Housing Wire

APRIL 9, 2025

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.

Renovation

Housing Wire

OCTOBER 24, 2024

The rest are saving their equity with us by either selling to us or allowing us to list.” But the magnitude of the discount for some buyer segments, coupled with an analysis of subsequent resales (flips), points to possible equity stripping in some cases. Most of the homeowners don’t qualify for refinancing. “I I give them everything.

Bankruptcy

Housing Wire

JANUARY 22, 2025

Home renovation projects could bring a variety of safety and efficiency improvements to older construction, but anxiety is a key element keeping many homeowners from exploring renovation projects. Baby boomers led the way in this respect, with 60% of boomer respondents saying savings would be the primary funding source for renovations.

Renovation

Housing Wire

JANUARY 22, 2025

Evernest already offers services including brokerage , maintenance, renovation, insurance and lending. The $15 million investment announced Wednesday from private equity firm LL Funds will help Evernest build a home services platform focused on rental property owners.

Property Management

Housing Wire

OCTOBER 23, 2024

Cash-out refis have gained popularity due to record-high home equity levels in recent years. By offering higher LTVs without charging mortgage insurance, UWM aims to attract more borrowers, including those who need to consolidate student and medical debt or renovate their homes, for example. How much will borrowers pay?

Equity

Housing Wire

MARCH 11, 2025

This is according to a new survey from Point , a company that specializes in home equity investments. [O]lder If the home doesnt already cater to senior living needs, then affordability challenges with renovations are an issue to overcome. But older homeowners are also sitting on a repository of home equity. Census Bureau.

Equity

Housing Wire

FEBRUARY 20, 2025

Digital homeownership company Better.com on Thursday announced a record 400% growth in its home equity line of credit ( HELOC ) and home equity loan businesses. were considered “equity rich” in Q4 2024, meaning that the underlying mortgage debt did not exceed 50% of the home’s market value.

Equity

Housing Wire

MARCH 5, 2025

More renovations? While most of Shank’s book of business is tied to VA loans, he says he’s seeing an uptick in renovation loans across FHA and VA channels. So now that rates are dropping, a renovation loan will be in the 7% range. Certain geographic areas have higher shares of government loans.

Loan Officer

Housing Wire

JANUARY 30, 2025

To close the conversation, Davis explores Deephaven’s focus on home equity and new construction products in 2025. Diego: Why the push into home equity ? So, people are gonna have to tap into their equity for renovations, debt consolidation and better cash flow. That’s where the growth is at.

New Construction

Housing Wire

FEBRUARY 27, 2025

A well-written property description also allows you to highlight aspects of the home that would not otherwise be readily available via MLS, such as a newly renovated kitchen or a brand-new septic system. Its your chance to emotionally connect with the buyers and create the desire for them to come see the home in person.

Renovation

Housing Wire

FEBRUARY 6, 2025

If that isnt spectacular enough, Deephaven offers interest-only options for maximum property cash flow alongside cash-out solutions to consolidate debt and unlock equity. Equity solutions Home renovations and debt consolidation are two avenues toward financial prosperity for borrowers. These loans go up to $2.5

Loans

Housing Wire

MAY 22, 2025

It offers home renovation assistance designed to improve safety, accessibility, and functionality for older adults within their own homes, reducing the need for relocation to nursing homes or assisted living facilities. This program helps keep them in their homes, so they can live with dignity and remain independent. Its a win-win.

Due diligence

Housing Wire

MAY 12, 2025

From your perspective, what (big picture) conditions are driving demand for closed-end second loans, home equity loans and HELOCs right now? Instead, these people are renovating or making improvements by tapping into their equity. Instead, these people are renovating or making improvements by tapping into their equity.

Loans

Housing Wire

JUNE 25, 2025

Move-up buyers utilize equity Rising home prices have allowed more homebuyers to enter the luxury market — often unintentionally. The National Association of Realtors reports a 47% increase in home values over the past five years, giving many owners substantial equity to leverage into higher-end property purchases.

Equity

Housing Wire

JUNE 13, 2025

Private equity giant Blackstone conducted the Stearns Lending bankruptcy process after acquiring a majority stake in parent company Stearns Holdings in 2015. In addition to non-QM and home equity loans, renovation loans are playing a growing role. This is not our first rodeo,” Stearns said in an interview with HousingWire.

Mortgages

Housing Wire

MAY 14, 2025

Our goal is to create ads that highlight relatable use cases that dismantle stereotypes and show reverse mortgages as a smart tool for responsible financial planning, whether it’s funding or renovation , covering unexpected expenses or simply enabling peace of mind.

Finance

The Mortgage Report

JUNE 24, 2025

Home equity is how many people build wealth and, when tapped into, can provide borrowers with money for renovating and remodeling, investing, an emergency fund or even paying off other debt. Homeowners with mortgages saw a collective annual equity increase of $115 billion in 2025’s first quarter, according to Cotality.

Equity

The Mortgage Report

JULY 4, 2025

Home equity loans offer fixed rates and lump sums, good for planned expenses. Reverse and shared equity options skip monthly payments but may cost more long term. Check your best options to tap home equity. Let’s explore the cheapest way to get equity out of your house. Check your best options to tap home equity.

Equity

Lighter Side of Real Estate

JUNE 6, 2025

Renovating a home can be an adventure. For some, it’s a thrilling opportunity to reimagine their space and build instant equity. For others, it’s the start of a multi-month saga involving uncontrollable delays, budget explosions, and a fine layer of drywall dust that may linger until your next renovation project.

