Housing Wire

FEBRUARY 12, 2024

residential mortgage market and housing-related assets. We have been working with AFR on the transition plans over the last several months and are excited about the opportunity to build on a great foundation,” Craig Cohen, managing member of Proprietary Capital, said in a statement.

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Lending New Construction Construction Finance 379

Housing Wire

MAY 1, 2023

The Consumer Financial Protection Bureau (CFPB) announced on Monday a proposed rule that seeks to bolster consumer protections for borrowers seeking Property Assessed Clean Energy ( PACE ) financing for home renovations. The proposed rule would implement a Congressional mandate establishing consumer protections for the residential PACE loans.

Loans 346

Loans Lending Finance Renovation 346

Housing Wire

JULY 7, 2023

In June, employment in residential specialty trade contractors continued to trend up (+10,000). In the June jobs report, residential building construction employment is up 0.8% year over year, while non-residential is up by 4.8%. The fastest monthly growth came from residential specialty trade contractors.

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Construction Residential MLS Renovation 362

Housing Wire

MARCH 4, 2022

jobs report released Friday shows that 678,000 non-farm payroll jobs were added in February, and the return of skilled labor in residential construction is reason alone for optimism. Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle? After mixed results in January , the U.S.

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Residential Construction Renovation Industrial 370

Housing Wire

JULY 1, 2022

Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle? An estimated 140,000 renovated properties purchased at foreclosure auction or bank-owned auction were resold to owner-occupant buyers between January 2020 and December 2021. million first-lien residential mortgages with $2.6

Banks 384

Banks Mortgages Principal Short sale 384

Realtor.com

MAY 12, 2021

So whether you’re looking to renovate a studio apartment or small house, there are ways to make your space look chic without skimping on style or functionality. When you feel rushed or want to seek out a cheaper alternative, your renovation plans can go awry.”. Just like the size of your home, a little can go a long way.

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Renovation Inspection Construction Residential 116

Housing Wire

AUGUST 4, 2023

Employment in the construction industry continued to trend up in July, adding 19,000 jobs, especially in the residential construction space. Furthermore, residential building construction employment was flat year-over-year in July, while non-residential was up by 5.9%, according to First American Economist Ksenia Potapov.

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Marketing Residential Construction Commercial 328

The Residential Specialist

MARCH 16, 2022

Our experts share how to handle renovation properties to get the best results. Some homes require extensive updates prior to selling, while others must be marketed as purely renovation projects or complete tear-down opportunities. To renovate or not to renovate. By Jenna Grundtner.

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Renovation Land Sales Design 95

Housing Wire

NOVEMBER 4, 2021

Since the last housing bubble burst, when more than a million residential construction workers lost their jobs , a shortage has developed. Top markets for affordable renovated housing inventory. “From 2022 through 2024, this total represents a need for an additional 2.2 million new hires for construction. That’s a staggering number.”.

Construction 526

Construction Renovation New Construction Development 526

Better Dwelling

JUNE 2, 2021

BMO senior economist Robert Kavcic crunched home renovation numbers for Q1 2021. The bank found household spending on renovations hit a new high last quarter. The post The Canadian Property Bubble Pushed Renovation Spending To Over 3% of GDP: BMO appeared first on Better Dwelling.

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Renovation Banks Sales Residential 138

Housing Wire

MAY 5, 2022

million to build and renovate 130 affordable homes in Nashville, Tennessee, bringing the total investment in the city to about $100 million. million low-rate loan to Cherry Oak Apartments, a mixed-income 96-unit residential apartment with 53 affordable units, in partnership with the Metropolitan Development Housing Agency , Amazon said.

Equity 370

Equity Renovation Loans Development 370

Louisville Homes

JULY 10, 2023

Whether you’re planning on selling your Louisville home now or in the future, it’s smart to know the renovations that increase your property value the most. It’s […] The post 11 Renovations That Increase Your Property Value the Most appeared first on Real Estate Expert Tre Pryor.

Renovation 52

Renovation Marketing Residential 52

Realtor.com

JUNE 23, 2021

There’s no better time to renovate than amid a pandemic—and according to a new report by Houzz, we’re spending more on remodeling than ever. Plus, 56% of respondents reported that they plan to renovate even more in 2021. For more on how—and where—Americans are spending their renovation dollars at home, read on.

