Housing Wire

MAY 17, 2023

Transactions in the fix and flip market have been booming in recent years, with more than 407,000 homes flipped in 2022, up 14% over 2021 and up 58% over 2020, according to a recent report by real estate data firm ATTOM. housing market.” How long that can continue is hard to say.”

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Finance Marketing Lending Investor 365

Housing Wire

FEBRUARY 21, 2023

High-volume home sellers are in a bit of a pickle in today’s market thanks to rapidly rising mortgage rates last year. These are market-based decisions.” Kearney’s simple strategy for surviving as a high-volume seller in an environment where demand has dried up: listen to the market and do what it says.

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Marketing Renovation Investor Sales 376

HomeLight

JANUARY 22, 2024

One of the biggest reasons is people have money in equity in their home, but they don’t have much money in regards to savings to be able to renovate the property,” says Megel. “So, This oftentimes will have to do with unique circumstances that don’t really lend themselves to renovating a property for sale.

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As-is Inspection Equity Renovation 90

Keeping Current Matters

OCTOBER 13, 2021

If you’re a homeowner who wants to add any of the above, you have two options: renovate your current house or buy a home that already has the spaces you desire. The difference in the cost of a renovation versus a purchase. If you decide to renovate, you’ll need to refinance (or take out an equity loan) to access the equity.

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Renovation Equity Mortgages Design 274

Housing Wire

JULY 3, 2023

PrimeLending , a Texas-based retail mortgage bank, aims to expand its market share by growing within its existing footprint in a margin-thinning environment. We’ll reach out to those loan officers in markets where we have existing retail branch locations. The goal is to expand its overall market share to 1% this year from 0.6%.

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Loan Officer Marketing Pre-approval Fixed-rate mortgage 360

Keeping Current Matters

AUGUST 12, 2021

In the current sellers’ market, many homeowners wonder what, if anything, needs to be remodeled before they list their house. They can help you think through today’s market conditions and how they impact what you should – and shouldn’t – renovate before selling. Above that, and we’re in a buyers’ market. Bottom Line.

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Renovation Design Sales Marketing 255

Housing Wire

JANUARY 5, 2024

Few things affect the real estate market more than the rise and fall of interest rates , which has a ripple effect that directly influences everything from buyer behavior to market trends. Lower interest rates tend to create a more dynamic and competitive market for buyers and often result in an eventual rise in home prices.

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Fixed-rate mortgage Agents Marketing Lending 432

Realty Biz

AUGUST 3, 2023

In recent years, virtual renovation has emerged as a groundbreaking tool that allows homeowners, designers, and contractors to visualize and plan home renovation projects in a virtual space. Benefits of Virtual Renovation Cost-Efficiency : Reduces the risk of costly mistakes. Steps to Virtual Renovation 1.

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Renovation Pre-approval Investor Construction 77

Housing Wire

AUGUST 4, 2023

On the housing market, she said that conditions are still favorable for households, supporting housing demand. Another outcome will be that affordable markets, such as those in the Midwest, will continue to see an outsized level of housing activity for both homeowners and renters, she said.

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McKissock

JULY 18, 2021

When the seller’s market is this hot, is it still necessary to renovate a seller’s home before it hits the market? But just because the ball is already in the seller’s court, so to speak, is it enough to justify skipping renovation altogether? Consider Your Market.

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Renovation Marketing Agents Sales 96

RIS Media

AUGUST 9, 2021

But just because the ball is already in the seller’s court, so to speak, is it enough to justify skipping renovations altogether? Right now, sellers who don’t have the budget for a full home renovation need not worry—for the most part. Consider Your Market.

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Renovation Marketing Agents Staging 98

Housing Wire

DECEMBER 2, 2022

It has resulted in a highly competitive market, and lenders recognize the importance of maintaining existing customers in this challenging market. Mortgage volumes are continuing to drop as interest rates continue to rise. Customer retention backed by behavioral data. Identifying HELOC opportunities.

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Marketing Equity Loans Renovation 351

CT Homes

OCTOBER 20, 2023

In the ever-evolving San Diego real estate market, you might find yourself considering the option of selling a house as is. Understanding “As Is” House Sales Selling a house as is means you’re offering the property without committing to any repairs or renovations. Essentially, what you see is what you get.

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As-is Renovation Inspection Sales 74

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. Using a 3-month bank statement program, borrowers who would not otherwise qualify due to lost or nontraditional income may be able to buy a new home and place their own on the market. Jumbo products.

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Marketing Banks Lending Loans 424

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. Price Correction Risk by Region.

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Marketing Investor Renovation As-is 420

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 New Braunfels, Texas.

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Marketing Loan Officer Agents Staging 381

Housing Wire

NOVEMBER 14, 2023

Gen Z — born between 1997 and 2012 — is making waves in the market with their approach to homebuying. This applies to marketing available homes on the market. Here are 14 real estate trends Gen Z buyers won’t pass up. Smart home technology is not optional Gen Z marks the first generation of true digital natives.

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Renovation Technology Design Agents 482

GeekEstate

AUGUST 29, 2022

Through AI, Machine Learning, and image analysis, Plunk Value shows the forecasted value of a fully renovated version of a home, paired with comparative analysis and value drivers explaining which factors drive the home value up or down. The post Unlocking Property Potential with Home Renovations appeared first on GeekEstate Blog.

