Housing Wire

FEBRUARY 6, 2025

Equity solutions Home renovations and debt consolidation are two avenues toward financial prosperity for borrowers. But not all Realtors understand or offer non-QM loans to their clients. Non-QM products can help build relationships with the top Realtors in the market, alongside other advisors and professionals. Its simple.

Mortgage 343

Mortgage Training Construction Investors 343

Housing Wire

SEPTEMBER 17, 2024

Curbio, a home renovation startup that specializes in pre-sale work, has agreed to settle fraud allegations made by the Office of the Attorney General for the District of Columbia. The AG also accused the company of acting as an unlicensed lender and performing subpar renovations. As part of the settlement, Curbio agreed to pay $7.5

Renovations 434

Renovations Realtors Real Estate Agent Contracts 434

Housing Wire

JANUARY 30, 2025

If you’re a loan officer, you should have a construction product that focuses on builders, developers and Realtors. So, people are gonna have to tap into their equity for renovations, debt consolidation and better cash flow. For example, 30% of purchase transactions were new construction last year.

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Construction Marketing Investors Renovations 338

Housing Wire

SEPTEMBER 11, 2024

This is according to an article published by Kiplinger , which took a closer look at the dynamics associated with the cost of living, and the kinds of renovations needed needed to facilitate aging in place versus another arrangement. But renovations can also be grander.

Business 468

Business Renovations Finance Clients 468

Housing Wire

FEBRUARY 25, 2025

Kiavi recently announced an expansion to 13 more states, increasing their loan volume by 46%, in turn creating more reliable capital for realtors. Buy-Rehab-Rent-Refinance (BRRR) method: Investors use hard money loans to acquire and renovate rental properties before refinancing with a long-term mortgage. The proof is in the pudding.

Renovations 368

Renovations Real Estate Investors Investing 368

Housing Wire

DECEMBER 30, 2022

Temporary rate buydowns that lower mortgage rates during the initial period will be products LOs will be pushing for, as well as diversification of mortgage products that include renovation products or construction loans. Instead, they’ll be seeking to renovate their homes.”. He hit a record $2.47 Rates would average 5.2%

Renovations 435

Renovations Realtors Construction Mortgage 435

Housing Wire

JUNE 10, 2024

By and large, seniors are opting to remain in their homes — and even to undertake significant renovations to them — to avoid moving to such facilities, according to recent reporting from The Associated Press. But not all boomers and millennials are locked into this dynamic.

Housing Market 488

Housing Market Renovations Inventory Realtors 488

Housing Wire

MARCH 27, 2025

Its proprietary AI technology can also remove furniture, declutter listing photos and create realistic renderings of landscaping and exterior renovations. Data from the National Association of Realtors (PDF) shows that 81% of buyers think home staging helps them visualize living in the home.

Decorating 329

Decorating Design Real Estate Real Estate Agent 329

Housing Wire

OCTOBER 15, 2024

Compared to the $393,500 median sale price of an existing home during that same period, according to the National Association of Realtors, buyers will pay almost 10% more when purchasing new construction. Renovating to modernize can add to the long-term cost of a resale home.

Construction 488

Construction Buyers Agents Marketing 488

Housing Wire

SEPTEMBER 13, 2023

Amazon cites data from the National Association of Realtors (NAR) attributing affordability challenges to the “combination of rising interest rates and increasing home prices” in a majority of U.S. the Douglass Community Land Trust in Washington, D.C. and The Housing Fund serving Nashville. metropolitan areas.

Renovations 418

Renovations Retail Investing Design 418

Appraisal Buzz

JUNE 14, 2024

Competing against cash offers … enhancing buyer competitiveness: The prevalence of cash offers in today’s market cannot be overstated, with the National Association of Realtors (NAR) indicating that 28% of home purchases in April were all-cash transactions. This represents a competitive challenge for buyers relying on financing.

Marketing 396

Marketing Renovations Construction Finance 396

Housing Wire

OCTOBER 6, 2023

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices. “Brokers need now to control things they can control, like their costs, and give the consumer options.”

Mortgage 493

Mortgage Real Estate Agent Renovations Finance 493

Housing Wire

JANUARY 30, 2021

Four renovations to consider before selling your house. In fact, according to a report from the National Association of Realtors, over half of seller’s agents say staging either slightly or greatly decreases a property’s time on the market. . Fortunately, there are some easy ways to prevent all that. These six strategies can help.

