Housing Wire

MAY 17, 2023

Transactions in the fix and flip market have been booming in recent years, with more than 407,000 homes flipped in 2022, up 14% over 2021 and up 58% over 2020, according to a recent report by real estate data firm ATTOM. housing market.”

Finance 354

Finance Marketing Renovations Investors 354

Housing Wire

AUGUST 10, 2023

Meanwhile, innovation-driven transparency is helping to make distressed property auctions more accessible for these owner-occupant buyers as well as for local community developer buyers who, it turns out, sell most of their renovated foreclosures to owner-occupants. Department of Housing and Urban Development (HUD) in August 2022.

Renovations 339

Renovations Buyers Development Insurance 339

Housing Wire

JUNE 3, 2022

Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle? An estimated 140,000 renovated properties purchased at foreclosure auction or bank-owned auction were resold to owner-occupant buyers between January 2020 and December 2021. Presented by: Auction.com.

Construction 436

Construction Renovations Transportation Real Estate 436

McKissock

MARCH 20, 2022

When selling a home though, most real estate professionals will vouch that — as far as home improvements are concerned — kitchen renovations are worthy investments that will likely increase your resale value. Free Guide : Become a social media master with this free Social Media Toolkit for Real Estate Agents.

Renovations 84

Renovations Investing Modernization Real Estate 84

Lamacchia Realty

MAY 20, 2022

HOME RENOVATIONS IN 2022. It’s well known that the world has seen a multitude of changes over the past few years, and the home renovations world is no different. From supply chain delays and stoppages to inflation, home renovation and even new construction projects are feeling the impact. Cost of Materials.

Renovations 55

Renovations Supply Chain Construction Modernization 55

Lamacchia Realty

MAY 23, 2023

WHAT TO KNOW ABOUT HOME RENOVATIONS IN 2023 In recent years, the world has undergone a multitude of changes, and the home renovation industry is no different. Factors such as supply chain disruptions, project delays, and increasing costs have greatly impacted both new construction and ongoing renovation projects.

Renovations 58

Renovations Supply Chain Construction Home Improvement 58

Housing Wire

OCTOBER 20, 2022

Real estate investors purchasing distressed properties at foreclosure auction have been telegraphing a possible housing market slowdown for the last six months. Foreclosure auction buyers started bidding more conservatively in the second quarter of 2022, as measured by proprietary data from the Auction.com marketplace.

Buyers 411

Buyers Housing Market Marketing Investors 411

Eppraisal

MARCH 5, 2024

Home renovations can completely transform your living spaces, turning outdated rooms into modern, functional areas that reflect your style and meet your needs. In addition to the joy and comfort these changes bring into your daily life, renovations can also significantly increase your home’s market value.

Renovations 36

Renovations Modernization Market Value Buyers 36

Housing Wire

APRIL 18, 2023

MISMO , the real estate finance industry’s standards organization and a subsidiary of the Mortgage Bankers Association , plans to launch a working group that will create standards for Electronic Home Equity Lines of Credit (eHELOC). billion in the fourth quarter of 2022 from the previous quarter’s $72.3

Lending 281

Lending Renovations Real Estate Finance 281

Housing Wire

DECEMBER 30, 2022

Krichmar, whose $100 million-plus origination volume in 2022 consisted of 77% purchase loans, expects LOs to be working longer hours to find referral partners, trying to close loans faster than the others and diversifying their mortgage product offerings to combat an industry that shrank by more than half this year.

Renovations 386

Renovations Realtors Construction Mortgage 386

Housing Wire

JULY 6, 2023

Meanwhile, mortgage interest rates have hovered in the 6% to 7% range over the past six months, up more than 3 percentage points since early 2022, yet home prices have increased for several months in a row, Freddie Mac ’s chief economist, Sam Khater, points out in a recent commentary. through the first quarter of 2024.”