Renovation 95

Renovation Residential Technology Design 95

Housing Wire

AUGUST 10, 2022

The SEC alleges that Angel Oak raised $90 million through a March 2018 securitization of “loans made to borrowers for the purpose of purchasing, renovating and selling residential properties” — also known as fix-and-flip loans, which were originated by an Angel Oak-affiliated entity.

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Investor Renovation Principal Loans 371

Housing Wire

NOVEMBER 10, 2020

The passing of Amendment B repealed the Gallagher Amendment of 1982, which set residential and non-residential property tax assessment rates in the Colorado state constitution. In comparison, homeowners paid 21% in taxes in the ‘80’s. Louisiana : Amendment 6 passes.

Residential 447

Residential Principal Development Renovation 447

Fancy Pants Homes

JANUARY 15, 2024

With its world-class golf courses, scenic beauty and natural landscapes, and high degree of privacy and exclusivity, the small coastal residential community of Pebble Beach is a magnet for affluent homebuyers. Built in 2000 and fully renovated in 2023, the property has nearly 7,500 interior square feet on a 3.16-acre

Renovation 52

Renovation Sales Commercial Design 52

Housing Wire

AUGUST 20, 2021

And then there’s KWx , the parent company of residential brokerage Keller Williams. The company recently hired Raymond “RJ” Jones to lead its iBuying program as well as Keller Manage, a new service for home maintenance, renovations and moving. This content is exclusively for HW+ members.

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Renovation Residential Brokerage Agents 370

Housing Wire

MARCH 3, 2021

MAXEX , a digital exchange platform for buying and selling residential loans, announced on Wednesday the launch of two new lending programs in collaboration with JPMorgan Chase for green energy home improvements.

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Loans Banks Residential Finance 441

HomeLight

FEBRUARY 4, 2022

The pandemic cast our homes in a whole new light and subsequently shifted which renovations increase home value. One-third of top agents in a HomeLight survey ranked “the desire to make homes a sanctuary from the world” as the number-one reason for renovations in their market. Get a Home Value Estimate Before You Renovate.

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Renovation Agents As-is Design 123

Housing Wire

APRIL 18, 2023

While HELOCs continue to set the stage as flexible products that provide quick access to financing for a multitude of uses, including home renovations, debt consolidations or emergency purchases, severe contraction across the lending industry in the fourth quarter of 2022 affected HELOCs in terms of origination volume.

Equity 319

Equity Lending Finance Loans 319

Housing Wire

MAY 17, 2023

In fact, ATTOM reports that one in 12 home sales in the nation last year, or 8.4%, involved fix and flip investors — whose strategy is to acquire, renovate (fix) and then resell (flip) the properties. People are calling it the Great Renovation. How long that can continue is hard to say.”

Finance 368

Finance Marketing Lending Investor 368

Louisville Homes

AUGUST 19, 2021

Fortunately, there are multiple ways to do so, and investing in various renovations is one of them. But, blindly renovating anything without proper research and execution can do you more harm than good. In this article, we’re going to cover seven renovation mistakes that you’ll want to avoid. Photo by Annie Gray.

Renovation 52

Renovation As-is Design Marketing 52

Housing Wire

JULY 6, 2023

One source of added inventory is the fix and flip industry , which is expected to acquire and renovate some 350,000 homes in 2023, according to Kurt Carlton, president of New Western , a private real estate investment marketplace. Where might added inventory come from, if the bulk of existing homeowners continue to remain on the sidelines?

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Renovation Sales Investor Mortgages 466

Realtor.com

FEBRUARY 19, 2021

TourFactory It isn’t common for a buyer to renovate a home and embrace a truly retro vibe, but that’s exactly what the owners of one midcentury modern residence in Austin, TX, did. The tower still stands as part of a new residential and commercial development on the old airport land. Bathroom TourFactory. Living space TourFactory.

