Appraisal Buzz

DECEMBER 4, 2024

Average project costs also climbed, reflecting not only inflation in raw materials and labor, but also a shift toward professionally completed renovations. Kitchen renovations topped the list of most expensive projects, averaging close to $43,000. Click here for more on NerdWallet’s look at home renovation trends.

Home Improvement 397

Home Improvement Renovations Finance Housing Market 397

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

MARCH 14, 2025

Floridas housing market will be most impacted, followed by Texas and California, however the effects will differ per state. Economic activity is also significantly influenced by the housing market. But the housing industry has an even greater economic impact. How Will This Affect the U.S. Or Will It?

Insurance 389

Insurance Renovations Sellers Design 389

Housing Wire

AUGUST 19, 2024

All four of those properties were in low-income and minority Census tracts, as defined by the Federal Housing Finance Agency ( FHFA ). Local community developers like Jermaine are dramatically raising the value of the properties they purchase at auction through extensive renovations. I can’t just be a part of that problem.

Renovations 476

Renovations Buyers Development Investors 476

Housing Wire

FEBRUARY 5, 2025

Some emerging risks in the economy and housing market are pushing delinquencies higher, but those higher delinquencies will not likely translate into higher foreclosure auction volume until at least early 2026, Daren Blomquist , the companys vice president of market economics, said in the report.

Retail 417

Retail Renovations Buyers Finance 417

Housing Wire

DECEMBER 17, 2024

The rule applies existing protections for residential mortgages to borrowers who seek PACE loans to upgrade or renovate their homes through clean energy technology. PACE loans which are often used to finance environmentally minded renovations, like the addition of solar panels have led to financial instability for some borrowers.

Mortgage 396

Mortgage Renovations Finance Property Taxes 396

Housing Wire

FEBRUARY 26, 2025

The findings indicate strong confidence in the rental housing market, with landlords prioritizing long-term growth and profitability despite economic and regulatory challenges. Landlords in the Northeast are the most committed to renovations, with 60% planning to spend $5,000-plus per property. A majority of U.S.

Real Estate 308

Real Estate Home Improvement Landlords Investors 308

Housing Wire

FEBRUARY 26, 2021

Try one of these renovations: More for Real Estate Enthusiasts. A homebuyer’s guide to a competitive housing market. Home makeover: Design trends for your house in 2021. Four renovations to consider before selling your house. Want to make sure your home is protected in case the worst happens? Storm shutters.

Renovations 409

Renovations Design Real Estate Insurance 409

Housing Wire

DECEMBER 2, 2020

Construction is starting to pick up, so that should help alleviate things in the housing market. Is now a good time to sell a house? Four renovations to consider before selling your house. Worries about finding a replacement home in a hot housing market. But existing homes? Those are another story.

Housing Market 488

Housing Market Sellers Marketing Renovations 488

Appraisal Buzz

FEBRUARY 6, 2025

Amid the whirlwind of economic forces impacting the housing market, one trend stands out. Multigenerational housing, once a rarity, is now becoming commonplace and reshaping not just how we live, but also how we lend and borrow. There are dozens of scenarios that could cause families to choose multigenerational housing.

Lending 348

Lending Renovations Finance Housing Market 348

Appraisal Buzz

MARCH 20, 2025

Profits and profit margins rose slightly in 2024 on typical buy-renovate-and-resell projects, but margins remained at one of their low points over the past decades, as investors continued struggling to take advantage of the nations housing market boom. Click here for more on ATTOMs analysis of 2024s home flipping market.

Renovations 355

Renovations Investors Finance Property Taxes 355

Housing Wire

JULY 21, 2022

Retail housing market data from June showing early signs of a real estate slowdown was foreshadowed three months earlier in buyer behavior at foreclosure auctions. The downshift in buyer behavior at the foreclosure auction came two months before the downshift showed up in retail housing market data.

