by architect Frank Lloyd Wright in 1903 is in serious need of repairs and renovations, but an existing reverse mortgage loan is complicating the process of initiating the work. The home, designed by Lloyd Wright for realestate developer Joseph Jacob (JJ) Walser Jr.,
The realestate 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.
That’s a problem when a typical Colorado home – as defined by Zillow ‘s HomeValue Index – costs more than $528,000. When teachers can’t afford to buy homes, school districts can’t hire teachers. million over that period to acquire 52 units and renovate several of its 50 existing units.
A combination of fast-rising homevalues and the fact that nearly two-thirds of borrowers with at least some home equity have mortgage rates below 4% — and would not benefit from refinancing — is helping to propel a resurgent market for home-equity lines of credit (HELOCs). billion in 2021 to $4.6 a year earlier.
Many factors contribute to the process of determining the value of a residential property. For example, a newly renovatedhome that has a gourmet kitchen and an updated bathroom may be valued more highly than a similar home that possesses only above-average amenities and is in average condition. .
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Which homerenovations will boost your property’s value and put you in a better position to sell? Or, if you’re not selling, how do you rake in even more equity […]
New homes are also more likely than older homes to face heat and flood risk.” Homeowners and renters may not have felt the full impact of climate-related disasters since, oftentimes, they do not end up directly paying for renovations or repairs necessitated by an adverse climate event, Fairweather said.
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Don’t overlook the power that landscaping can have in a competitive realestate market. Join us as we cover 5 standout landscaping tips and backyard landscaping designs to increase your home’s appeal (and value!) Let your budget, timeline and imagination guide your backyard renovation. and make a lasting impact.
Do Wood Floors Increase HomeValue? If you’re thinking about selling your house, one upgrade that can increase your home’s resale value is hardwood flooring. Potential home buyers may be looking for that extra bit of charm that wood floors offer. appeared first on Lamacchia Realty.
Tips for Increasing Your Home’s Value Without Spending a Fortune. Buying a property is not just about creating a home, it is making a long-term investment. 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.
ATTOM , a realestate data provider, reports, however, that the “severe contraction across the lending industry in the fourth quarter of 2022 even hit HELOCs” in terms of origination volume. Unlike fixed-rate, lump-sum second-lien home-equity loans — HELOCs normally carry variable interest rates.
In fact, it’s estimated that owner-occupied realestate accounts for over a quarter of American households’ net worth. It’s no secret Raleigh is an up-and-coming city, but how’s the local realestate market doing? for homebuilding prospects and number two for overall realestate prospects.
Just as we are experiencing a few signs now of the cooling of Fall, we are also seeing some, ever be it so slight, signs of cooling in the realestate markets. We wanted to have a section in our newsletter specific to other appraisers, we can share information relevant to realestate appraisers. Collin County 1.0 | -44.4%
Appraisal Inspection An appraisal inspection is a visual observation of physical factors that will influence value in the market place to include location, size, condition (noting any deficiencies, updates, renovations) and amenities. Code 1410 and are not to be considered a home inspection or home inspection report.”
You don't need a whole renovation — simple changes like replacing worn-out tiles, updating the vanity or adding new faucets can freshen up the space and bring a "return on investment" of over 70%. You'll be amazed at the difference it makes. Revamping the Bathrooms Bathrooms matter, too!
A home appraisal is an unbiased opinion of a home or property’s value. Realestate professionals or other appraisal experts can help you determine the market value of your home. This is helpful whether you intend to stay in your home or wish to sell it. The Value of a Home Appraisal.
It appears that the valuations AVM’s provide are really instruments that are used to attract consumers to their sites, where they collect data on people’s searches, while at the same time offering other realestate services and information. Looking for a qualified realestate appraiser in your area?
In the ever-evolving realestate 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.
Although a standard for measuring square footage isn’t in place, it is important to be as precise as possible when calculating a home’s square feet, as that number can impact homevalues. Hiring an appraiser is typically only helpful if you are selling your home on your own.
Last week we published a post on the type of renovations one needs to make before selling their 20-25 year old house. " Making your property look as modern as possible can potentially help attract more potential buyers and increase your home’s value. If they’re in high demand, renovations might be unnecessary.
Kitchen and bathroom updates are some of the first ideas that usually come to mind, but you can get great returns from making outdoor renovations and improvements. We talked to realestate and renovation experts to gather their tips and insights on renovation projects for your home’s exterior living space.
Homerenovations can completely transform your living spaces, turning outdated rooms into modern, functional areas that reflect your style and meet your needs. Whether a complete kitchen remodel, a bathroom update or adding a fresh coat of paint, each project can breathe new life into your home.
Physical depreciation is the most common cause of loss of value. All homes, that are not new, suffer from physical depreciation, because all homes are only new once. Even if they are completely renovated, they are still not considered to be new. As a home ages, it begins to deteriorate. Do Multiple Offers Matter?
Luke Sharrett for The Wall Street Journal When Blackstone Group LP wanted to borrow hundreds of millions of dollars to buy foreclosed homes after the housing crash, it needed a quick, inexpensive way to value thousands of houses the investment firm already owned and was offering as collateral. Francois Gregoire, a St.
Luke Sharrett for The Wall Street Journal When Blackstone Group LP wanted to borrow hundreds of millions of dollars to buy foreclosed homes after the housing crash, it needed a quick, inexpensive way to value thousands of houses the investment firm already owned and was offering as collateral. Francois Gregoire, a St.
Any easements or encroachments – any part of the property should be accounted for to get the most accurate estimate of the land value. The CMA (Comparative Market Analysis) from your Realtor – review this document to see if you know of any homes that were renovated after purchase.
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