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Pre-sale home renovation firm Revive partners with brokerage NextHome

Real Trends

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.

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Percentage of homes with price cuts reaches 18-month high: Redfin

Housing Wire

The national real estate brokerage reported that the median asking price in the past week was $416,623, a weekly decline of about $3,000 and the first pullback in six months. A report released Thursday by Redfin showed that 6.4% home sellers cut their asking prices during the four-week period ending May 26.

Mortgages 380
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Here’s how wholesale lenders and brokers are navigating near-8% mortgage rates

Housing Wire

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.

Mortgages 463
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Redfin shows signs of improvement in fourth quarter

Housing Wire

Real estate brokerage Redfin revealed signs of progress in its fourth-quarter 2023 earnings report, signaling a potential turnaround after facing challenges earlier in the year. Factors contributing to this increase included adjustments in homebuyer commission refunds, revenue from concierge renovation services and rising home prices.

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When it comes to home renovations, most sellers need guidance

Realty Biz

Most people understand that renovations can help to increase the value of their home, but many could benefit from guidance on what exactly needs upgrading, a new study has found. homeowners, commissioned by Coldwell Banker Real Estate, found that many people are unclear about the home renovation process. The survey of 2,000 U.S.

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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

My name is (your name), and I’m a licensed real estate professional with (your brokerage). I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. Call or text me with any real estate questions!

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Home inspection startup PunchListUSA raises $39 million in Series A

Housing Wire

PunchListUSA plans to use the funding to invest in proprietary technology to create instant repair and renovation estimates and open offices, which it aims to expand footprint to more than 30 markets through 2023. . ”We The platform currently holds a five-year exclusive agreement with Pillar to Post , one of the U.S.’s