Housing Wire

MAY 5, 2022

million to build and renovate 130 affordable homes in Nashville, Tennessee, bringing the total investment in the city to about $100 million. million low-rate loan to Cherry Oak Apartments, a mixed-income 96-unit residential apartment with 53 affordable units, in partnership with the Metropolitan Development Housing Agency , Amazon said.

Renovations 370

Renovations Tenants Investing Development 370

Housing Wire

MAY 16, 2022

The Biden administration today unveiled a plan that it says will “help close” the housing supply gap, which one 2021 tally put at 1.5 The plan is in addition to measures the federal government announced in September 2021 that the federal government said would create 100,000 homes in three years. million homes, in five years.

Supply Chain 345

Supply Chain Finance Development Renovations 345

Housing Wire

OCTOBER 16, 2023

homeownership, alongside data detailing housing aid that has been provided since 2021. FHA is considering potential policy changes that could increase the funds available to borrowers to make renovations and repairs,” the announcement said. The White House on Monday announced a series of new initiatives designed to boost U.S.

Design 450

Design Insurance Construction Development 450

Housing Wire

FEBRUARY 29, 2024

Department of Housing and Urban Development (HUD) on Thursday unveiled a series of new policies that are designed to boost housing supply and affordability across the country, according to HUD and White House officials. HUD has allocated $4.35

Design 404

Design Finance Insurance Tenants 404

Housing Wire

MAY 23, 2024

Department of Housing and Urban Development (HUD) is focusing on launching initiatives to increase home supply, review existing rules in and ensure the agency is “getting the money out the door.“ “In Before joining HUD, Todman was the CEO of the National Association of Housing and Redevelopment Officials (NAHRO) from 2017 to June 2021.

Renovations 306

Renovations Investors Housing Market Law 306

Housing Wire

JULY 14, 2022

Senior officials at the Department of Housing and Urban Development , which houses the FHA, said today during a press briefing that it would focus on improving financing for manufactured homes and revamp its renovation financing. billion manufactured home purchase mortgages in 2021, according to HMDA data.

Renovations 309

Renovations Finance Insurance Transportation 309

Housing Wire

APRIL 18, 2023

Given that HELOC organizations are more streamlined than closed-end lending, there is greater importance for the adoption of electronic closing documents, MISMO said last week, calling for participants to join a new development workgroup (DWG). billion in Q4 2021. level from the first quarter of 2021, ATTOM reported.

Lending 270

Lending Renovations Real Estate Finance 270

Housing Wire

JULY 14, 2022

The role of renovators. It turns out local investors are also more efficient than banks and government agencies at renovating and reselling homes. Nearly 100% of Auction.com buyers in 2021 (99%) purchased 10 or fewer properties during the year, and 79% purchased just one property. I buy local.

Renovations 324

Renovations Investors Buyers Retail 324

Housing Wire

JULY 21, 2021

“The first house I rehabbed last year, it was a house that had fire damage in the kitchen, and it was just kind of an eyesore on a nice quiet street,” said McCormick, who said she purchased the home for $25,000 and then put $65,000 into renovations before selling to an owner-occupant buyer for $134,000. “It of the 2021 estimated market value.

Real Estate 456

Real Estate Investors Market Value Home Value 456

Housing Wire

APRIL 23, 2024

According to Martell , the mortgage market’s origination volume totaled $4 trillion in both 2020 and 2021, and “unfortunately” the decline in loan production “is not going to be cured by a 50-basis-point reduction” in mortgage rates. The company now has a digital HELOC offering.

Mortgage 280

Mortgage Real Estate Agent Real Estate Renovations 280

Housing Wire

APRIL 27, 2023

And yet another big force in the market, FirstKey Homes , is pulling collateral out of a 2021 securitization deal. The lawsuit claims further that the company “ignored permitting laws to avoid fees and increased taxes as well as to get renovated homes on the rental market as soon as possible.”

Renovations 276

Renovations Investing Real Estate Marketing 276

Housing Wire

JULY 6, 2023

trillion in mortgage originations in 2021. One source of added inventory is the fix and flip industry , which is expected to acquire and renovate some 350,000 homes in 2023, according to Kurt Carlton, president of New Western , a private real estate investment marketplace. Fannie Mae recently projected originations for 2023 at $1.59

Inventory 447

Inventory Renovations Real Estate Government 447

Lamacchia Realty

SEPTEMBER 21, 2021

The Lamacchia Development and Property Management team is pleased to promote Angela Ravesi to Manager of LD and LPM! Angela Ravesi became a REALTOR® at Lamacchia in April 2018 and in May 2019, she transitioned to the role of executive assistant to Mike McGrory, VP of Property Acquisitions and Development. Angela Ravesi.