Renovations 493

Renovations Buyers Agents Real Estate 493

Housing Wire

OCTOBER 28, 2021

Top markets for affordable renovated housing inventory. Despite the rapidly deteriorating affordability, there is some hope for homebuyers in the form of renovated homes: properties that have been rehabbed into move-in ready condition after being purchased at foreclosure auction or bank-owned (REO) auction.

Inventory 448

Inventory Renovations Contracts Buyers 448

Housing Wire

APRIL 27, 2021

Atlas Real Estate and DivcoWest declared last week that they will spend $1 billion “acquiring and renovating homes in high-growth states including Colorado, Arizona, Idaho, Nevada, and Utah,” according to a press release. for the last two months, according to the National Association of Realtors.

Real Estate 370

Real Estate Renovations Retail Inventory 370

Housing Wire

JANUARY 14, 2025

Professional home flippers focus on cities and neighborhoods that have housing demand, and where there is positive energy around renovating or repositioning outdated housing stock. Knowing which properties to pursue is key, or there may be some difficulty finding a buyer when the renovation process is completed.

Marketing 397

Marketing Renovations Investors Transportation 397

Appraisal Buzz

MARCH 3, 2025

The GSEs are even taking notice of the trend and expanding policies for broader mortgage possibilities, with programs like Freddie Macs CHOICERenovation Mortgages and Fannie Maes HomeStyle Renovation program. For lenders, this also comes with the opportunity to educate borrowers.

Construction 248

Construction Appraisal Legal HOA 248

Housing Wire

AUGUST 22, 2022

“Our mission is to help homeowners unlock their home equity to better manage their finances – whether it’s for home renovations, paying for tuition, debt consolidation, or other events to support your family and life’s great adventures,” Schacknies said in a social media post. Schacknies stepped down.

Renovations 370

Renovations Realtors Real Estate Tools 370

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. Where might added inventory come from, if the bulk of existing homeowners continue to remain on the sidelines?

Inventory 488

Inventory Renovations Real Estate Government 488

Housing Wire

JULY 21, 2022

The extra margin will give him and his students a cushion in case of a retail market correction, which would impact the price at which they’re able to sell renovated homes to owner-occupant buyers. “Up Up through May our sale price (on the properties we sell post-renovation) was still going up. I think we’ll see the end of that.

Housing Market 435

Housing Market Buyers Marketing Retail 435

Housing Wire

APRIL 14, 2022

Cutting another $35 billion from the Fed’s monthly MBS purchase tally will create a lot of new supply in the market, which will likely further increase pressure on interest rates, which could be amplified by other potential world events, Lawrence Yun, chief economist for the National Association of Realtors , recently told HousingWire.

Mortgage 448

Mortgage Government Renovations Buyers 448

Housing Wire

NOVEMBER 8, 2023

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. “Significant untapped growth potential,” touts a slide in an Offerpad Solutions Inc. “The largest, undisrupted market in the U.S.,”

Marketing 448

Marketing Inventory Renovations Investors 448

Housing Wire

OCTOBER 3, 2023

So, we are looking at acquisitions for sure, but we are not looking at portals like Realtor or Zillow. Our overall residential traffic for all our sites is now at 160 million unique visitors a month, so we are clearly attracting a lot of folks to our sites and creating a lot of value for the agents.

Buyers 435

Buyers Real Estate Agents Business 435

Housing Wire

MAY 11, 2021

For example, a newly renovated home 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. . Realtor Comments Hold Vital Info. Many factors contribute to the process of determining the value of a residential property.

Valuation 397

Valuation Inspection Renovations Appraisal 397

Housing Wire

OCTOBER 20, 2023

According to a 2022 tech survey conducted by the National Association of Realtors ® (NAR), a growing number of real estate agents attest to social media’s positive impact on their business. Take the time to educate your audience about common home renovations, and it can help or hurt them if they decide to sell their house in the future.

