Housing Wire

DECEMBER 30, 2022

Mortgage demand picked up in recent weeks due to rates declining to 6% levels and a massive backlog of homes under construction, as mentioned by HousingWire ‘s lead analyst Logan Mohtashami in a recent column. Instead, they’ll be seeking to renovate their homes.”. He hit a record $2.47 Rates would average 5.2%

Loans 397

Loans Renovation Construction Mortgages 397

Realtor.com

NOVEMBER 17, 2022

Many homebuyers may find the added expense of new construction well worth it, due to the money they stand to save on renovations and repairs that might crop up in an older home. But homebuyers should also know that they can lower the costs of new construction right when they make the purchase through some smart negotiation tactics.

New Construction 126

New Construction Construction Development Renovation 126

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.

Renovation 430

Renovation Construction Development Finance 430

Realtor.com

JANUARY 11, 2023

Getty Images Many first-time homebuyers might presume they’re better off going used rather than new—in other words, purchasing a pre-existing property rather than pricey new construction. Unless you want to be waiting a long time to buy your first home, you should consider new-construction homes. Getty Images. Getty Images.

New Construction 110

New Construction Construction VA loan Finance 110

Housing Wire

JULY 6, 2023

It boils down to two factors, according to housing-industry experts: a lack of housing inventory , or supply; and high demand for that limited housing stock — which also is fueling a jump in new-home sales. trillion — with sales of new homes rising in dominance. Fannie Mae recently projected originations for 2023 at $1.59

Renovation 460

Renovation Sales Investor Mortgages 460

Housing Wire

JUNE 1, 2021

Investors who acquire and renovate older homes could claim the credit on their federal tax returns, as long as the home is sold to and occupied by an eligible buyer. The tax credit would cover the difference between total development costs — including acquisition, rehabilitation, demolition and construction — and the sales price.

Title search 505

Title search Title Renovation Investor 505

Housing Wire

OCTOBER 10, 2023

When making pre-listing repairs or renovations, different projects can result in vastly different returns. These days, buyers want move-in ready homes – they don’t want to face huge construction projects before they can get settled. Because of this, a dated kitchen can turn buyers away and cause a house to sit on the market for longer.

Agents 453

Agents Renovation Inspection Construction 453

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. The record sales numbers of last fall have now been eclipsed by a story of free falling inventory.

Equity 366

Equity Renovation Construction Investor 366

Housing Wire

FEBRUARY 8, 2024

To begin with, his reputation for excellence is ironclad: over a decade of experience as a real estate broker and over $300,000,000 in total sales. In 2024, Tate received Coldwell Banker’s International President’s Premier Award representing the company’s top 1% of all sales professionals.

Agents 391

Agents Construction Design Branding 391

Norada Real Estate

JANUARY 27, 2023

When it comes to investing in residential real estate, there are only two basic types of property you can invest in – new construction and resale. New construction properties are those that are purchased directly from the builder or developer who constructed the property. They are the owner and seller.

New Construction 52

New Construction Construction Probate sale Investor 52

Realty Biz

SEPTEMBER 26, 2023

For those searching for Greece property for sale , understanding the intricacies of the country's real estate regulations and practices is paramount. This contract is not mandatory but can serve to outline the terms of the sale, including the price and any other conditions both parties wish to include.

Purchase and sale agreement 84

Purchase and sale agreement Sales Due diligence Land 84

Realty Biz

MAY 25, 2022

Challenged to find a suitable home for sale, an increasing number of buyers are looking instead towards more rundown abodes with “good bones” that could potentially be given a lick of paint and a new lease of life. Buyers today are struggling to find good homes for sale. In April, home inventory was down 10.4% from one year before.

Sales 89

Sales Inspection Renovation Construction 89

Housing Wire

JUNE 30, 2022

Not only does Flagstar offer brokers direct access to seasoned sales, support and underwriting teams, it also provides a product set that includes specialty lending options like Advantage non-agency loan, jumbos, new construction, renovation products and HELOCs, and in the pipeline, loans to foreign nationals, seconds and investor property loans.

