Housing Wire

MARCH 26, 2024

The risky operating environment has been marked by volatile, high interest rates (with 30-year fixed rates now hovering around 7%), high financing costs and moderating rental rates as an influx of multifamily rental properties continues to come online across the country. In 2023, the landscape for home flipping across the U.S.

Investor 422

Investor Marketing Construction Loans 422

Realty Biz

JULY 29, 2022

Real estate technology companies have been providing invaluable innovations over the past few decades, especially since the rise of mobile computing and wireless internet access. One of the newest players on the market to be sure, Compass Real Estate Technology has been absolutely disrupting the real estate market for close to a decade.

Technology 79

Technology Brokerage Agents Staging 79

Housing Wire

JULY 14, 2022

The role of renovators. It turns out local investors are also more efficient than banks and government agencies at renovating and reselling homes. A deeper dive into the data helps to explain this surprising result. I buy local. But what about the foreclosed properties that don’t end up in the hands of owner-occupants?

Renovation 319

Renovation MLS Investor Loans 319

Housing Wire

APRIL 1, 2024

Many of these seniors are able to defer move-in decisions partly because improvements in healthcare and new technology have made aging-in-place easier, less expensive and less isolating,” the Journal stated. Aging in place has become easier and is often a far less costly alternative to senior living facilities.

Renovation 287

Renovation Technology Design As-is 287

Housing Wire

APRIL 20, 2022

Homepoint’s “New Build program” connects homebuilders with business purpose construction financing through in-region mortgage brokers, with loan amounts up to $4 million per unit or $25 million per project.

Loans 346

Loans Lending Construction Banks 346

Housing Wire

FEBRUARY 24, 2021

HousingWire: What role has the increase in technology played for both businesses and consumers in the real estate space? Vance Loiselle: In the 20th century, the primary technology innovations in real estate were the telephone and the MLS. This will result in a major shift in how people use their homes and where they want to live.

Pre-qualification 269

Pre-qualification Agents Loan Officer Technology 269

Housing Wire

NOVEMBER 8, 2023

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. ” reads an Opendoor Technology Inc. ” reads an Opendoor Technology Inc. “The largest, undisrupted market in the U.S.,”

Marketing 391

Marketing Investor Sales Renovation 391

Inman

JANUARY 19, 2023

The reporting tool determines a number of return-on-investment scenarios, taking into account market conditions, available financing and any need for renovations and improvements.

Renovation 109

Renovation Finance Marketing Technology 109

GeekEstate

SEPTEMBER 27, 2021

RealStaq provides the systems and data building blocks required to develop and sustain scalable home shopping, renovating, and mortgage financing experiences. [Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: RealStaq.].

MLS 100

MLS Renovation Technology Residential 100

GeekEstate

MARCH 1, 2023

F inalists are divided into three categories (Construction & Design, Finance, and Policy & Regulatory Reform) and have demonstrated innovative, achievable, and scalable solutions to the housing affordability crisis. Finance Arx: An AI-driven real estate analytics platform that automates the underwriting process.

Construction 113

Construction Finance Development Technology 113

Realty Biz

SEPTEMBER 7, 2021

Mortgage financing and rental loan provider LendingHome is rebranding itself as “Kiavi” as it looks to expand into providing lending options for real estate investors. We believe there is a tremendous opportunity to bring technology and data-driven insights to the entire process.”.

Investor 88

Investor Loans Renovation Finance 88

Real Trends

JANUARY 19, 2023

Austin-based property and financial technology company homebldr has launched a new iBuying solution, according to an announcement on Thursday. The product, called HOMEBLDR Property Reports, provides real estate professionals with a way to start their own iBuying programs , as well as a way to help their clients renovate and flip houses.

Renovation 92

Renovation Days on market Finance Technology 92

Patch of Land

OCTOBER 26, 2018

It speaks to the increased rate of financed home flips in Q1 of this year and the rise of lenders expanding the fix-and-flip market. Flips purchased with financing rise to 9.5-year But, investors continue to find deals and set records while increasingly tapping the debt markets to finance their flips.

Finance 31

Finance Investor New Construction Lending 31

RIS Media

APRIL 13, 2022

Operated by Second Century Ventures, the program focuses on helping technology companies accelerate growth throughout the real estate, finance, banking, home services and insurance industries. ” “Revive offers an innovative approach to presale renovation,” said Kia Nejatian, executive director, NAR REACH. For 2022, U.S.