Housing Market 435

Housing Market Buyers Marketing Retail 435

Housing Wire

JULY 23, 2021

Competition for home buyers is tougher than ever right now, as tightened housing stock supply continues to plague the housing market. The third way in which Acra is poised to help expand on housing inventory is through its upcoming fix n’ flip loan vertical. Acra Lending is doing what it can to help free up inventory.

Housing Market 459

Housing Market Marketing Inventory Lending 459

Housing Wire

FEBRUARY 21, 2023

Although there have been some recent positive signs in the housing and jobs markets, those signs point to stubbornly high inflation and a corresponding stubbornness on the part of the Federal Reserve to continue raising interest rates over the longer term to fight inflation.

Housing Market 397

Housing Market Renovations Marketing Retail 397

Housing Wire

FEBRUARY 8, 2022

Sue McCormick is doing her part to help solve the nation’s increasingly complex affordable housing puzzle. In 2021, McCormick resold two renovated properties that she originally purchased at foreclosure sale on Auction.com in her hometown of Dayton, Ohio. Both properties sold to owner-occupant buyers for under $150,000 apiece. “I

Renovations 370

Renovations Buyers Development Design 370

Housing Wire

JUNE 24, 2024

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

Renovations 396

Renovations Property Taxes Supply Chain Law 396

Housing Wire

FEBRUARY 28, 2022

Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. Annapolis, Maryland. Manchester, New Hampshire. “We

Housing Market 418

Housing Market Marketing Buyers Agents 418

Housing Wire

NOVEMBER 13, 2024

Making small accessibility improvements or renovations in the home can sometimes be the difference between remaining housed or becoming displaced, according to Erin Izen, executive director of the Home Depot Foundation. 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

OCTOBER 24, 2024

The most powerful evidence of equity stripping shows up in subsequent resales (flips) of pre-foreclosure purchases that occur within 30 days of the original pre-foreclosure sale — indicating the pre-foreclosure buyer would have little time to add value to the property through renovation. I give them everything. Here are your options.

Retail 448

Retail Buyers Renovations Finance 448

Housing Wire

JULY 22, 2024

Department of Housing and Urban Development (HUD) on Monday announced a new $175 million notice of funding opportunity (NOFO) under its Continuum of Care (CoC) program, which will go toward the development of new rental housing units with “supportive services for people experiencing homelessness ,” the department explained.

Construction 473

Construction Renovations Design Development 473

Housing Wire

OCTOBER 20, 2022

Real estate investors purchasing distressed properties at foreclosure auction have been telegraphing a possible housing market slowdown for the last six months. A deeper dive into foreclosure buyer behavior shows which markets are most likely to see a home price correction in the next six months.

Housing Market 459

Housing Market Buyers Marketing Investors 459

Appraisal Buzz

FEBRUARY 3, 2025

It seems the Big Apple seems to stay on some sort of list when it comes to the housing market, doesnt it? For example, in New York City, tax exemptions of up to 90% are available for renovated buildings that contain at least 25% affordable flats. In a similar vein, the Housing in Downtown initiative in Washington, D.C.,

Renovations 345

Renovations Construction Modernization Inventory 345

Housing Wire

NOVEMBER 22, 2024

These costs include mortgage payments, property taxes, insurance and utilities that must be paid while renovations are performed. Survey respondents cited high holding costs as another key stressor. The average interest rate for a fix-and-flip loan also rose in Q3 2024 to 10%, according to Kiavi.

Investors 434

Investors Mortgage Property Taxes Inventory 434

Appraisal Buzz

NOVEMBER 18, 2024

New owners used their cost savings to renovate and undercut our rent rates. This experience taught me a crucial lesson: in real estate, you must always be prepared for market shifts (because it ALWAYS shifts). Opportunities: Creating a more stable and affordable housing market in the long term.

Development 335

Development Finance Real Estate Housing Market 335

Housing Wire

JUNE 28, 2023

Roughly 80% of real estate investors surveyed are selling single-family homes at or above asking price after fully renovating the properties to make them habitable, according to a report from real estate marketplace New Western. Approximately 55% of survey respondents said location/neighborhood is most important to their buyers.

