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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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

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

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Renovation Sales Investor Mortgages 457

Housing Wire

JUNE 1, 2021

Housing and Urban Development Secretary Marcia Fudge joined Biden to mark the 100th year since a white mob killed hundreds of Black residents of the Greenwood District. 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.

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Housing Wire

SEPTEMBER 13, 2023

The nonprofit NHT will use the funds from Amazon’s program to acquire and build affordable homes for sale in partnership with a network of local organizations in across the three communities. the Douglass Community Land Trust in Washington, D.C. and The Housing Fund serving Nashville. Last year, Amazon made a housing investment of $10.6

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Housing Wire

FEBRUARY 21, 2024

Department of Housing and Urban Development (HUD) on Wednesday issued a mortgagee letter that implements the Federal Housing Administration ’s (FHA) payment supplement partial claim. During this period, the mortgage will not be modified, facilitating the sale to Ginnie Mae.

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Principal Loans Mortgages Renovation 410

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

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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

APRIL 22, 2024

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. You’ll want to include the list price, sale price, and days on market. Your neighbors at (address) just sold their property for (sale price).

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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.

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Housing Wire

JULY 17, 2023

However, developing interactive virtual tours requires advanced rendering techniques and programming expertise, making them more complex to create compared to guided tours. Fortunately, VR provides a cost-effective alternative by allowing agents to stage listings for sale without incurring additional expenses.

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Technology Staging Development Agents 307

Housing Wire

JULY 14, 2022

Senior officials at the Department of Housing and Urban Development , which houses the FHA, said today during a press briefing that it would focus on improving financing for manufactured homes and revamp its renovation financing. A senior HUD official said that updating its 203K program to make it more usable is a “high priority.”

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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.

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Housing Wire

JANUARY 12, 2024

“The foundation would get what was described, in a January 2023 fundraising package, as a ‘prestigious headquarters … [and] site for small scale, but elegant events’ with its ‘voluminous library on American legal and constitutional development’ as a resource for nearby Roger Williams University ‘s law school.”

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Mortgages Finance Lending Equity 402

Housing Wire

OCTOBER 15, 2020

“We still have vacancy and blight issues but they are not crippling as they were a decade ago,” said Ian Beniston, executive director at the Youngstown Neighborhood Development Corporation (YNDC), a nonprofit community development corporation in Youngstown, Ohio. When we began a decade ago there was much more blight. in September. “Our

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Development Renovation Land As-is 333

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.

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Realtor.com

AUGUST 4, 2020

However, before that sale, the home hadn’t changed hands in nearly 70 years. Cue the design-developer duo Frances Hoge and Allison Meyerson of Falala Development. The most notable renovations happened in the bathrooms and kitchen, which needed to be brought into the 21st century. Confidential” sold for $3.5

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Housing Wire

FEBRUARY 16, 2022

Examine previous transactions with a lender, such as funding renovations on investment property, to better understand the lender’s experience with diverse real estate projects. A copy of the buy and sale agreement indicates that the transaction is ready to close once the funds are received. Make a list of potential lenders.

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Purchase and sale agreement Investor Hard money loan Lending 382

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. told The Wall Street Journal.

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Housing Wire

JUNE 30, 2021

“‘High tech – High touch’ is our mantra as we develop industry-leading tools and resources with a never-ending commitment to the relationships with our brokers and team members,” CEO Sanjiv Das said. Caliber Reconnect includes MLS Trigger that alerts brokers when a shared borrower’s property has been listed for sale on MLS.

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Lending MLS Loans Renovation 382

Housing Wire

FEBRUARY 18, 2022

The mortgage industry has begun advancing initiatives to allow technology and big data to take the next steps in the development of things like more accurate AVMs. AVMs do not consider such things nor can they provide an estimated value to adjust any sales prices. AVMs do not account for upgrades or renovations.

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Housing Wire

APRIL 22, 2021

” Redfin pegs the average list price for a home at $325,000 in Raleigh, with sales prices averaging $333,000 — up 10.7% ” Hennessey said his company pivoted to doing mostly renovations in the past few months, declining new builds in order to save money. year-over-year. That’s a 15.9% increase year-over-year.