Renovation 70

Renovation Technology Banks Finance 70

Marco Santarelli

MAY 30, 2024

Potential for Revitalization: Investor activity can revitalize neighborhoods by renovating older properties and bringing vacant units back into the rental market. Impact on Homeownership Rates: A rise in investor ownership can make it more challenging for aspiring homeowners to compete, especially when bidding against cash-backed investors.

Investor 98

Investor Marketing Pre-approval FHA loan 98

GeekEstate

SEPTEMBER 20, 2022

CubiCasa : Its technology is used in 172 different countries and has helped create over 1 million floor plans to date. CubiCasa provides technology for the real estate, appraisal, and mortgage industries and is on a mission to digitize real estate.

Inspection 119

Inspection Property Management Technology Agents 119

RIS Media

MARCH 18, 2022

According to the survey, home renovation plans are still on the rise in order to create or improve purposeful space. 20% are planning basement/attic renovations vs. 14% in 2021. 40% are planning outdoor renovations vs. 35% in 2021. 20% are planning basement/attic renovations vs. 14% in 2021. exercise, work, play games).

Renovation 74

Renovation Equity Finance Technology 74

Realtor.com

JANUARY 11, 2023

Builders can help first-time buyers with better financing. Many builders can offer financing through their company’s mortgage arm or through a lender affiliate and also have programs to help reduce the amount of cash a buyer needs to close on a home. ” Customization is cheaper than renovation. Getty Images.

New Construction 110

New Construction Construction VA loan Finance 110

Realtor.com

APRIL 22, 2021

If you can earn more than the interest you’d pay to borrow, then you should keep that money invested and finance the project,” Mr. Silver said. Finance professionals recommend that homeowners avoid charging project costs on credit cards unless they plan to pay the bill in full when it arrives. So refinancing may be your only option.

Equity 88

Equity Renovation Banks Lending 88

HomeLight

MARCH 10, 2023

Manufacturing, which has long been the staple of Buffalo’s economy , has fallen off in the past few years, but the city has successfully shifted growth to its technology, health, and education sectors. Its technology sector has expanded in recent years, becoming an important part of its economy. increase over 2022.

House Flipping 83

House Flipping Renovation Investor Finance 83

RIS Media

APRIL 14, 2022

The new technology helps connect Latter & Blum agents and their clients with the widest range of options available to them at any given time, a release stated. Pre-listing financing options to make home improvements to maximize the sales price and proceeds. For homebuyers: Traditional purchase mortgage financing options.

Finance 73

Finance Renovation Agents Technology 73

Realty Biz

JANUARY 19, 2024

Let's start with some detailed information and actionable tips on financing. From preparing your finances and exploring mortgage options to calculating your budget, these steps set you on the right path toward finding your dream home. These may include financing contingencies or appraisal contingencies.

Debt-to-income ratio 100

Debt-to-income ratio Pre-approval Purchase and sale agreement Inspection 100

Realtor.com

JANUARY 19, 2023

A recent study by the Institute for Building Technology and Safety found manufactured homes built from 1994 onward to be as safe as their site-built counterparts during tornadoes and hurricanes. Another big hurdle for some would-be buyers is financing. In terms of renovations, there were some limitations.

Construction 94

Construction Renovation Land Finance 94

Realty Biz

DECEMBER 18, 2023

Lingrove's goal is to revolutionize and reduce the carbon footprint of the trillion-dollar market for renovation and new construction materials, creating interiors that are not only aesthetically pleasing but also environmentally friendly. This is achieved by replacing plastics, metals, and wood with a renewable-sourced alternative.

Principal 96

Principal Construction New Construction Commercial 96

Housing Wire

DECEMBER 12, 2022

The mortgage lender’s overall origination volume dropped 54% from January to September compared to the same period in 2021, according to data from Inside Mortgage Finance. Relying on technology. Bank is relying on technology upgrades to achieve greater performance, having moved to a new originations platform this year.