Renovation

The Mortgage Report

JULY 9, 2025

Martin Updated By Aleksandra Kadzielawski July 9, 2025 - 2 min read Key Takeaways Homeowners have more equity than ever, with average levels above $300,000. The most common ways to tap your equity include a HELOC, home equity loan, or cash-out refinance. Check your home equity loan options. Check your HELOC options.

Equity

BAM Media

MAY 21, 2025

Three renovations earned a perfect 10: Primary bedroom suite addition This isnt just about square footage. Closet renovation At 83% cost recovery , this project adds functionality and can transform underused space into something more practical. Many homeowners are tapping into their equity to fund upgrades.

Renovation

Housing Wire

MARCH 11, 2025

Buying may be the better option if: You want to build equity. Homeowners can accumulate wealth as property values rise, unlike renters who do not gain equity. Homeownership allows modifications, renovations and customization that renting often does not. You could benefit from tax deductions.

Equity

Marco Santarelli

NOVEMBER 2, 2024

Buy, Renovate, Rent, Refinance, and Repeat (BRRRR) The BRRRR strategy is a more involved process that combines flipping and holding. An investor buys a property, renovates it to increase its value, rents it out to generate income, refinances it to take out equity, and then repeats the process with another property.

Investor

The Mortgage Report

AUGUST 1, 2025

You can borrow based on the home’s expected value after renovations. Check your renovation loan options. Start here Whether you’re updating a dated kitchen, converting the garage into a home office, or making essential repairs, home renovations can quickly add up in cost. What is a home renovation loan? The good news?

Renovation

The Mortgage Report

JULY 10, 2025

Can You Refinance a Home Equity Loan Without Refinancing Your Mortgage? By Valencia Higuera Reviewed By Aleksandra Kadzielawski July 10, 2025 - 4 min read Key Takeaways You can refinance a home equity loan or HELOC without refinancing your first mortgage. Check your best options to tap home equity.

Equity

HomeLight

APRIL 9, 2025

Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. It gives you access to the equity in your existing home so you can cover a down payment and closing costs on your new purchase without waiting for your old house to sell. Why Move Twice?

Equity

The Close

NOVEMBER 25, 2024

Set Up Your House Flipping Business Operations Many believe flipping houses is just about buying, renovating, and selling. Rehab loans: These include home equity lines of credit (HELOCs), HomeStyle renovation mortgages, 203(k) rehab loans, or CHOICERenovation loans. Lenders see your professionalism and experience as favorable.

House Flipping

The Close

NOVEMBER 7, 2024

You will find run-down homes for a good deal, renovate them quickly, and then profit when you sell. It’s a profitable venture, but having some DIY skills for repairs and renovations is essential. A turnkey property is fully renovated and ready to rent out, requiring minimal effort from the owner.

Property Management

Rochester Real Estate

NOVEMBER 5, 2015

What To Expect From Your Listing Agent Why For Sale By Owners (FSBOs) Fail Blog Featured Articles Home Buying Home Selling LOCAL Rochester NY Articles How To Set A Home Renovation Budget Kyle Hiscock Kyle Hiscock | Greater Rochester NY Real Estate | Pittsford NY Realtor at RE/MAX Realty Group Have questions about buying or selling a home?

Renovation

Housing Wire

JUNE 4, 2025

By leveraging behavioral and property data, lenders can spot signals that a homeowner may be ready to act, like tapping equity for renovations. Rather than opening with a product pitch, the focus should be on delivering value first: market insights, ROI-focused upgrade ideas, or equity tracking tools tailored to their journey stage.

Industrial

The Close

NOVEMBER 25, 2024

Renovation costs: Depending on the property’s condition, you may need minor and/or significant renovations before renting it out. Timeline: Your timeline involves the time it takes to make repairs or renovations, find tenants, and start accepting payments. Pro Tip: Overestimate your expenses.

Purchase and sale agreement

Redfin

MARCH 4, 2025

One of the benefits of homeownership is building equity – the amount of the home you actually own. Home equity can be used to help you buy a new home, make improvements to your house to increase its value, or pay off debts. So, how do you calculate how much home equity you have? How is home equity calculated?

Equity

BAM Media

JUNE 4, 2025

homeowners tapped nearly $25 billion in home equity during Q1 2025the highest first-quarter volume since 2008 and a 22% increase year over year. Home equity reached a record $17.6 homeowners pulled nearly $25 billion in home equity through second-lien mortgages, marking the strongest first-quarter volume since 2008.

Equity

Marco Santarelli

NOVEMBER 23, 2024

It involves buying a property, renovating it, renting it out, refinancing it to pull out equity, and repeating the process with the profits. How it works: Buy: Identify and purchase a property below market value, often one that requires some renovations or repairs.

Hard money loan

Marco Santarelli

APRIL 19, 2025

Maybe you're dreaming of lower monthly payments, paying off your home faster, or even tapping into your home equity for some much-needed renovations. Estimate Your Equity: If you're considering a cash-out refinance, you'll need to know how much equity you have in your home. Tapping into equity? Lower payments?

Mortgages

Redfin

JANUARY 10, 2025

Arguably, the most important variables to consider before you make the decision to sell are home equity, transaction costs, and local market conditions. Home equity Home equity is a term that measures the value of a home to its owner after all debts and liabilities (like a mortgage ) have been paid. Calculate your home equity.

Seller concession

The Mortgage Report

MAY 14, 2025

Avoid renovation regret. These 10 overrated home remodels have poor ROIplus smart alternatives that are worth your money.

Renovation