Housing Wire

MAY 17, 2023

At that margin, ATTOM notes, the cost of renovations, property taxes, mortgage interest and other expenses — which in total consume 20% to 33% of the resale value — could easily cancel out any return on investment for the flipper. How long that can continue is hard to say.” People are calling it the Great Renovation.

Finance 370

Finance Marketing Renovations Investors 370

Housing Wire

MAY 8, 2023

A key source of affordable housing inventory was cut in half over the last three years, resulting from well-intended but heavy-handed efforts to keep delinquent borrowers in homes. That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction.

Inventory 403

Inventory Renovations Supply Chain Buyers 403

Miller Samuel

MARCH 19, 2019

FPI's apparent belief that most of the high-end development sold ended up as empty pied-a-terres while wealthy buyers bid up the prices is incorrect. Much of this speculation is being driven by two factors: sparse supply, due to the absorption of the inventory left over from the last boom, and fast-rising prices.

Real Estate 370

Real Estate Law Development Investors 370

Will Springer Realtor

AUGUST 9, 2021

The Biden administration’s $2T infrastructure plan includes $213B allocated for housing, with a focus on low- and middle-income homeowners and potential buyers. POTENTIAL TAX SAVINGS. Skyrocketing property values in our area have their downsides. The assessed value is the basis for next year’s property tax rate. (An

Construction 36

Construction Inventory Property Taxes Development 36

Will Springer Realtor

NOVEMBER 12, 2021

are 64% more expensive now than in 2016 and are reduced in number by more than half today: “I expect the inventory of starter homes to remain extremely tight, especially in desirable smaller markets,” Ali Wolf, chief economist at the building consultancy Zonda, told realtor.com. months of inventory in King, down from 0.7

Law 36

Law Inventory Real Estate Government 36

Will Springer Realtor

JUNE 8, 2022

The multi-pronged effort includes legislative and administrative actions to increase the number of affordable units and overall inventory. As home prices surge and people delay – or forgo – nuptials, buyers are pooling their finances with unmarried partners, roommates or friends to purchase a place. New York City is No. was $1889. >>

Design 36

Design Construction Development Property Taxes 36