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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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. The post Is Home Renovation Necessary Before Listing In Hot Markets?

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Housing Wire

MARCH 7, 2024

In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional homes; and cost reductions for renters. The NHC lauded the development.

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Housing Wire

FEBRUARY 18, 2021

It’s no secret the housing market impacts the economy and vice versa. A homebuyer’s guide to a competitive housing market. Four renovations to consider before selling your house. President Biden’s been vocal about his plans to address today’s housing market inequalities. More for Real Estate Enthusiasts.

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Housing Wire

FEBRUARY 26, 2024

As a result, new condo listings are flooding the market in Florida as sellers try to unload their properties at a discount. The HOA either sells the building to a developer who will renovate it or, in most cases, to a redeveloper who will tear it down and replace it with another economically viable project.

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Housing Wire

AUGUST 10, 2023

Meanwhile, innovation-driven transparency is helping to make distressed property auctions more accessible for these owner-occupant buyers as well as for local community developer buyers who, it turns out, sell most of their renovated foreclosures to owner-occupants. Department of Housing and Urban Development (HUD) in August 2022.

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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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Inman

MAY 21, 2024

Developer Todd Michael Glaser renovated and expanded the estate, at one point marketing it for more than $200 million. The sale marks a new record for lakefront properties in Palm Beach.

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Housing Wire

MAY 8, 2023

Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I My renovated homes are] reducing the number of rental properties , which in our town has become a source of demise.”

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Housing Wire

MARCH 14, 2024

We are excited to expand our impact and better serve our target market borrowers.” Change is a community development financial institution (CDFI) that is certified by the U.S. Treasury Department , given to specialized organizations that provide financial services to low-income communities and others who lack financing options.

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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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Housing Wire

MARCH 7, 2024

Long, who brings more than 20 years of experience in the mortgage industry, will be responsible for building Planet’s retail networks and will also have a focus on product development, the company said. What sets us apart is not just these products, but how we come together, across different channels, to continuously innovate and refine them.

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Housing Wire

JANUARY 9, 2024

In the ongoing struggle for attainable housing, one positive development has been the increased availability of funding options for homeowners seeking to incorporate Accessory Dwelling Units (ADUs) into their properties. Some smart lenders, especially among credit unions, have developed some great products for ADU financing.

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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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Housing Wire

MAY 23, 2024

Department of Housing and Urban Development (HUD) is focusing on launching initiatives to increase home supply, review existing rules in and ensure the agency is “getting the money out the door.“ “In But they face competition from large institutional investors in the housing market. But we see demand. We don’t see the supply.“

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Housing Wire

NOVEMBER 4, 2021

Since the last housing bubble burst, when more than a million residential construction workers lost their jobs , a shortage has developed. Top markets for affordable renovated housing inventory. “From 2022 through 2024, this total represents a need for an additional 2.2 million new hires for construction.

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Housing Wire

FEBRUARY 12, 2024

Since its foundation in 1997, Proprietary Capital has developed a platform to invest in the U.S. residential mortgage market and housing-related assets. Proprietary Capital expects to add products and gain market share across all channels after the ARF acquisition, the company said in a statement.

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Propmodo

JANUARY 13, 2024

It’s no secret that the office market is in the pits right now. In the country’s largest office market, Manhattan, leasing picked up at the end of 2023, but the yearly total was still 15 percent lower than in 2022. GDS Development (GDSNY) was launched in 2007 by architects Michael Kirchmann and Alan Rudikoff. Less than 7.2

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Housing Wire

MARCH 28, 2022

commercial spaces/building and residential homes/townhomes) and inconsistent transactional processes, fragmentation in the market has prevented real-estate from adopting technology as quickly as other sectors – until now. While each of these digital companies successfully addressed a problem in the market, other pain points still existed.

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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. billion in the fourth quarter of 2021,” a recent market assessment by ATTOM shows.

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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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Housing Wire

JULY 6, 2023

The nation’s housing industry has entered a new normal in which the dynamics of the market appear perplexing — marked by high mortgage rates and high home prices, along with shrinking mortgage originations. So, finding those opportunities, rehabbing and returning them to the market solves part of the [inventory] problem,” Carlton said.

