Housing Wire

OCTOBER 10, 2023

When making pre-listing repairs or renovations, different projects can result in vastly different returns. These are the top five home improvement projects generating the highest ROI that real estate agents should be recommending to their selling clients: Kitchen refresh: 377% ROI Kitchens are often considered the heart of a home.

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Agents Renovation Inspection Construction 447

Housing Wire

JANUARY 9, 2024

For homeowners, ADUs can generate substantial rental income that assists homeowners in covering escalating property taxes and mortgage payments. Importantly, homeowners can also include 50% of their estimated rental income when applying for an FHA renovation loan to construct an ADU, which helps with DTI constraints.

Finance 441

Finance Construction Loans Renovation 441

Housing Wire

NOVEMBER 23, 2021

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.

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Renovation Construction Development Finance 409

Lighter Side of Real Estate

FEBRUARY 7, 2024

If you’re a Baby Boomer, there’s a good chance you own a house that people in younger generations would love for you to sell , but there’s also a good chance that you have no intention of moving. Considering many in that generation are living longer, healthier lives, and own their houses outright, they’re quite comfortable staying put.

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Renovation Equity As-is Sales 101

Bigger Pockets

FEBRUARY 7, 2024

This means the next generation could be facing an avalanche of renovation costs. —many estimates suggest over $17 trillion. Much of that wealth has come from their homes, many of which have been underinvested in over the last few decades.

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Investor Renovation 98

Housing Wire

APRIL 27, 2021

Also in the survey, which polled 2,000 adult homeowners and prospective homebuyers, just 33% of older generations (defined as ages 57 to 75) said community had become more important over the past year. Here is a homebuyer’s guide to navigating bidding wars and low housing supply. Presented by: Citi.

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Equity Banks Lending Renovation 460

Realty Biz

APRIL 12, 2024

million in funding for the construction or renovation of mixed-use developments. This financial support was generated through the sale of tax credits under the Mixed-Use Development Tax Credit Program, with the proceeds being channeled into the Community Revitalization Fund Program. PHFA receives an annual allocation of $4.5

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Development Commercial Renovation Finance 78

Housing Wire

APRIL 14, 2023

For generations, real estate ownership in the U.S. More wealth is created and transferred across generations through real estate than almost any other asset. When marginalized communities don’t own property, they don’t have control over their physical space or the wealth it creates, and they cannot pass it down to future generations.

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Commercial Land Development Industrial 322

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.,”

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Marketing Investor Sales Renovation 399

Housing Wire

JANUARY 4, 2022

publicly traded companies that generate the majority of their revenue from iBuying. Bair has maintained that Offerpad possesses the operational logistics to accurately value homes as well as provide renovation services that prompt a house to resell for a profit. The company plans to expand into additional markets in 2022.

Land 420

Land Renovation Investor Loans 420

Bigger Pockets

NOVEMBER 17, 2023

The BRRRR method, an acronym for "buy, rehab, rent, refinance, repeat," is a strategy for investors to purchase distressed properties at low costs, renovate, rent them out, refinance, and reinvest the proceeds.

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Renovation Investor Marketing 105

Keeping Current Matters

MARCH 18, 2021

However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal market. Spending costly time and money on renovations before you sell might just mean you’ll miss your key window of opportunity. There aren’t enough homes for sale right now. per household.

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Renovation Sales As-is Agents 280

Brownstoner

DECEMBER 21, 2023

Contact Cara at caramia447 [at] gmail [dot] com To say a renovation "revealed layers of history" usually means something good. In the case of a 16-foot-wide 19th century Williamsburg row house that had been in the same family for generations, it was not. Got a project to propose for The Insider?

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Renovation Design 99

Housing Wire

AUGUST 1, 2022

According to IMF data, Rocket generated $37.5 Figure , a lender that focuses on providing HELOCs, said the company’s HELOC product surpassed $325 million in funding volume from the previous month. Data from Inside Mortgage Finance again confirms Rocket as the largest mortgage lender in the U.S. by volume in the first six months of 2022.

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Equity Loans Lending Banks 379

Housing Wire

DECEMBER 2, 2022

From determining when someone may want to begin home renovations to identifying when a family member may be getting ready for college or shopping for a wedding venue, the right data can be used to find those potential candidates who might want to utilize their home equity.

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Marketing Equity Loans Renovation 316

Housing Wire

MAY 3, 2022

She added that funds from the new HELOC product can be used by customers for a variety of purposes, such as consolidating their debt to achieve lower monthly payments, including credit card debt; or to renovate their homes to improve their quality of life. The company recently announced changes in its leadership.

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Equity Loan Officer Loans Technology 393

Housing Wire

NOVEMBER 25, 2020

Following extensive renovations that took nearly a year to complete, the property was resold to an owner-occupant buyer in July 2020. We wanted to invest capital back into the area in which we grew up,” said Wenzel, who is partnering in the venture with a long-time friend who is a designer and general contractor in Connecticut.

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Investor Marketing Renovation New Construction 545

Housing Wire

APRIL 14, 2022

. “As Americans contend with historically high inflation, the combination of rising mortgage rates, elevated home prices and tight inventory are making the pursuit of homeownership the most expensive in a generation.” in March — has sapped strength from the renovation market.

Mortgages 416

Mortgages Fixed-rate mortgage Banks Equity 416

Realty Biz

SEPTEMBER 11, 2023

Introducing Revive Vision AI, a cutting-edge pre-sale home renovation solution by Revive. This innovative tool uses property photos to evaluate a property's current value and renovation possibilities. Revive Vision AI" from Revive is an advanced pre-sale home renovation solution.

