Housing Wire
NOVEMBER 23, 2021
The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes in economically distressed communities. This cost gap all-too-often prevents the renovation of affordable houses that need a great deal of work.
Housing Wire
OCTOBER 20, 2022
Prior to the pandemic, the average purchase discount at foreclosure auction had never dropped below 20% in any quarter as far back as nationwide data is available, Q1 2015. Instead, they are reverting to average purchase discounts prior to the pandemic, when home price appreciation averaged about 5% annually between 2015 and 2019. “I
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Chicagoland Appraisal Blog
MARCH 9, 2024
Appraisal Inspection An appraisal inspection is a visual observation of physical factors that will influence value in the market place to include location, size, condition (noting any deficiencies, updates, renovations) and amenities.
Housing Wire
NOVEMBER 8, 2023
Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. Opendoor set out on its disruptive journey in 2014, and Offerpad followed soon after in 2015. “The largest, undisrupted market in the U.S.,”
Housing Wire
AUGUST 22, 2022
“Our mission is to help homeowners unlock their home equity to better manage their finances – whether it’s for home renovations, paying for tuition, debt consolidation, or other events to support your family and life’s great adventures,” Schacknies said in a social media post.
Housing Wire
JUNE 25, 2021
Per a recent report from Redfin , the typical iBuyer-owned home found a buyer after 13 days on the market — the quickest pace since at least 2015, when Redfin began recording iBuyer data. iBuying appears to be back, after the nation’s top iBuying companies purchased 4,383 homes in the first quarter of 2021 — up 20.6%
Zillow
MARCH 13, 2018
Even if you’re ready for a kitchen renovation or anxious for a bathroom remodel, figuring out how to plan a home renovation that doesn’t break the bank can be tricky. For example, a kitchen generally accounts for 10 to 15 percent of the property value, so spend no more than this on kitchen renovation costs.
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