Marketing 360

Marketing Lending Banks Loans 360

RIS Media

DECEMBER 14, 2020

Second Century Ventures, the strategic investment arm of the National Association of REALTORS® (NAR) and active global real estate technology fund, is now accepting applications for the 2021 REACH and REACH Commercial programs. Applications for the 2021 REACH and REACH Commercial programs will be accepted through Jan.

Commercial 72

Commercial Technology Branding Residential 72

Realtor.com

AUGUST 18, 2020

The average rate posted on Bankrate.com for a 30-year fixed refinance mortgage was 3.39% Monday, well above the 3.14% on offer for a purchase mortgage, according to the personal-finance website. Their per-loan compensation is typically a bit higher for purchases, according to mortgage-technology company LBA Ware. in Rockville, Md.

Mortgages 95

Mortgages Loans Loan Officer Technology 95

GeekEstate

DECEMBER 29, 2020

I worked on high-profile, multimillion-dollar ground-up developments and major renovations across the city. These programs informed my vision of how the industry could be transformed by automation and other technologies, and that laid the foundation for Northspyre. What problem does your product/service solve?

Commercial 113

Commercial Development Technology Industrial 113

Real Trends

DECEMBER 14, 2022

Financing options available to veterans. There are many options: VA renovation loans, VA one-time close loans, VA energy efficient mortgages and VA interest rate reduction, just to name a few. Just as down markets are a perfect time to re-invest in new technologies, it can also be the perfect time to invest in a new client base.

VA loan 103

VA loan Loans Lending Loan Officer 103

Realty Biz

MARCH 14, 2021

That’s according to the latest research from the real estate technology industry strategist Mike DelPrete, who revealed that the losses translate to a deficit of about $40,000 on each home Opendoor and Zillow sold in the last year. The iBuyer will then renovate the home if necessary, and then try to sell it on at a profit.

Pre-approval 101

Pre-approval Home sale contingency Title Renovation 101

Realty Biz

JULY 29, 2022

The organization will help you safeguard your finances and prepare for tax season. Keeping your personal and business finances separate is always advised, but real estate investors should take this a step further. Lean into technology and automation. This is an incredibly important part of being an efficient property manager.

Investor 90

Investor Banks Finance Technology 90

Realtor.com

DECEMBER 11, 2020

trillion of mortgages, according to industry-research firm Inside Mortgage Finance. 2003 was a record that nobody thought would ever be achieved again,” said Guy Cecala, chief executive of Inside Mortgage Finance. a mortgage technology and data company. In the first nine months of the year, lenders extended $2.8

Mortgages 114

Mortgages Loans Lending Finance 114

HomeLight

APRIL 30, 2022

Buying a house is still one of the most stressful and time-consuming processes in the modern world, even with the advent of technology. Beyond standard MLS listings, home search apps can offer a deep dive into data to help you research, bid, buy, finance, insure, and even renovate your new home. Mortgage portals.

Closing 82

Closing MLS Pre-qualification Due diligence 82

HomeLight

MARCH 30, 2022

According to the loan software firm ICE Mortgage Technology, it took 54 days on average to close a home purchase loan in December 2021. His client received a cash offer of $60,000 over the asking price, but the sale likely would have fallen through because of a low appraisal if the buyer needed financing.

Sales 89

Sales Investor Renovation Due diligence 89

Realty Biz

MARCH 9, 2023

Real estate firms’ plans include responding to government influence, adopting newer technologies for low-carbon heating and cooling, upgrading to eco-friendlier lighting systems, and incorporating climate change risks into asset and portfolio valuations. However, the journey toward net zero has already started.

Finance 85

Finance New Construction Industrial Renovation 85

Housing Wire

JULY 8, 2022

“MIM’s analysis indicates that simply moving institutional ownership of SFR from 2% today to 10% [of the investment-property market] in the future will result in a need for over $200 billion in incremental debt financing.”. They are, she explained: 1.) imposing large rent increases; 2.) adding large fee increases; 3.)

Equity 388

Equity Residential Investor As-is 388

Realtor.com

APRIL 14, 2021

” The changes in everyday life due to the pandemic have placed a greater emphasis on the value of a home, says Rick Rudman , CEO at Curbio, a home renovation technology company. . “The best time to buy is when it makes sense in your life.” Prepare for bidding wars ahead of time.

Pre-approval 111

Pre-approval Mortgages Loans Banks 111