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Top markets for affordable renovated housing inventory

Housing Wire

Home sales in August decreased 1.5% Renovated Inventory to the Rescue. Despite the rapidly deteriorating affordability, there is some hope for homebuyers in the form of renovated homes: properties that have been rehabbed into move-in ready condition after being purchased at foreclosure auction or bank-owned (REO) auction.

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What renovations should you make before selling your home?

Housing Wire

Making these four renovations can help you do it successfully. A lot of buyers are shopping virtually these days, so any renovations that can make your home look better in photos is a good thing. If you know there’s something broken or needs renovation, then get it fixed before putting your home on the market. The bottom line.

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To Renovate or Not To Renovate Before You Sell

Keeping Current Matters

However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal market. There aren’t enough homes for sale right now. A normal market has a 6-month supply of houses for sale, but today’s housing inventory sits far below that benchmark.

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Regions Bank places $1B bet on home renovation market

Housing Wire

We have thoughtfully evaluated the home improvement point-of-sale lending space for a number of years, and we believe this is the right partner at the right time to deliver on our vision,” said Scott Peters, Regions’ head of consumer banking. in 2021 to $433 billion. The space remains dominated by depository banks.

Banks 411
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Pending home sales down again in September

Housing Wire

After rising 8% in August, pending home sales dropped 2.3% in September, according to the National Association of Realtor’s pending home sales index report released on Thursday. Top markets for affordable renovated housing inventory. Pending contracts are good early indicators of upcoming sales closings.”. year-over-year.

Sales 417
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How pre-sale renovations are changing home sales

GeekEstate Agents & Brokers

For the last couple of decades, the real estate industry’s focus on improving the home sale experience has centered on speed. Marketing messaging promises faster sales, speedier loan processing, and quicker closings. ” Some home sellers want — and need — a faster sale. Revive found that renovated homes sell 72% faster.

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Revive Vision AI to Power Pre-sale Home Renovation Solutions for Real Estate Professionals

Realty Biz

Introducing Revive Vision AI, a cutting-edge pre-sale home renovation solution by Revive. This innovative tool uses property photos to evaluate a property's current value and renovation possibilities. Revive Vision AI" from Revive is an advanced pre-sale home renovation solution.