Property Management 65

Property Management Development Landlords Renovations 65

Housing Wire

NOVEMBER 15, 2021

The Department of Housing and Urban Development is taking a cautionary approach to changes to mortgage insurance premiums after a banner year for its Mutual Mortgage Insurance (MMI) fund. Top markets for affordable renovated housing inventory. percentage points from the previous year, when it was 6.10%.

Mortgage 381

Mortgage Insurance Renovations Tools 381

The Robert Weiler Company

JULY 18, 2021

Ari Afshar, Founding Agent at Compass and Member of the Forbes Real Estate Council: Invest in properties near renovated buildings. Renovated buildings that attract pedestrian traffic or include shopping opportunities and eateries have a reverse, upwardly improving effect. Essentially, this is the broken windows theory in reverse.

Real Estate 148

Real Estate Investing Investors Renovations 148

The Robert Weiler Company

JULY 6, 2021

Research : Also coined in the industry as “flex,” flex space is utilized for research and development to design new products. Just as there are two sides of a spectrum in residential real estate with new development and house flippers, characteristic types exist similarly in industrial space for rent.

Logistics 147

Logistics Tenants Real Estate Modernization 147

Housing Wire

MARCH 18, 2022

Since H4P volume is only a small fraction of the total business done in the reverse mortgage industry based on 2021 data , Mangus sat down with RMD to discuss his approach in successfully cultivating H4P business. Of the six million home purchases done in 2021 only about 2,200 of them were H4P,” he says.

Real Estate 443

Real Estate Real Estate Agent Mortgage Agents 443

Housing Wire

OCTOBER 17, 2023

Walking that thin line is becoming increasingly important as more distressed sales are pushed up-funnel into the pre-foreclosure marketplace — a trend that began developing about 10 years ago and has accelerated in earnest over the last two years.

Buyers 373

Buyers Retail Market Value Real Estate Agent 373

Lamacchia Realty

JANUARY 6, 2022

In 2021, Lamacchia Realty continued its record growth across the company. By the end of 2021, the company proved it is capable of continuing its stampede to the top regardless of the market. Here are the final numbers of 2021: The company grew from $1,043,107,920 in sales volume in 2020 to $1,620,908,158 in 2021- a 55% increase!

Realty 77

Realty Realtors Training Brokerage 77

Housing Wire

AUGUST 1, 2022

credit card balances in the first quarter were $841 billion, $71 billion higher than the same period in 2021, according to a report from the Federal Reserve Bank of New York. . “With our new home equity loan, clients can improve their lives by having a payment they can more comfortably afford.” ” U.S.

Renovations 377

Renovations Lending Mortgage Investing 377

The Robert Weiler Company

MARCH 28, 2021

First, as a prospective investor interested in the mixed-use real estate development concept, you must understand the requirements of these unique community environments and the people inhabiting these structures. Mixed-use commercial property is either a building or a land development that includes both residential and commercial space.

Investors 158

Investors Tenants Real Estate Retail 158

Appraisal Buzz

SEPTEMBER 26, 2022

In 2021, more than 90% of builders reported backlogs and supply scarcity. These developed skinny towers as luxury condominiums. Less restrictive laws reduce developing costs and help with labor shortages, balancing prices in turn. Kick-staring transit-oriented development. The price of the items has risen as well.

Construction 195

Construction Supply Chain Buyers Retail 195

Housing Wire

OCTOBER 3, 2023

Since acquiring Homes.com in 2021 , commercial real estate giant CoStar Group has made it crystal clear that it was playing for keeps in the residential real estate market. We have a very robust product development pipeline and I feel like we are in the first inning of building that. 2 most visited platform, now only behind Zillow.

Buyers 352

Buyers Real Estate Agents Business 352

The Robert Weiler Company

MARCH 15, 2021

And, it is a major development that the Columbus region should celebrate. But for commercial real estate developers, brokerage firms, and appraisers, there’s another story hiding in plain sight. This scenario is what many real estate developers face. How do you determine the value of Our Lady of Mount Carmel Church?

Appraisal 158

Appraisal Property Appraisal Real Estate Buyers 158

Housing Wire

OCTOBER 24, 2022

If anyone knows of anywhere that could be a good fit with my 20+years in maintenance/renovation leadership in multi-family, single family, or senior living, please pass my name along. Looking for remote positions where I can leverage my relationship management, customer support, and business development skills. Thanks in advance.”.

