Housing Wire

OCTOBER 10, 2024

What do you get when you combine home renovation specialists with a lender that can provide funds in short order? The new partnership between HouseAmp and Renovation Sells. The Renovation Sells platform focuses on design and construction, while the loans come from HouseAmp.

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Renovation Finance Equity Technology 413

Housing Wire

JULY 24, 2024

But sometimes the cost of renovations can exceed the amount of cash that a retiree has access to, particularly for the majority of older Americans living on fixed incomes and relying on benefit programs like Social Security. More drastic renovations can double or even triple that figure.

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Renovation Branding Design 455

Housing Wire

AUGUST 19, 2024

According to public record tax assessor data, all four are now also owner-occupied “I’m trying to establish our community again,” Morgan said, noting the extensive renovations he does before reselling the homes to retail buyers. I’m trying to make homes in certain areas livable again. I can’t just be a part of that problem.

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Renovation Development Investor Finance 455

Housing Wire

FEBRUARY 11, 2025

Consumers also said they were willing to tackle renovation costs if it meant achieving homeownership, according to the survey. RESimpli found that 80% of respondents are open to purchasing a home that requires significant renovation. Younger homeowners are more likely to pursue renovations, despite rising renovation costs.

Mortgages 367

Mortgages Renovation Technology Sales 367

Housing Wire

JANUARY 23, 2024

Fifty-five percent of surveyed baby boomers plan to remain in their existing homes as they age, but less than a quarter of those surveyed have any plans to renovate their homes to more safely and easily accommodate natural changes that come with aging.

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Renovation Development Industrial As-is 519

Housing Wire

MAY 19, 2025

They find aesthetically challenged homes in coveted LA neighborhoods, crunch the numbers, hire interior designers to renovate them so they look good on Instagram and then list and sell them for a tidy profit. To succeed in renovating luxury homes, you need to understand what buyers want. Sounds too good to be true, right?

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Closing Renovation Hard money loan Design 382

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.

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Renovation Equity Mortgages Loans 382

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.

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Renovation Equity Construction Loans 370

Housing Wire

NOVEMBER 26, 2024

To better accommodate their needs as they age, baby boomer homeowners will likely need to renovate their homes to more easily accomplish goals related to aging in place and living in a safer, more comfortable dwelling. But for those opting to age in place, the renovations will be needed for safety and comfort in older age, he added.

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Renovation Technology Finance As-is 384

Housing Wire

JANUARY 9, 2025

This finding likely stems from an increase in renovation costs over the past three years, forcing some buyers to pursue costly financing sources to improve their homes. A study by online home improvement platform Houzz highlighted a 60% increase in renovation expenses between 2020 and 2023.

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MLS Renovation Finance Marketing 400

Housing Wire

APRIL 4, 2025

Citing concerns about renovation needs, associated costs and even ugliness, the U.S. The outlet previously reported that the costs of renovating the aging complex could top $500 million. Department of Housing and Urban Development (HUD) is reportedly ramping up its discussions about relocating its headquarters in Washington, D.C.,

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Renovation Land Construction Development 364

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.

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Loan Officer Loans VA loan FHA loan 328

Housing Wire

JANUARY 27, 2025

But taking a longer-term look at a homes suitability to accommodate natural challenges that emerge later in life is also taking hold among homeowners seeking to start renovation projects, the report said. The Federal Reserve is poised to make a decision on where interest rates will go at its next meeting later this week.

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Industrial Renovation Design As-is 382

Housing Wire

MAY 20, 2025

Anchor Home specializes in high-end residential sales, staging, new construction consultations and renovation strategies. She also serves on the board of Rebuilding Together , a nonprofit that supports critical home renovations for neighbors in need. Their average listing price is $1.7 million, according to Compass.

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New Construction Renovation Principal Construction 352

Lighter Side of Real Estate

NOVEMBER 25, 2024

Thinking about a major home renovation? But if you’re thinking more along the lines of “five years, maybe less,” you might want to scale down those renovation dreams. Especially if it doesn’t make you more money on the sale of your home… 2) “ Will it improve the value of the home more than the cost of renovations?”

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Renovation Branding Construction As-is 108

Housing Wire

MAY 15, 2025

Larger-scale renovations can also be helpful including adding handrails or bars in a bathroom or hallways; smoothing flooring to reduce the potential for falls; and accessibility renovations like roll-in tubs or widening doorways to accommodate wheelchairs.

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Renovation Finance As-is 322

Housing Wire

MAY 12, 2025

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. In these locations, the typical home sold was no more than nine years old.

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Construction Renovation Inspection Agents 388

Housing Wire

DECEMBER 17, 2024

The rule applies existing protections for residential mortgages to borrowers who seek PACE loans to upgrade or renovate their homes through clean energy technology. PACE loans which are often used to finance environmentally minded renovations, like the addition of solar panels have led to financial instability for some borrowers.

Loans 385

Loans Mortgages Finance Lending 385

Inman

APRIL 1, 2025

Revive has used its findings in the presale renovation space to produce an extensive white paper that dedicates its pages to proving the value of updating a home before selling it.

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Renovation Agents Equity Sales 151

Housing Wire

MAY 5, 2025

Thats why its important to weigh the cost of such renovations versus other options, including finding a home that may already be well-suited for living in later life. Home modifications are a growing business , but when it comes to accommodating aging, the expense can be steep depending on the condition of the home.

