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Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle?

Housing Wire

In 2021, McCormick resold two renovated properties that she originally purchased at foreclosure sale on Auction.com in her hometown of Dayton, Ohio. Both properties sold to owner-occupant buyers for under $150,000 apiece. “I Owner-occupants purchased renovated foreclosures for an average price of $261,543 in 2020 and 2021 combined.

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Opinion: It’s time for bi-partisanship on affordable manufactured housing homeownership

Housing Wire

The average income of a manufactured housing homebuyer is around $50,000, while the average income of a buyer of a site-built home is over $100,000. Many are in need of significant repairs but are owned by mom-and-pop operators without the capital necessary to carry out critically needed renovations.

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Royden Oaks Houston Neighborhood Maps

Houston Properties

Royden Oaks neighborhood features tall and mature trees that line the roads filled with hedges designed to emanate a classic American neighborhood vibe. Similar to Houston’s most affluent neighborhoods, developers renovated many of Royden Oaks homes and replaced them with newer and larger properties. lower risk for mistakes.

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Sandalwood Homes For Sale

Houston Properties

They brought a lot of buyers through, and we were fortunate enough to have multiple offers to choose from. Sandalwood is the perfect place for buyers who are looking for a perfect balance between a luxurious lifestyle and serene city living. – 2017: #1 Individual Agent, Keller Williams, Texas. lower risk for mistakes.

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Must-Read Tips to Appraise, Buy, and Sell Special Purpose Property [2021]

The Robert Weiler Company

Today, it is in the aforementioned neighborhoods that a special purpose property – buildings designed for one specific use – are being repurposed for new ventures. And, they too, face a variety of challenges unique to their designation. For instance, the property’s layout may be distinctive or it the building’s design one-of-a-kind.

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Houston Lofts For Sale

Houston Properties

They are designated as the Historic District in Downtown Houston. The heart of Houston has it all From a new baseball stadium to renovated theaters. They brought a lot of buyers through, and we were fortunate enough to have multiple offers to choose from. – 2017: #1 Individual Agent, Keller Williams, Texas.

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Cohousing’s Intentional Lifestyle Gains Appeal Among Seniors

Will Springer Realtor

As the number of households aged 65 and over increased by more than a million each year since 2014, there is solid evidence of many people nearing retirement wanting to stay in their existing surroundings, even renovating the home to be more accessible for years to come. Some communities lease the homes to members.