Investors 397

Investors Housing Market Marketing Renovations 397

Housing Wire

FEBRUARY 25, 2025

Housing markets in much of the country have started tilting in buyers favor, allowing buyers to set the terms they want. That means house hunters dont necessarily need to break the bank for a huge down payment if it makes more financial sense to save some money for things like future home renovations or other investments.

Buyers 322

Buyers Renovations Housing Market Real Estate 322

Housing Wire

MARCH 20, 2025

So, they will have to do some very smart buying and quick renovating to keep the profit rebound going. This year poses significant uncertainty for investors, what with a short supply of homes for sale, declining numbers of low-priced foreclosure properties, mixed economic forecasts, and elevated mortgage rates, he said.

Investors 338

Investors Finance Renovations Buyers 338

Housing Wire

JULY 25, 2023

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. New homes are also more likely than older homes to face heat and flood risk.”

Housing Market 370

Housing Market Marketing Insurance Renovations 370

Cleveland Appraisal Blog

MARCH 30, 2021

So many visitors have stopped by over the years, that they renovated the area to make it more visitor friendly, with better parking and a nicer observation area. This fish phenomenon reminds me of the housing market today. Don’t Stand Too Close To The Housing Market Eruption – Housing Notes by Jonathan Miller.

Housing Market 368

Housing Market Marketing Reconsideration of Value Appraisal 368

Appraisal Buzz

FEBRUARY 25, 2025

Housing markets in much of the country have started tilting in buyers favor, allowing buyers to set the terms they want. That means house hunters dont necessarily need to break the bank for a huge down payment if it makes more financial sense to save some money for things like future home renovations or other investments.

Buyers 377

Buyers Renovations Mortgage Housing Market 377

Housing Wire

MAY 14, 2021

5 tips for buying a home in a seller’s housing market. A homebuyer’s guide to a competitive housing market. And while price matters, it’s easier to renovate a home than pick up and move it to another city. The Age Of The House. More for Real Estate Enthusiasts. How to negotiate your home purchase offer.

Renovations 508

Renovations Modernization Housing Market Real Estate 508

Housing Wire

MAY 8, 2023

That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction. Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I

Inventory 435

Inventory Renovations Supply Chain Buyers 435

Housing Wire

MAY 28, 2021

A homebuyer’s guide to a competitive housing market. Four renovations to consider before selling your house. How much house can you afford to buy? Buying a house that needs work? A turnkey home is a property that doesn’t require any major repairs or renovations. Renovations are also time-consuming.

Renovations 508

Renovations Home Improvement Real Estate Agent Real Estate 508

Housing Wire

JUNE 10, 2024

This is according to a recent column published by Fortune , which examined the dynamics that could contribute to boomers staying in their homes longer while many millennials are challenged to enter the housing market in the first place. Data shared with the outlet indicated that baby boomers make up roughly one-third of all U.S.

Housing Market 488

Housing Market Renovations Inventory Realtors 488

Housing Wire

MARCH 2, 2021

A homebuyer’s guide to a competitive housing market. Four renovations to consider before selling your house. Make Sure You Clean The House. If you have the finances to do so, consider making some light renovations before selling your home. More for Real Estate Enthusiasts. Update What You Can.

Decorating 514

Decorating Renovations Buyers Sellers 514

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. Unlike fixed-rate, lump-sum second-lien home-equity loans — HELOCs normally carry variable interest rates.

Housing Market 370

Housing Market Marketing Contracts Lending 370

Appraisal Buzz

APRIL 11, 2022

The housing market has been a roller coaster ride since COVID-19 began, and it hasn’t shown signs of stopping in 2022. Here are some buyer relocation trends to watch out for in 2022’s hectic real estate market. Millennials Still Prefer Renovating. More Second Home Purchases. 2021 to Jan. Greater Demand for More Space.

Buyers 370

Buyers Renovations Supply Chain Housing Market 370