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Homebuyers turn to aging properties as construction lags

Housing Wire

of Buffalos home sales involved properties built within the past five years. 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. In these locations, the typical home sold was no more than nine years old.

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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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14 lucrative jobs in real estate with high earning potential

Housing Wire

This could be for multiple situations, like a sale, refinance or purchase of a property. 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. So, depending on what you’re interested in, the world is your oyster!

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11 clever ways to use ChatGPT for real estate in 2025 (+ prompts)

Housing Wire

open-concept living area, renovated kitchen, hardwood floors, large fenced backyard, home office] Special amenities or upgrades: [e.g., Instead of asking, “Tell me about the housing market,” ask, “Can you provide recent sales data for single-family homes in the 90210 ZIP code?” 1,800 sq ft] Key features: [e.g.,

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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. Its about creating a personal retreat that reflects the homeowners style and lifestyle.

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What Buyers & Sellers Really Think about the 2025 Housing Market

BAM Media

Sellers remain confident in their ability to move properties quickly, with 72% expecting to close within 4 months or less.

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How to Buy a Multifamily Property in 10 Steps

The Close

When looking into your finances, consider the following factors: Closing costs: These are generally 2% to 5% of the property’s sales price and include lender fees, title insurance, property insurance, and property taxes. The higher the home’s sale price, the higher your closing costs. Pro Tip: Overestimate your expenses.