Housing Wire

JANUARY 3, 2024

million over that period to acquire 52 units and renovate several of its 50 existing units. million bond to purchase property to construct affordable housing for teachers and staff. Homebuilders also tend to build where it’s most cost-effective and faster, which means new construction tends to be concentrated in the Sun Belt.

Landlords 428

Landlords Home Value Construction Renovations 428

Housing Wire

AUGUST 4, 2023

Job gains came in lower than both the 278,000 monthly average for the first half of 2023 and the 399,000 average of 2022. Employment in the construction industry continued to trend up in July, adding 19,000 jobs, especially in the residential construction space.

Marketing 278

Marketing Construction Renovations Home Improvement 278

Housing Wire

MARCH 26, 2024

The inventory shortage — in addition to high financing costs tied to elevated interest rates and related inflation for construction expenses — led to a nearly 30% decline in home flips in 2023, according to real estate data firm Attom. In 2023, the landscape for home flipping across the U.S. billion that closed.

Investors 426

Investors Marketing Inventory Real Estate 426

Housing Wire

JULY 6, 2023

Fannie Mae recently projected originations for 2023 at $1.59 New-home sales are up 20% year over year as of May 2023 while sales of existing homes are down by the same level, resulting in new-home sales accounting for some 30% of total housing inventory. fix-and-flippers] who are willing to sell to a first-time buyer,” he said.

Inventory 447

Inventory Renovations Real Estate Government 447

Will Springer Realtor

JULY 25, 2023

One of those objectives may be to make renovations on the home now when you can still safely – and, we trust, affordably – manage the projects before being too busy playing pickleball, volunteering your time or traveling the world. It will cost about $20K to construct (depending on the size and scope) and deliver a $9K return on investment.

Renovations 36

Renovations Investing Buyers Construction 36

Lamacchia Realty

APRIL 17, 2024

Potential home buyers may be looking for that extra bit of charm that wood floors offer. While some sellers may renovate a bathroom or do small improvements to make the home feel new , don’t overlook the power of a fresh hardwood floor. Hardwood Floors Offer Design Versatility Certain home features can make or break it for home buyers.

Home Value 66

Home Value Buyers Realtors Realty 66

Hank Miller Team

NOVEMBER 15, 2022

Atlanta is one of the steady ones, and housing inventory in Atlanta will not jump in 2023. This is due to several reasons and while 2023 will likely continue the post pandemic “malaise”, the Greater Atlanta housing market remains one of the most stable in the nation. There are a few key things to consider around Atlanta for 2023.

Inventory 52

Inventory Renovations Housing Market Buyers 52

Housing Wire

FEBRUARY 8, 2024

In 2023, Tate was recognized by RealTrends as one of the Best Real Estate Professionals in the United States. Both buyers and sellers value the combined benefits of his individual talents along with membership in one of the most respected real estate firms in New York City. Representing the top 1.5% of more than 1.6

Real Estate Agent 366

Real Estate Agent Real Estate Agents Clients 366

Housing Wire

OCTOBER 17, 2023

Fix-and-flip investors — who tend to be smaller entrepreneurial players — acquire, renovate and then sell existing single-family homes — and, in some cases, hold them for rent for a time, depending on market conditions. in first quarter to 27.5% It shows that home purchases by these investors declined by 90,000 year over year.

Investors 342

Investors Inventory Investing Real Estate 342

Will Springer Realtor

DECEMBER 13, 2022

For 34 consecutive months ending in March, buyers enjoyed mortgage interest rates of 4.0% Sellers, meantime, could put nearly any home on the market and expect a reaction of irrational exuberance from financially sound consumers submitting high-priced offers without buyer-favorable contingencies. early in 2023 and drop to 7.1%

Real Estate 36

Real Estate Buyers Construction Sellers 36

Will Springer Realtor

MARCH 12, 2024

As a result, home buyers and sellers across Seattle/King County saw a mixed bag of activity in February, according to the Northwest Multiple Listing Service (MLS). This return of buyers follows a sluggish late 2023. This return of buyers follows a sluggish late 2023. February’s price was 7.6% There is 1.9

Buyers 57

Buyers Construction Sellers Inventory 57

Housing Wire

SEPTEMBER 22, 2022

This month, she is lucky to have $2 million in her pipeline thanks to closing deals on a construction loan, a condo and a vacant lot. Glessner will close his first renovation loan in 10 years and plans to tap into the market of reverse mortgages, a loan available for seniors aged 62 and over to borrow money against their home equity.