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Renovation As-is Agents 460

Housing Wire

DECEMBER 11, 2024

On Tuesday, two Ohio -based companies that specialize in the acquisition, renovation and management of distressed real estate properties in Northeast Ohio, Abandoned Homes Project Scattered Site I LLC and Scattered Site II LLC., The suit is not seeking class action status, and the plaintiffs made no demands for injunctive relief.

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Renovation MLS Agents As-is 284

Housing Wire

APRIL 25, 2025

But the university researchers are developing an app that can visualize someones home and make recommendations for certain renovations that would make it easier to remain in the home for longer.

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Renovation Technology Development As-is 366

Housing Wire

JULY 22, 2024

Department of Housing and Urban Development (HUD) on Monday announced a new $175 million notice of funding opportunity (NOFO) under its Continuum of Care (CoC) program, which will go toward the development of new rental housing units with “supportive services for people experiencing homelessness ,” the department explained.

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Construction Renovation Principal Development 452

Housing Wire

JUNE 24, 2024

But a nonprofit organization in the Seattle area is seeking to help more seniors renovate their homes to age safely. And a state property tax relief program recently raised its maximum income threshold to allow more Puget Sound-area seniors to qualify.

Renovation 385

Renovation Construction As-is Mortgages 385

Housing Wire

OCTOBER 24, 2024

The most powerful evidence of equity stripping shows up in subsequent resales (flips) of pre-foreclosure purchases that occur within 30 days of the original pre-foreclosure sale — indicating the pre-foreclosure buyer would have little time to add value to the property through renovation. I give them everything. Here are your options.

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Bankruptcy Equity Hard money loan Finance 425

Housing Wire

DECEMBER 11, 2024

On Tuesday, two Ohio -based companies that specialize in the acquisition, renovation and management of distressed real estate properties in Northeast Ohio, Abandoned Homes Project Scattered Site I LLC and Scattered Site II LLC., The suit is not seeking class action status, and the plaintiffs made no demands for injunctive relief.

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Renovation MLS Agents As-is 275

Housing Wire

MARCH 6, 2025

Supporting local jobs with “Full Renos “ Along with the prompt and premium property management he provides to tenants, Richards also takes pride in the extensive and high-quality renovations he does on newly acquired properties, most of which are in poor condition when he buys them.

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Renovation Investor Property Management Development 365

Housing Wire

JANUARY 22, 2025

Evernest already offers services including brokerage , maintenance, renovation, insurance and lending. Evernest and Poplar have each achieved national recognition on the Inc. 5000 list in the past. Poplar co-founder Chuck Hattemer will also join Evernest to guide integration and growth initiatives.

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Property Management Investor Lending Renovation 384

Housing Wire

NOVEMBER 22, 2024

These costs include mortgage payments, property taxes, insurance and utilities that must be paid while renovations are performed. Survey respondents cited high holding costs as another key stressor. The average interest rate for a fix-and-flip loan also rose in Q3 2024 to 10%, according to Kiavi.

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Investor Mortgages Renovation Loans 412

Housing Wire

DECEMBER 9, 2024

And more than one-third of respondents (36%) said they cannot afford to make accessibility renovations on their home to better support their preferences. Nearly half of respondents (47%) added that their current homes are unsuitable for supporting the accessibility needs that typically come with the natural aging process.

Renovation 370

Renovation Closing As-is Marketing 370

Lighter Side of Real Estate

JUNE 6, 2025

Renovating a home can be an adventure. 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. 1 point) 7) You watch home renovation shows to… Pick up tips on how to renovate like the pros. (3

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Renovation Equity Construction Design 115

Housing Wire

JULY 7, 2025

Jayne also was the chief construction officer for Genesis Capital and works in residential real estate development, having founded a Los Angeles -based firm that specializes in unique and historic renovation projects. Jayne’s role at Kiavi will focus on growth initiatives for the company’s construction lending vertical.

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Lending Construction Finance Loans 368

Housing Wire

JANUARY 27, 2025

For homeowners , stay top-of-mind by providing ongoing valuelike market insights or renovation adviceso they return when its time to sell. By staying connected with clients post-transaction, real estate professionals can provide insights on refinancing, renovations, or market trends to reinforce their roles as their go-to resources.

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Technology Renovation Industrial Agents 386

Housing Wire

DECEMBER 9, 2024

The grant funds will be primarily deployed to bolster infrastructure, construction or renovation of community buildings, housing rehabilitation, land acquisition and economic development for the American Indian and Alaska Native populations. Department of Housing and Urban Development (HUD) on Monday announced the disbursement of $72.6

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Principal Land Development Renovation 370

Housing Wire

MAY 12, 2025

Instead, these people are renovating or making improvements by tapping into their equity. Homeowners are cashing out to renovate as mentioned, but real estate investors are purchasing older homes to rehab and sell or rent out. They want to keep that rate intact and have made the decision not to move. Homes across the U.S trillion.

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Loans Investor Renovation Equity 338

Housing Wire

NOVEMBER 15, 2024

If the home you’re hoping to buy doesn’t have the accessibility you’re looking for, you’ll want to check with a contractor to see what kind of renovations are possible,” the story said. Bathrooms are also a major focus, since they can often serve as common sites for falls or other accidents since slippery, wet surfaces can be easy to find. “If

Design 413

Design Renovation Branding Development 413

Housing Wire

NOVEMBER 13, 2024

Making small accessibility improvements or renovations in the home can sometimes be the difference between remaining housed or becoming displaced, according to Erin Izen, executive director of the Home Depot Foundation. While veteran homelessness has decreased by 55% over the past decade, it began to rise again in 2023.”

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Technology Renovation Construction Development 370