Real Estate 435

Real Estate Agents Real Estate Agent Decorating 435

Housing Wire

SEPTEMBER 22, 2022

I go into real estate offices and Realtors have zero listings for the week,” said the LO, who requested anonymity to protect the business of her partners. “I I produce, I have 20-plus years of experience and I’m very involved in the local Board of Realtors.”. People just aren’t moving, and who’s trying to get a refi now? “I

Mortgage 397

Mortgage Loan Officers Inventory Retail 397

Lamacchia Realty

FEBRUARY 8, 2022

Because of this, many buyers going through the home buying process are becoming more open to a house that needs renovations. Purchasing a home that requires renovations and repairs might seem overwhelming, but with these tips, the process of purchasing a fixer-upper and making those first repairs is much more manageable.

Renovations 74

Renovations Buyers Finance Home Improvement 74

Housing Wire

SEPTEMBER 23, 2022

In terms of the impact on young and first-time homebuyers, the National Association of Realtors (NAR) found in a 2022 report , “millennials now make up 43% of homebuyers – the most of any generation – an increase from 37% over the previous year.”.

Inventory 370

Inventory Housing Market Investors Investing 370

Housing Wire

FEBRUARY 8, 2024

Jane Doe is an industry-leading Realtor with a talent for selling unique properties.” Buzzwords to use Try these buzzwords and phrases to reference your accreditations and designations: “Jane Doe is a member of the REALTOR® Association of Pittsburgh.” “In Jane Doe specializes in luxury markets.”

Real Estate Agent 435

Real Estate Agent Real Estate Agents Clients 435

Lamacchia Realty

MAY 6, 2021

HOME RENOVATIONS IN 2021. As we begin to see the other side of the pandemic and throughout the past year, the home improvement and renovation industry is seeing an extremely high demand for tools, materials, and home improvement service providers. Cost of Materials. The cost for lumber is 3x higher than it was last March.

Renovations 68

Renovations Buyers Home Improvement Realty 68

Housing Wire

JULY 10, 2024

What renovations or updates have you made that you believe could add value to your home? Repairs, renovations and updates – Discuss any repairs, renovations or updates (both big and small) that could significantly increase the selling price of your client’s home. Are you looking to upgrade or downsize?

Sellers 435

Sellers Real Estate Agents Clients 435

Housing Wire

JANUARY 31, 2023

So, we are constantly communicating with builders, and even calling Realtors telling them we have builder products,” Reich said. However, had said he kept his ears open for an opportunity to move over to Mann Mortgage, which closed construction and renovation loans in-house. In-house is key.

Mortgage 418

Mortgage Loan Officers Retail Finance 418

Lamacchia Realty

MAY 23, 2023

WHAT TO KNOW ABOUT HOME RENOVATIONS IN 2023 In recent years, the world has undergone a multitude of changes, and the home renovation industry is no different. Factors such as supply chain disruptions, project delays, and increasing costs have greatly impacted both new construction and ongoing renovation projects.

Renovations 69

Renovations Supply Chain Construction Home Improvement 69

Housing Wire

FEBRUARY 1, 2024

The Brookings Institution summed it up well: “Today, downtown Detroit is nearly unrecognizable from previous decades, with new features such as the QLine streetcar system, a renovated Detroit Tigers ballpark, a riverwalk, and Campus Martius Park. Recently, as a Realtor, I reached out to my network to help sell my grandmother’s Detroit home.

Real Estate 435

Real Estate Appraisal Insurance Training 435

GoForrmz

DECEMBER 5, 2024

As we approach 2025, realtors, property managers, and other real property professionals must stay ahead of the curve by adopting innovative tech solutions to keep up with their competition and the demands of an advancing market. AR takes this a step further by enabling clients to visualize renovations or furniture placement within a property.

Real Estate 78

Real Estate Property Management Tools Clients 78

Housing Wire

JANUARY 6, 2023

Connie Kim: Then who are your main referral partners – Realtors? Attorneys, Realtors and clients essentially are a big part of our repeat business – managing them a little bit differently, managing them a little bit better, and helping them out in different ways — tweaking things that fell by the wayside during a very, very busy time.

Business 435

Business Loan Officers Clients Inventory 435

Housing Wire

JANUARY 28, 2025

A Home Depot gift card ($50-$500) Home Depot is like Mecca for new homeowners, even if they’re not planning a major renovation. She offers a 15% discount for Realtors that includes a money-back guarantee. You can find well-reviewed landscapers on sites like Yelp or Angi , or save time by booking directly on Thumbtack.

Real Estate 352

Real Estate Clients Decorating Real Estate Agent 352