Housing Wire
JUNE 3, 2022
Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle? An estimated 140,000 renovated properties purchased at foreclosure auction or bank-owned auction were resold to owner-occupant buyers between January 2020 and December 2021.
Housing Wire
AUGUST 29, 2024
However, increased density presents challenges, such as the need for adequate infrastructure, transportation, and public services. At HVPG, we recently completed a renovation at a senior living facility in Jersey City, a city experiencing rapid growth with almost 30% of its current population arriving in 2021 or 2022.
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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and neighborhoods that have housing demand, and where there is positive energy around renovating or repositioning outdated housing stock.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.
Housing Wire
JULY 14, 2022
Senior officials at the Department of Housing and Urban Development , which houses the FHA, said today during a press briefing that it would focus on improving financing for manufactured homes and revamp its renovation financing. A senior HUD official said that updating its 203K program to make it more usable is a “high priority.”
Appraisal Buzz
JUNE 3, 2024
Many current sellers have begun a renovation but have run out of money prematurely as inflation has caused cost overruns and capital is less available to fund shortfalls. Consider the property’s proximity to amenities, transportation, schools, and employment hubs. These sponsors may skip steps and cover up shoddy work.
Housing Wire
SEPTEMBER 29, 2021
This multiyear project goes beyond renovation. They enjoy attractive homes, open spaces, access to transportation and services, and most of all, a sense of pride and hope. It’s revitalization that’s changing the neighborhood, the lives of its residents and the workers performing the construction.
Boston Appraisal
JULY 13, 2024
Mention features like a newly renovated kitchen, spacious backyard, or energy-efficient windows. List any recent renovations or upgrades, such as a new roof, updated HVAC system, or remodeled bathroom. Include details about the neighborhood, such as proximity to schools, parks, public transportation, and shopping centers.
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