Lending 331

Lending Banks Technology New Construction 331

Housing Wire

JULY 17, 2023

VR market research provides agents with a realistic and interactive platform to test property designs, explore potential renovations and assess the impact of various factors on buyer perception. Fortunately, VR provides a cost-effective alternative by allowing agents to stage listings for sale without incurring additional expenses.

Technology 280

Technology Staging Development Agents 280

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.

Development 84

Development Commercial Renovation Finance 84

Housing Wire

DECEMBER 2, 2020

For-sale inventory is at record lows. Construction is starting to pick up, so that should help alleviate things in the housing market. Four renovations to consider before selling your house. According to the latest Census data, there’s just a 3.6-month month supply of homes nationally — the third-lowest figure on record.

Marketing 462

Marketing Renovation Construction Mortgages 462

Louisville Homes

APRIL 7, 2022

You have a couple of options, namely, buy an existing home or new construction. The other option is to go the new construction route. You need to identify a suitable piece of land that is up for sale and buy it. Next is buying the materials and beginning construction. To get a customized home, you have two options.

New Construction 52

New Construction Construction Land Renovation 52

Realty Biz

APRIL 19, 2024

Redfin reported that in January 2024, the American median home sale price was approximately $402,000. In the last few years, May 2022 experienced the highest median real estate sale price at about $440,000. The site announces a median property sale price of $380,000. As a result, builders and renovators sweat.

Marketing 93

Marketing Fixed-rate mortgage Construction Banks 93

Realtor.com

SEPTEMBER 16, 2020

HGTV With home renovation shows happening in towns and cities across the U.S., Two couples who’d bought their homes in Season 1 have filed lawsuits claiming shoddy construction and demanding their money back. In other words, Victoria is really in the red, and will need to fetch a sky-high price at sale.

Renovation 55

Renovation Design Construction Sales 55

Realty Biz

JANUARY 4, 2024

Furthermore, they inspect the state of the property, which includes the caliber of construction materials and any required repairs or enhancements. Appraisers consider recent sales data of similar properties to determine a comparative market value. How Do Home Appraisers Evaluate The Quality of Construction? Absolutely!

FHA loan 103

FHA loan Construction Renovation Loans 103

Realty Biz

AUGUST 1, 2021

Hire home inspectors and professional contractors to make assessments and recommendations of areas to renovate and fix before selling. Complete renovations and updates. Once you’ve assessed the home, it’s time to start construction work. Determine what needs to be replaced and make plans for repairs and updates.

Sales 103

Sales Renovation Investor Inspection 103

Realtor.com

FEBRUARY 5, 2021

Overgrown greenery can undermine a sale. “We’re installing tile behind the vanity in a funky pattern at the top that I think will make the bathroom really unique,” Starsiak Hawk says when construction is underway. Starsiak Hawk and Laine had bought their home for $40,000 and spend a hefty $170,000 on the renovation.

Sales 104

Sales Renovation Closing costs Construction 104

RIS Media

AUGUST 27, 2020

While not every home needs a major renovation prior to listing, agents who want to build a pipeline that will withstand market ebbs and flows are leveraging the same strategy: helping sellers maximize profit with pre-sale renovations. Sellers Need to Stay Ahead of New Construction.

Agents 106

Agents New Construction Renovation Marketing 106

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. counties with at least 10 online REO auction sales through the first 10 months of 2020. The average sales price for REO properties sold so far in 2020 in Comanche County was $28,240 — just $20.10

Investor 545

Investor Marketing Renovation New Construction 545

Marco Santarelli

APRIL 20, 2024

Rising interest rates have cooled buyer enthusiasm, leading to slower sales and questions about the future. Experts offer some insights into what's on the horizon for housing inventory : Gradual Increase Expected: Many analysts predict a gradual increase in available homes for sale over the next two years.

Marketing 83

Marketing Pre-approval Fixed-rate mortgage New Construction 83

HomeLight

MARCH 13, 2023

A cash sale may provide the speed and efficiency you need. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Buyers were liquid with cash and there are a lot of sellers going that route rather than waiting on a traditional sale.

