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Homeowners say high costs, emotional stress are influencing renovation projects

Housing Wire

Amid higher interest rates and a tight housing market , U.S. homeowners are increasingly choosing to renovate rather than relocate and many are doing so under financial and emotional strain, according to a newly released nationwide survey. Renovating to avoid moving Renovation has become a financial necessity for many.

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How two sisters closed $40 million in 2024 “vibe flipping” LA homes

Housing Wire

They find aesthetically challenged homes in coveted LA neighborhoods, crunch the numbers, hire interior designers to renovate them so they look good on Instagram and then list and sell them for a tidy profit. To succeed in renovating luxury homes, you need to understand what buyers want. Sounds too good to be true, right?

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Julie Kheyfets on home renovation trends: Demand is approaching 2022 levels

Housing Wire

In this week’s episode of the Top of Mind podcast , host Mike Simonsen is joined by Block Renovation CEO Julie Kheyfets. The duo explore current and upcoming trends in the home renovation market. To start the conversation, Simonsen and Kheyfets dive into what Block Renovation offers to homebuyers.

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Distressed properties signal a slowdown in 2025 housing market

Housing Wire

The after-repair value is the estimated full market value of a property in fully repaired condition. By definition, most distressed properties sold at auction are in need of substantial renovations. In some cases, this capped credit bid is lower than the market-driven reserve price. 26, 2025 and hear Daren Blomquist in person.

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Remodeling industry could benefit from focus on aging in place

Housing Wire

home remodeling industry report that while market conditions are stalling larger-scale remodeling projects, consumers seeking remodeling work are focused on efforts that could serve to increase home values and to future-proof homes for later life and aging in place. Members of the U.S.

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Renovation loans get pandemic boost as homeowners want home offices

Housing Wire

The Federal Housing Administration’s 203(k) rehabilitation mortgage insurance program is designed for borrowers to renovate when they purchase or refinance. For over 40 years with Section 203(k) of the National Housing Act, FHA has been protecting lenders with fully-insured mortgage loans even as renovations are underway.

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Primary suites, kitchens, roofing lead remodel impact report

Housing Wire

Replacing a front door with a new steel model saw a 100% cost recovery rate, while closet renovations (83%) and new fiberglass front doors (80%) also offered significant returns, according to estimates from remodeling professionals. In contrast, the projects with the strongest cost recovery were more modest in scale.