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Sotheby's International Real Estate

DECEMBER 1, 2023

London, England | United Kingdom Sotheby’s International Realty David Sullivan spent seven years and just under $63 million to renovate the centuries-old Marylebone house. Continue reading Luxury Real Estate Headlines: First Week in December, 2023 at Sotheby´s International Realty | Blog.

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Housing Wire

OCTOBER 20, 2022

Auction.com accounts for nearly half of all sales to third-party buyers at foreclosure auction nationwide. But the fever broke in the second quarter of 2022, at least for the local community developers who are the primary buyers at foreclosure auction.

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Housing Wire

MAY 3, 2022

She added that funds from the new HELOC product can be used by customers for a variety of purposes, such as consolidating their debt to achieve lower monthly payments, including credit card debt; or to renovate their homes to improve their quality of life. The new unit focuses on developing mortgage-adjacent lending products and services.

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Equity Loan Officer Loans Technology 393

Housing Wire

FEBRUARY 8, 2022

In 2021, McCormick resold two renovated properties that she originally purchased at foreclosure sale on Auction.com in her hometown of Dayton, Ohio. Combined with thousands of other local community developers like her, McCormick’s efforts are moving the needle when it comes to quality, affordable housing for owner-occupants nationwide.

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Renovation Development Banks Sales 367

Housing Wire

MAY 11, 2021

For example, a newly renovated home that has a gourmet kitchen and an updated bathroom may be valued more highly than a similar home that possesses only above-average amenities and is in average condition. . Many factors contribute to the process of determining the value of a residential property. A Cloud Provides a Clearer Picture.

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MLS Inspection Renovation Residential 376

Kyle Handy

JULY 5, 2023

In the world of real estate and sales, few professionals match the success and expertise of Ryan Serhant, the renowned agent and television personality. Serhant rose to prominence with his role on the Bravo TV show “Million Dollar Listing New York” and has since created his own sales training program, Sell It Like Serhant.

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Sales Branding Industrial Agents 52

Realty Biz

AUGUST 1, 2021

To avoid becoming overwhelmed by the home and its contents, step back and develop a game plan. Hire home inspectors and professional contractors to make assessments and recommendations of areas to renovate and fix before selling. Complete renovations and updates.

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Realtor.com

JANUARY 12, 2021

The 10 oldest homes available for sale this week date all the way to the establishment of the 13 ragtag Colonies. There’s also a basement, as well as a freshly renovated kitchen and bathrooms. Deacon Timothy Pratt House: A local landmark, this five-bedroom, center-chimney Colonial was recently renovated. Price: $1,550,000.

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Realtor.com

MARCH 24, 2021

For those not in the know, Joseph Eichler was a remarkably influential post-World War II housing developer who built affordable subdivisions of tract homes, mainly in the San Francisco Bay Area and Southern California, although a handful show up in far-flung locations like New York. Price: $2,400,000 (pending sale). Price: $2,848,000.

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Housing Wire

MARCH 18, 2022

Over the years I ended up teaching classes on renovation loans, mortgage insurance, mortgage mechanics, etc.,” I subsequently have developed two more CE classes that only deal with HECM loans. Touching on the reverse mortgage topic in one of these classes proved to be a difference-maker for him, he says.

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Loans Closing Mortgages Equity 495

GeekEstate

SEPTEMBER 22, 2022

Revive was founded to help home sellers maximize the profit of their home through pre-sale home renovations. And the best way to do this is through renovations. The renovation experience has received little to no updates over the years; Revive has changed this. That’s very important to me. What’s next for you?

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Inman

MAY 31, 2023

The leading team at Douglas Elliman has launched sales at the recently renovated Renaissance-Revival building, which includes 10 one- to three-bedroom units, Inman has exclusively learned. One of the penthouses is already under contract.

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Renovation Sales Development 127

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. Samuel suggests prospective buyers spend time touring the model home in any development being considered. See if you can negotiate the sales price.

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New Construction Construction Development Renovation 126

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.

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RIS Media

AUGUST 23, 2020

However, if real estate professionals want to continue to win listings during COVID-19, they must develop a keen understanding of what home sellers are looking for in an agent. Real estate agents don’t develop these three skills overnight. Pre-Sale Renovations Increase Sale Price.

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