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Renovation Design Commercial Land 112

Realty Biz

APRIL 12, 2024

million in funding for the construction or renovation of mixed-use developments. Mixed-use" refers to retail and residential space structures for these developments. The Pennsylvania Housing Finance Agency has unveiled seven projects that will receive $4.5

Development 77

Development Commercial Renovation Finance 77

Housing Wire

FEBRUARY 18, 2022

AVMs do not account for upgrades or renovations. Sometimes properties have increased in value due to recent upgrades or renovations. James Dawkins is a certified residential underwriter at Cardinal Financial. This information is not known by AVMs, nor do they calculate possible value adjustments.

Commercial 380

Commercial Renovation Technology Inspection 380

Realty Biz

DECEMBER 28, 2023

The company's branch, Vivo Living, which focuses on transforming underused hotels into residential apartments, was established in 2020. By choosing to renovate instead of demolishing, Vivo Living has saved an average of 4,118 tons of landfill waste per building.

Renovation 88

Renovation Construction Residential Development 88

Housing Wire

AUGUST 1, 2022

New Residential Investment Corp. The lender’s HELOC product is the first offering of its mello business unit, which was created in March that focuses on developing mortgage-adjacent lending products and services. .

Equity 384

Equity Loans Lending Banks 384

Housing Wire

MAY 3, 2022

The residential real estate industry faces an interesting dynamic of rising mortgage rates while, at the same time, homeowners have record equity in their homes. For instance, if the homeowner has only withdrawn $50,000 of the HELOC for a renovation or downpayment on a new home, the person would only be paying interest on the $50,000.

Equity 396

Equity Fixed-rate mortgage Principal Mortgages 396

Housing Wire

JUNE 1, 2022

The residential real estate industry faces an interesting dynamic of rising mortgage rates while, at the same time, homeowners have record equity in their homes. For instance, if the homeowner has only withdrawn $100,000 of the HELOC for a renovation or downpayment on a new home, the person would only be paying interest on the $100,000.

Equity 384

Equity Fixed-rate mortgage Principal Loans 384

Housing Wire

APRIL 14, 2022

ALTA has also published statements that traditional SFR search and examination functions reveal that 75% of residential properties are deemed ‘clean title,’ which renders title insurance unnecessary.”.

Title 395

Title Loans Land Industrial 395

Housing Wire

OCTOBER 24, 2022

“No voucher/sec-8 — find ways to reject, applicant must meet every requirement (credit, security deposit, income etc), in the case that we have to lease to them which we should find every way out of, don’t put in renovated units,” the email stated.

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Property Management Renovation Residential Technology 374

Housing Wire

APRIL 27, 2021

The acquisition of Parkside’s wholesale business comes roughly one month after Finance of America’s acquisition of Renovate America’s Benji business , an expansion into the home improvement lending space. Similarly, New Residential Investment Corp.

Finance 370

Finance Lending Mortgages Renovation 370

Sotheby's International Real Estate

APRIL 18, 2023

The illustrious Rosario Candela—one of the most widely esteemed residential architects of early-20th-century Manhattan—left a legacy of luxurious towers across the city as enduring examples of generous proportions and exceptional taste. Continue reading Inside a Luxurious Fifth Avenue Duplex at Sotheby´s International Realty | Blog.

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Renovation Residential As-is 102

Sotheby's International Real Estate

SEPTEMBER 18, 2022

High above Manhattan, this chic condominium home in one of the city’s most sought-after residential buildings has been renovated with impeccable attention to detail. Serena Boardman | Sotheby’s International Realty – East Side Manhattan Brokerage.

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Renovation Residential Brokerage 114

Marco Santarelli

SEPTEMBER 8, 2023

It refers to the increase in the value of a residential property over time. Definition of Home Appreciation Home appreciation can be defined as the gradual rise in the monetary worth of a residential property. ” This metric is a key indicator of how residential property values are changing in a specific area or region.

Renovation 93

Renovation Equity Residential Investor 93

HomeLight

JUNE 14, 2023

Most home renovation shows would have you believe that gutting and remodeling your house is as simple as a 30-minute programming block. According to HomeAdvisor, a full home renovation costs $150,000 on the high end, and that doesn’t account for unexpected bumps along the way.

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Renovation Construction Design As-is 139