Sales 89

Sales Purchase and sale agreement Due diligence Inspection 89

Realtor.com

DECEMBER 16, 2020

But once you take a look at this list of 11 barndominiums up for sale, you’ll find cozy, stylish spaces loaded with upgrades—and plenty of room to spread out. Construction hasn’t quite wrapped up on this two-bedroom barndominium with a loft, large porch, and luxurious master bedroom. Commerce, TX realtor.com. ———.

Sales 115

Sales Branding Design Renovation 115

Sotheby's International Real Estate

DECEMBER 3, 2020

From a light-filled Parisian apartment to a timeless fieldstone home in Washington DC, these are this month’s four featured notable properties for sale over $5 million. Completely renovated, this light-filled historic apartment offers a perfect floor plan and impressive features like four-meter ceiling height. Paris, France.

Sales 67

Sales Staging Renovation Design 67

Realtor.com

MARCH 24, 2021

Price: $2,400,000 (pending sale). All the elements added up to multiple offers, and the home is now in pending sale status, just days after hitting the market. Eichler upside: Newly renovated, this three-bedroom home from 1954 comes with classic Eichler features: beamed ceilings, globe pendants, and floor-to-ceiling windows.

Sales 130

Sales Design Renovation Development 130

Realtor.com

JULY 21, 2021

It was constructed for Dustin Farnum , one of Hollywood’s first movie stars, who starred in Cecil B. It’s a sublime example of Old Hollywood architecture, restored and renovated. Brimming with Hollywood history, the estate was built in 1911. Front exterior Realtor.com. Guesthouse Realtor.com.

Sales 93

Sales Staging Renovation Construction 93

Realty Biz

OCTOBER 21, 2021

The pause comes three years after Zillow gatecrashed the iBuying market with its Zillow Offers service, which allows homeowners to obtain an instant cash offer on their property and then sell it instantly, if they’re interested in a quick sale. Zillow Offers uses algorithms to determine the value of the offers it makes on people’s homes.

Renovation 89

Renovation Construction Investor Industrial 89

Housing Wire

JANUARY 6, 2023

Have you hit the $1 billion sales volume? Connie Kim: Are you doing all these deals by yourself or do you have a team that helps with sales? Chris Gallo: We’re a local lender that’s been around for over 30 years helping people buy, helping people refinance with construction loans, whatever it may be. That’s it.

Loan Officer 391

Loan Officer Loans Equity Mortgages 391

Realty Biz

FEBRUARY 27, 2023

With so few homes for sale, buyers were often caught in bidding wars to land their dream homes. Any renovations that may lead to changes in the home’s footprint, such as additions, will also require permits. The homeowner can start construction immediately without going through the permit process and avoid paying any permit fees.

Inspection 107

Inspection Renovation Construction Land 107

Sotheby's International Real Estate

DECEMBER 3, 2020

From a light-filled Parisian apartment to a timeless fieldstone home in Washington DC, these are this month’s four featured notable properties for sale over $5 million. Completely renovated, this light-filled historic apartment offers a perfect floor plan and impressive features like four-meter ceiling height. Paris, France.

Sales 52

Sales Staging Renovation Design 52

Realty Biz

MARCH 29, 2021

In 2020, ATTOM Data Solutions identified that flipping houses consisted of over 7% of home sales in the United States housing market. Repair, diy and house renovation concept. Search for a Real Estate Property on Sale. Choose a property within an area limited to new residential housing construction activities.

House Flipping 124

House Flipping Renovation Investor Construction 124

McKissock

JANUARY 31, 2023

” “That cost does not equal value on homes, and picking comparable sales just to hit contract prices is unethical. ” Appraisers are unbiased and must follow guidelines “I wish they understood that we cannot always ethically hit the sale contract price.” ” “How value is derived.”

Agents 97

Agents Inspection Renovation Construction 97

Realty Biz

AUGUST 5, 2022

Purchasing homes to renovate and flip is a common real estate investment strategy. So, too, is home buyers purchasing an inexpensive property that needs some rehab or customization, or even a mortgage refinance when your existing property needs renovations. Here’s what you should know.

Loans 96

Loans Renovation Investor Banks 96