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Homebuyers turn to aging properties as construction lags

Housing Wire

At the end of the day, getting a building inspection is critical. In Austin, the market dynamics have turned in favor of well-located, renovated older homes. They had all been renovated and were in good proximity to the tech companies, bars and restaurants.

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MBA: Home equity debt rose 10% in 2024 — signaling it as a ‘product of choice’

Housing Wire

According to borrower data, home renovations accounted for only 46% of total origination volume in 2024, down from 56% in 2023 and 65% in 2022. In contrast, 24% of originations necessitated a full appraisal , typically including both interior and exterior inspections. The reasons for tapping home equity are shifting.

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How to Assemble a Home Renovation Dream Team for Your Pre-Sale Projects

HomeLight

If you’re considering a home renovation , you’ve got company. In 2023, 51% of homeowners spent $25,000 or more on home renovations, with most of the renovations done on kitchens, bathrooms, heating and cooling systems, and outdoor security. Renovating? Input Address Who’s on your renovation dream team?

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Home Renovation Loan Options for 2025

The Mortgage Report

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?

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14 lucrative jobs in real estate with high earning potential

Housing Wire

Youll need to compare similar properties and adjust for differences in renovations and upgrades to get the fair value of the property you are appraising. Although inspections can be employed whenever needed by sellers, buyers, developers, investors etc. Interested in learning more?

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The Remodeling Projects Bring the Most ROI (and Joy) in 2025

BAM Media

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. ” The Emotional Return on Renovation Its not all about money.

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How To Set A Home Renovation Budget

Rochester Real Estate

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?