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Renovation Equity Mortgages As-is 122

C4D Crew

FEBRUARY 16, 2023

When renovating a house, it’s important to slightly mirror the styles that other homes have throughout the neighborhood. In expensive real estate markets, it is common to see extremely high-end, luxurious homes with custom renovations throughout the property. There is pressure to have perfect feng shui at all times.

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Renovation Marketing As-is Sales 52

Realty Biz

SEPTEMBER 29, 2022

If you’re in the process of planning a home renovation, you’re likely feeling both excited and anxious. Renovations can be a great way to update your home and add value to it, but they can also be tricky and expensive if not done correctly. A successful home renovation requires a team of skilled professionals.

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Renovation Loans Finance Design 103

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. This is according to data from Redfin , which conducted an analysis of migration patterns sourced from the U.S.

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Marketing Renovation As-is Mortgages 334

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. Sometimes it results from economic changes.

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Renovation Commercial As-is Investor 75

Realty Biz

JANUARY 10, 2023

After the company has acquired the house, it will repair, renovate, and resell it to another buyer at a higher price. With the needed repairs in mind, research the market value of your home. You can find the market value of your home by contacting a real estate agent or an appraiser. Keep reading to learn more.

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As-is Purchase and sale agreement Renovation Sales 93

Housing Wire

FEBRUARY 6, 2024

Costs for renovation projects can vary based on factors such as location, job size and condition of the home. Only 24% of baby boomers are preparing their homes for aging, and even fewer are adding other safety features, according to the latter study by home improvement services company Leaf Home and market research firm Morning Consult.

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Renovation As-is Marketing 433

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. rebranded as Rithm Capital ). I think in 2023, we’re going to see rates higher for longer,” Toohig concludes.

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Equity Marketing Debt-to-income ratio Lending 367

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. “There is too much distraction in the market; there are some negative folks out there. .

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Mortgages VA loan Finance Loans 464

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. This innovative tool uses property photos to evaluate a property's current value and renovation possibilities.

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Renovation Sales Technology MLS 95

The Residential Specialist

MARCH 16, 2022

Our experts share how to handle renovation properties to get the best results. Every home on the market is not going to be a picture-perfect, immediate sale. Some homes require extensive updates prior to selling, while others must be marketed as purely renovation projects or complete tear-down opportunities.

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Renovation Land Sales Design 95

Realty Biz

SEPTEMBER 24, 2022

Whether you’ve bought a new home, or you’re sprucing up an investment property , home renovations can add immediate and long-term value to your home. With mounting material and labor costs, your renovation dreams can quickly put a strain on your budget. Here are 10 ways to save money on home renovations. They can also be costly.

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Renovation Finance As-is Sales 103

Housing Wire

DECEMBER 12, 2022

The company has cut hundreds of jobs across layoffs in March , May , July and October , underscoring the immense challenges of the current mortgage market. So far this year, the correspondent channel has gained market share on the two other channels, increasing from 23.4% in the third quarter of 2022, according to IMF data.

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Marketing Lending Banks Loans 387

GeekEstate Agents & Brokers

AUGUST 16, 2022

Marketing messaging promises faster sales, speedier loan processing, and quicker closings. Pre-sale renovations — allowing sellers to renovate now and pay later — are maximizing the final price of the home sale, delivering a faster closing, and ultimately creating more wealth. Revive found that renovated homes sell 72% faster.

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Renovation Sales Staging Closing 90

Housing Wire

JULY 20, 2021

Mortgage professionals never know what the industry will throw at them, so staying on top of market shifts can help originators prepare for what’s to come. De-risking efforts by GSEs, migration shifts, demographic changes and more are pushing the market to adapt to meet the needs of today’s borrowers. Changing Borrower Activity.

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Marketing Lending Loans Mortgages 369

Lab Coat Agents

DECEMBER 6, 2023

In a digital age where real estate marketing is rapidly evolving, Tristan Ahumada, Co-Founder & CEO of LabCoat Agents, stands as a beacon of innovation. Cost-Effectiveness: Offering a budget-friendly alternative to physical staging, virtual renovation allows for significant financial savings while still delivering high-impact results.

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Renovation Sales Staging Agents 52

Housing Wire

NOVEMBER 25, 2020

Many real estate investors were serendipitously ahead of this shift even before the pandemic started, driven by both affordability and an affinity for overlooked markets. Currently I’m in some of the Southern markets like Alabama, Mississippi, Texas, Indianapolis, Ohio. See sidebar for more details on these markets.

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Housing Wire

MARCH 14, 2024

We are excited to expand our impact and better serve our target market borrowers.” Change Lending’s services include small-business loans and lines of credit, investor real estate loans, rehab loans and renovation loans, according to its website. The transaction is expected to close in May. “We

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Lending Banks Loans Renovation 378

Realty Biz

AUGUST 25, 2023

Renovations have long been a staple in the world of design and improvement, breathing new life into spaces that have grown tired or outdated. However, in recent years, the art of renovation has evolved significantly. Enter contractors – the modern heroes of renovation who have revolutionized the way we approach remodeling projects.

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Renovation Design Commercial Technology 73

Housing Wire

OCTOBER 10, 2023

We’ve all witnessed the housing market slowdown that has occurred over the last year. Across the country, homes are spending more days on the market as interest rates rise. The “same old listing presentation” and tired marketing tactics aren’t cutting it for agents looking to win listings in today’s competitive and tight market.

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Agents Renovation Inspection Construction 449