Real Estate 329

Real Estate Investing Investors Business 329

Housing Wire

MAY 17, 2022

During her visits, one thing stood out to Golding, who served as the Department of Housing and Urban Development ’s principal deputy assistant secretary from 2015 to 2017. In March 2021, Fudge said that the agency had “no near-term plans” to change FHA’s mortgage insurance premium pricing. 2020 to Jan.

Insurance 311

Insurance Development Housing Market Mortgage 311

Lamacchia Realty

AUGUST 12, 2021

What to Consider Before Purchasing a Fixer-Upper Although fixer-uppers are more affordable than purchasing a turnkey home in the perfect neighborhood, the process of buying a fixer-upper and renovating it is more complicated than what you see on television. How Much Time Do They Take to Renovate? Traveling a lot?

Renovations 69

Renovations Finance Inspection Buyers 69

Housing Wire

MARCH 31, 2021

According to Biden, two million affordable homes and commercial buildings would be built and renovated over the next decade as part of the initiative. Among the unknowns servicers face in 2021 are changes that could affect lender-placed insurance (LPI). How servicers can stay ahead of Biden’s potential regulatory changes.

Transportation 545

Transportation Construction Investing Law 545

Appraisal Buzz

JUNE 6, 2022

This article was originally published in the Fall 2021 Appraisal Buzz Magazine here. Oh yeah, we need the effective date to be two years ago,” or “actually, we want it to be appraised as if those renovations were completed, not as is.” It’s easier than you think to miss the basics.

Appraisal 221

Appraisal Clients Appraisal Process Inspection 221

Housing Wire

MARCH 10, 2023

billion in the fourth quarter of 2021,” a recent market assessment by ATTOM shows. level from the first quarter of 2021.” billion in 2021 to $9.6 billion in 2021 to $9.6 HELOCs also are popular because the interest on the loans is tax deductible if the funds are used for approved home renovations.

Housing Market 352

Housing Market Marketing Contracts Lending 352

Lamacchia Realty

MAY 20, 2022

The Fast 50 companies are selected and ranked based on revenue growth from 2018 to 2021. Lamacchia Realty Director of Marketing, Cole Gargaro , and Director of Business Development, John Millen , attended and accepted the award. . “I What to Know About Home Renovations in 2022. CEO and Broker/Owner of Lamacchia Realty.

Realty 67

Realty Business Renovations Realtors 67

Lamacchia Realty

JULY 7, 2021

After massive renovations, 6 North Road in Chelmsford has a whole new look and is built to accommodate Lamacchia Realty’s Chelmsford agents as well as agents that were previously located in the Westford office. During the renovation period, Lamacchia Chelmsford agents operated out of the Westford Office. June 16, 2021.

Business 66

Business Renovations Realty Realtors 66

Housing Wire

SEPTEMBER 29, 2021

A 2021 Pew Research Center survey found that 66% of the unemployed have “seriously considered” changing their fields. Old Colony was one of the country’s first federal public housing developments. This multiyear project goes beyond renovation. Lesson one: Jobs. Their goals: Better pay and greater job stability. Meanwhile, U.S.

Training 244

Training Transportation Construction Renovations 244

Housing Wire

FEBRUARY 8, 2024

Growing up in Savannah, Georgia, as the daughter of a builder and developer, she learned the processes involved in new home construction from her dad. As Chief Economist for Nest Seekers International, Erin is responsible for developing and translating real estate trend data into consumer and industry insights.

Real Estate Agent 366

Real Estate Agent Real Estate Agents Clients 366

Cleveland Appraisal Blog

MARCH 30, 2021

So many visitors have stopped by over the years, that they renovated the area to make it more visitor friendly, with better parking and a nicer observation area. My advice to agents and sellers is to really analyze the properties that they are using to develop their asking price. 2021 is off to a wild start. It is free to visit.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

The Robert Weiler Company

APRIL 7, 2023

Commercial real estate developers are ensuring that the goal of Earth Day is being met, as evidenced by widespread initiatives in green design and sustainable building. To be clear, some of these developments have been gaining momentum for decades. reduction in operating costs in the first year and a 16.9% savings over five years.

Real Estate 109

Real Estate Construction Development Investing 109

Lamacchia Realty

JUNE 8, 2021

Most homes develop one issue or another over time, and foundation issues are more common than you may realize. April 8, 2021. Purchasing a Home That Requires Renovations and Repairs. February 4, 2021. April 8, 2021. WHAT TO DO IF YOU'RE SELLING. A HOME WITH FOUNDATION ISSUES. Additional Resources. Buyer Resources.

Real Estate Agent 68

Real Estate Agent Inspection Realty Legal 68