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Renovation Sales Technology MLS 96

Housing Wire

SEPTEMBER 19, 2023

Inspecting the interior of the home is a priority in an accurate appraisal, as doing so verifies any renovations completed within the home. At this point, an estimated market value is generated. The appraiser inspects the property An appraiser visits the property and conducts a visual inspection of the home’s condition.

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Agents Inspection Sales Commercial 441

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.

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Lending Equity Development Loans 370

Housing Wire

APRIL 14, 2022

Fannie Mae generated some buzz last week when it announced it would be accepting written attorney opinion letters in lieu of a title insurance policy “in limited circumstances.”. HousingWire wondered: just what were those limited circumstances?

Title 369

Title Loans Land Industrial 369

Brownstoner

JUNE 16, 2023

Tucked behind a picket fence, this tidy brick Italianate in Newburgh offers some picturesque charm and a renovated interior.

Renovation 98

Renovation Marketing 98

RISMedia

AUGUST 2, 2021

In today’s real estate market, one generation stands apart in their desire to move into a renovated home: millennials. It’s unsurprising that more than one-third of the generation who grew up with Instagram and Pinterest are more likely to seek out an upgraded home compared to other generations.

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Renovation Marketing 122

Lab Coat Agents

DECEMBER 6, 2023

His recent collaboration with BoxBrownie.com in transforming a Hollywood Hills property serves as a testament to the transformative power of virtual renovation and staging in the real estate market. He ensured that potential buyers were aware of the virtual nature of the renovation.

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Renovation Sales Staging Agents 52

Fancy Pants Homes

FEBRUARY 13, 2024

million following an extensive renovation that prepares it for the next century. Soske, remarked on the joy the property has brought to his family over generations, expressing his hope that the next owners will cherish and share the historic home with their loved ones for years to come. Owner Stephen E.

Renovation 52

Renovation Design Land Commercial 52

Real Trends

MARCH 7, 2023

Presale home renovation company Revive Real Estate partnered with independent real estate franchise NextHome to provide move-in ready homes to clients of more than 5,500 NextHome agents in 610 offices across 48 states, the companies announced on Tuesday. The company claims that listed renovated homes sell faster than those that are not.

Renovation 80

Renovation Brokerage Sales Construction 80

Realty Biz

SEPTEMBER 28, 2020

With most people spending more time at home due to the pandemic, renovations have suddenly become much more popular. Another motivating factor is the financial benefits of these home renovation projects. Meanwhile, Generation X was more into interior house painting projects, the study found.

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Renovation 104

Keeping Current Matters

DECEMBER 17, 2020

And with many people now spending more time than ever before at home, some homeowners have tapped into their strengthening equity to fund renovations.”. A sharp rise in demand, spurred by record-low interest rates, continues to bolster homeowner equity.

Equity 266

Equity Renovation Mortgages Marketing 266

Marco Santarelli

OCTOBER 22, 2023

This forward-thinking move allows more individuals to take the plunge into income-generating property investments. This change will make it easier for buyers to navigate the real estate market and invest in income-generating properties.

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Loans Pre-approval Principal Mortgages 98

Realty Biz

JULY 14, 2023

When renovating and repositioning your property, here are nine strategies to generate more interest and keep your rentals full. Renovating vs. Repositioning: What's the Difference? Even new landlords are familiar with the concept of renovating a property. In some cases, zoning changes may be needed.

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Renovation Commercial As-is Investor 76

Housing Wire

APRIL 8, 2021

The purchase of a home could mean the beginning, or continuation, of generational wealth for homebuyers and their families. Whether it’s having to ask permission to paint a wall or perform the most basic renovation, renters may be highly restricted in customizing their living space.

Equity 392

Equity Fixed-rate mortgage Principal Mortgages 392

Real Trends

JANUARY 19, 2023

The product, called HOMEBLDR Property Reports, provides real estate professionals with a way to start their own iBuying programs , as well as a way to help their clients renovate and flip houses. This is going to cause both homeowners and real estate professionals to look towards the instant sale transaction process,” Eldibany said.

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Renovation Days on market Finance Technology 92

Realtor.com

MAY 19, 2021

The nation’s largest generation surged into the buying market, thanks to record-low mortgage rates and stay-at-home orders, which gave them the opportunity to save up for a down payment. Additionally, many of them exceeded their budget and ended up in homes needing more renovations than they were prepared for.

Renovation 99

Renovation Inspection Staging Land 99

Realty Biz

FEBRUARY 3, 2022

According to statistics, a flipped property was able to generate a profit of over $70K per property in 2020. Renovation Costs – Investors need to be mindful of the renovation costs that will be involved when doing up a property. Another reason driving flipping is the low cost of renovation.

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Marketing Renovation Investor Commercial 112

Realty Biz

APRIL 19, 2024

Versatility: Roll-off dumpsters can accommodate a wide range of waste materials, from construction debris to household renovation trash, making them versatile for various projects when appropriately sized. These signs should be taken seriously and evaluated by a professional, as they could indicate the need for major foundation repairs.

Construction 101

Construction Inspection Design Renovation 101

Propmodo

APRIL 16, 2024

Building out its tech ecosystem was almost a necessity given the company’s strategy of buying up smaller apartment buildings and renovating individual units on a one-off basis as renters vacate, known widely in the industry as a “value-add” strategy. “We We operate predominantly in a rent-controlled environment.

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Renovation Investor Industrial Title 57