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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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 476

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 Loans Mortgages 393

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 As-is Industrial 523

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

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 418

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 395

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 339

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

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 470

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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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

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 396

Renovation Construction As-is Mortgages 396

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.

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Loans Mortgages Finance Lending 396

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 473

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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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

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 101

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

Brownstoner

NOVEMBER 8, 2024

A former home to dairy workers on the Wilderstein estate, this Rhinebeck tenant house has been extensively renovated in recent years, resulting in a home with modern amenities wrapped in a charming Hudson Valley cottage exterior. Million appeared first on Brownstoner.

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Renovation Marketing 105

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 396

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 434

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.

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Renovation Closing As-is Marketing 370

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 Agents Industrial 397

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

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Design Renovation Branding Development 435

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

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.

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Renovation Agents MLS Equity 387

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

Housing Wire

OCTOBER 31, 2024

It “empowers financially secure homeowners to tap into their home equity for meaningful pursuits — be it renovating their living space, funding a child’s education or buying a second home,” she said.

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Mortgages Equity Loan Officer Loans 434

Fancy Pants Homes

NOVEMBER 7, 2024

A two-story home in Hollywood Hills East, close to ritzy Los Feliz, recently landed on the market following a stellar renovation that upgraded its timeless architectural style for modern-day living. million renovation using Tim Campbell Studios for the architectural design.”

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Renovation Design Land Closing 98

AAOA

MARCH 4, 2025

COUNTERTOPS Preassembled laminate kitchen countertops can improve the appearance and durability of your unit’s kitchen while lowering the overall renovation time. Companies like Kitchen Cubes sell both the cabinets and the countertops, making the renovation process quick and painless. This can include sinks, fillers, and molding.

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Renovation Property Management Title As-is 94

Housing Wire

MARCH 20, 2025

So, they will have to do some very smart buying and quick renovating to keep the profit rebound going. This year poses significant uncertainty for investors, what with a short supply of homes for sale, declining numbers of low-priced foreclosure properties, mixed economic forecasts, and elevated mortgage rates, he said.

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FHA loan Investor Finance Renovation 347

Housing Wire

MAY 5, 2025

This includes things that make the property a great investment, like its location, any recent renovations that were done well, or the potential to convert the property to a rental. As a real estate agent, you can highlight value-adding features that buyers may overlook.

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Agents Industrial Renovation As-is 394

Housing Wire

JANUARY 21, 2025

David Herron, whose late dementia-impacted mother signed what she thought was paperwork for home renovations from Diamond, never saw the promised work start. Those who became wrapped up in the web of Diamonds alleged scheme hope to see the measure become law. When asked if she had ever received any money from the arrangement, Herron said no.

Mortgages 370

Mortgages Renovation Loans As-is 370