Mortgage 375

Mortgage Loan Officers Inventory Retail 375

Will Springer Realtor

AUGUST 11, 2023

As the chart shows, a historically large segment of Millennials is inching toward 36, the median age of a first-time home buyer in the U.S. An index score of 100 means that a buyer with a median U.S. The national trend for new construction, however, is generally moving in the opposite direction.

Buyers 36

Buyers Development Construction New Listings 36

Appraisal Today

APRIL 5, 2024

With shifts in existing and pending home sales, new home sales, construction activity, and economic indicators such as inflation and mortgage rates, appraisers are navigating a complex landscape. to 7% range for mortgage rates and anticipated fluctuations will significantly impact buyer affordability and demand.

Appraisal 77

Appraisal Contracts Business Construction 77

Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

Appraisal 76

Appraisal Real Estate Real Estate Agent Contracts 76

Appraisal Today

NOVEMBER 3, 2023

FHFA’s Desktop Appraisal Oversight: OIG Report Highlights Documentation Gaps Oct 31, 2023 Excerpts: The lack of consistent record-keeping on desktop appraisal reports could pose risks to financial safety, with the OIG pushing for increased transparency and improved monitoring. Between Oct.

Appraisal 76

Appraisal Contracts Architecture Mortgage 76

Appraisal Today

FEBRUARY 16, 2024

This article provides an insight into the appraisal process of historical properties, emphasizing the role of market data, potential buyers, specialized databases, appraisal methods, and the significant impact of preservation restrictions. Sometimes buyers like them and sometimes not. in October 2023.

Appraisal 80

Appraisal Contracts Training Architecture 80

Appraisal Today

FEBRUARY 17, 2023

I’m always looking for something new ;> If you are a paid subscriber and did not get the February 2023 issue emailed on Wednesday, February 1, please email info@appraisaltoday.com , and we will send it to you!! Do buyers react differently based on the price range, size, quality, or other features of the home?

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Will Springer Realtor

MARCH 14, 2022

Most home buyers focus on the direction of interest rates. It’s very likely that these reductions are temporary, but since they’re happening as the spring home-buying season is kicking off, they provide a bit of a financial cushion for buyers – especially first-time buyers.”. There is so much at play – and at stake.

Housing Market 36

Housing Market Marketing Real Estate Supply Chain 36

Will Springer Realtor

AUGUST 9, 2021

And, Seattle’s attempt to force building developers to incorporate more affordable homes within their new residential endeavors yielded only 21 units in 2020 out of a swell of 224 construction projects. Developers opted to pay fees to the city totaling $68M instead, funds that help construct affordable homes in other parts of the city.

Construction 36

Construction Inventory Property Taxes Development 36

Appraisal Today

JANUARY 19, 2024

During the two-year renovation, the seller, who bought the home in 2017, updated the kitchen with a Bosch cooktop, Gaggenau appliances, and soft-close doors. When a property goes under contract, that is an excellent sign of what the buyer and seller conclude the property is worth. Sliding-glass doors lead out to the yard.

Appraisal 73

Appraisal Contracts Real Estate Architecture 73

Will Springer Realtor

OCTOBER 8, 2021

I also heard the same question from buyers this year. While early to mid-spring was frenzied – featuring waves of cash-carrying buyers with their contingency-absent offers – the housing environment settled down to a somewhat civilized pace by September and likely for the next few months. And that answer appears to be “yes.”

Real Estate 36

Real Estate Buyers Inventory Housing Market 36

Appraisal Today

MAY 26, 2023

A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. I’m always looking for something new ;> If you are a paid subscriber and did not get the May 2023 issue emailed on Monday May 1, please email info@appraisaltoday.com , and we will send it to you!! Or hit the reply button.

Easement 52

Easement Contracts Appraisal Inspection 52

Will Springer Realtor

JULY 9, 2021

In addition to “more space,” prospective buyers were on the hunt for a quiet location (28%) and updated kitchen (25%), as the chart notes. THE ROI OF HOME RENOVATION. While most buyers focus on the standards of kitchens and bathrooms, research shows the best ROI is from replacing the garage door. BY THE NUMBERS . >>

Buyers 36

Buyers Development Transportation Inventory 36