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Housing Wire

APRIL 23, 2024

loanDepot CEO Frank Martell expects the current mortgage market cycle to be “longer and tougher than anybody expected.” Amid a higher rate environment when refinances are scarce, Martell said that loanDepot sees opportunities in other products, such as renovation loans and home equity lines of credit (HELOCs).

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Marco Santarelli

MAY 30, 2024

The US housing market continues to evolve , with a growing presence of institutional investors in the single-family rental space. Institutional investors tend to favor high-growth regions with a booming job market and strong rental demand. This can be particularly beneficial in areas prone to volatile market fluctuations.

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Housing Wire

JANUARY 20, 2023

Last year was challenging for housing and mortgage markets. These standards were not developed with any real input from HUD, which has exclusive statutory authority for manufactured home construction and safety standards nationwide, through the HUD Code. a year ago to nearly 7% today. FHA , Fannie Mae and Freddie Mac can help.

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Housing Wire

MAY 16, 2022

One measure would expand existing federal subsidies for multifamily housing development. Another would hand out federal tax credits for developing or rehabbing homes for owner-occupants instead of large investors, making available 125,000 homes for low- and middle-income homebuyers.

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RIS Media

APRIL 11, 2022

When selling a home though, most real estate professionals will vouch that—as far as home improvements are concerned—kitchen renovations are worthy investments that will likely increase your resale value. DIY expert and licensed contractor Beth Allen shares six common kitchen renovation ideas with the biggest investment return.

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Housing Wire

FEBRUARY 29, 2024

Department of Housing and Urban Development (HUD) on Thursday unveiled a series of new policies that are designed to boost housing supply and affordability across the country, according to HUD and White House officials. HUD has allocated $4.35

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Housing Wire

JUNE 8, 2021

Low rates and increased demand mean prices are soaring on what stock is available – and what’s available isn’t staying on the market for long. The average home age in the United States is about 40 years old, so there’s a huge stock of homes that need to be renovated.”.

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Realty Biz

APRIL 10, 2022

Real estate development is an interesting and lucrative industry, but like all lucrative sectors, it also comes with a number of challenges. Another potential challenge in real estate development is choosing the right site. There are dos and don’ts of buying land for sale or development. Fleet Management Issues. Site Choice.

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Realtor.com

JANUARY 16, 2023

But if your main goal is to invest in a renovation that’s smart for you and your wallet, you probably want to prioritize other projects. It was, Sahba explains, a part of a broad $40,000 renovation, but she says the window helped “justify a threefold valuation of the home when it came time to sell.”. Photo by JDL Development Inc.

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Housing Wire

JULY 14, 2022

The role of renovators. Among more than 73,000 properties sold to third-party buyers at foreclosure auction between 2016 and 2020 and then subsequently resold into the retail market, 73% (more than 53,000) were sold to owner-occupant buyers, according to the public record data. I buy local.

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Housing Wire

JANUARY 20, 2021

Though the pandemic is causing pain throughout the housing sector, it also creates an opportunity to enact common-sense industry reforms that address the root causes of the affordable housing crisis that has beset the market for over a decade — even amid a period of strong economic expansion. consumer spending. It’s time for the U.S.

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Brownstoner

DECEMBER 28, 2021

While stories of coronavirus dominated the list of popular stories last year, in 2021 readers were drawn to detail-filled houses on the market and home renovation with an Ikea hack from the Brownstone Boys.

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Housing Wire

APRIL 27, 2023

Another larger player in the space, Progress Residential , recently postponed a securitization transaction due to difficult market conditions. And yet another big force in the market, FirstKey Homes , is pulling collateral out of a 2021 securitization deal.

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Realty Biz

AUGUST 29, 2023

Digital marketing horizontal web banner. Marketing network concept with text, icons, charts and infographic elements. The real estate sector has historically relied on traditional marketing techniques. Industry News : Share updates on market shifts, mortgage rates, or regulatory changes.

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Housing Wire

JULY 21, 2021

“The first house I rehabbed last year, it was a house that had fire damage in the kitchen, and it was just kind of an eyesore on a nice quiet street,” said McCormick, who said she purchased the home for $25,000 and then put $65,000 into renovations before selling to an owner-occupant buyer for $134,000. “It

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