Raleigh Realty
JULY 12, 2022
If you’re considering a home renovation, you might be looking for some insight on what other homeowners are doing. That’s why we’re rounding out some top home renovation statistics so you know what to expect from your next home improvement project. The home improvement market is expected to grow by $20.4
Housing Wire
NOVEMBER 25, 2020
Green gave the example of a Fort Wayne, Indiana, property he purchased on Auction.com via a bank-owned (REO) auction in July 2019. Following extensive renovations that took nearly a year to complete, the property was resold to an owner-occupant buyer in July 2020. That was up from 20 percent in 2019 and 50 percent in 2018.
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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. million, below the 2019 range of 1.52 During the past 18 months — when refis were low-hanging fruit — the LO closed around $3 million a month. And it’s going to get worse. million to 1.93
Housing Wire
MAY 8, 2023
Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I My renovated homes are] reducing the number of rental properties , which in our town has become a source of demise.” In 2019 the number was 200,000.
Hank Miller Team
NOVEMBER 15, 2022
Q3 ’22 is about even with Q1 and Q2 of ’22 and remains below levels of 2019 and 2020 Diving into last twelve months, we see a drop in inventory since the Aug peak and just an increase of 11 in active listings since Oct ’21. Renovations – Cooped up in their homes, renovations and updating became a thing to do. Why move now?
Cleveland Appraisal Blog
MARCH 4, 2021
For instance, a thirty-year old home may have an effective age that is the same as a fifty-year old home, if the fifty-year old home has been renovated to a degree that is comparable to the younger home. Birmingham Real Estate: 2019 vs 2020 – Birmingham Appraisal Blog. Why Comp Photos in Appraisals? – APPRAISAL TODAY.
Housing Wire
MAY 12, 2021
While mortgage rates are at an all-time low, people looking to buy their first home — particularly millennials, who accounted for half of all new home loans in 2019 — have a limited and aging stock of houses to choose from. Construction has traditionally been slow to pick up new technology compared to other industries.
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