Inventory 452

Inventory Renovations Real Estate Government 452

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. By the time it sold its final home in September 2022, the division had lost more than $1.5 “The largest, undisrupted market in the U.S.,”

Marketing 402

Marketing Inventory Renovations Investors 402

Housing Wire

NOVEMBER 5, 2021

Redfin CEO Glenn Kelman doesn’t believe that iBuying is going away, but he does believe that his brokerage needs to be smart in how it incorporates iBuying into its larger suite of real estate services. Where Redfin has been struggling with its iBuying operation – as was also the case with Zillow – is with renovations.

Renovations 292

Renovations Brokerage Agents Real Estate 292

Cleveland Appraisal Blog

DECEMBER 24, 2022

Are you planning on renovating your home? What to Expect When Undertaking These 4 Common Home Renovation Projects. When home improvement gives way to major renovations, the implications can be more impactful than you might realize. However, you must be aware of your budget and timeline before committing to a kitchen renovation.

Renovations 303

Renovations Appraisal Home Improvement Buyers 303

Housing Wire

JUNE 1, 2023

In addition to agency and GSE home loans, Planet also has niche products tailored to today’s tight real estate markets, including self-funded One-Time Close (OTC) construction loans as well as manufactured housing and renovation mortgage loans,” Gross said in a statement. million in cash.

Retail 392

Retail Mortgage Lending Renovations 392

Housing Wire

AUGUST 22, 2022

” It’s entrepreneur Mark Schacknies’s first business venture after leaving the real estate vendor Remine , which was sold in October 2021 following allegations of unprofessional conduct by Schacknies and other executives. According to Black Knight, at the end of the second quarter of 2022, the average U.S.

Realtors 335

Realtors Renovations Real Estate Tools 335

Housing Wire

OCTOBER 28, 2021

Yun expects inventory levels to pick up again in 2022 and that buyers who have temporarily paused their search will return to the market in the new year. Top markets for affordable renovated housing inventory. As a result, Yun predicts that home prices will grow only 2.8% All four major U.S.

Inventory 414

Inventory Renovations Contracts Buyers 414

Housing Wire

JANUARY 4, 2022

Offerpad is a six-year-old company founded by its current CEO Brian Bair, a longtime real estate investor. Bair has maintained that Offerpad possesses the operational logistics to accurately value homes as well as provide renovation services that prompt a house to resell for a profit.

Logistics 422

Logistics Renovations Market Value Real Estate 422

Lamacchia Realty

MAY 20, 2022

The Boston Business Journal has named Lamacchia Realty to its exclusive 2022 Fast 50 list, which represents the 50 fastest-growing private companies in Massachusetts. In 2022, Lamacchia Realty ranked 16th on the Fast 50 List with 274.39% growth! Lamacchia Realty continues to show signs of continued growth in 2022. May 20, 2022.

Realty 67

Realty Business Renovations Realtors 67

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. since March 2022. Over the month, a job gain in real estate and rental and leasing (+12,000) partially compensated for a loss in commercial banking (-3,000). In June, job openings eased back to 9.6

Marketing 290

Marketing Construction Renovations Home Improvement 290

Housing Wire

FEBRUARY 18, 2022

Fannie Mae recently announced that it will begin to “include a desktop appraisal option in Desktop Underwriter beginning March 19, 2022. Appraisals often include details such as a pool, solar panels, landscaping, patio, casita, barn, detached garage with an office above, and other things that may contribute to real estate value.

Appraisal Process 360

Appraisal Process Appraisal Valuation Renovations 360

Housing Wire

JUNE 1, 2022

Between February 2020 and January 2022, we witnessed something in the mortgage industry that we thought we’d never see — 30-year fixed-rate mortgages under 3.5%. Then, in what felt like an instant, in Q1 2022 mortgage rates skyrocketed and the refi boom ended. trillion in 2021. According to CNBC, homeowner equity is an aggregate $9.9

Renovations 381

Renovations Mortgage Real Estate Finance 381

Housing Wire

MAY 3, 2022

Between February 2020 and January 2022, we witnessed something in the mortgage industry that we thought we’d never see — 30-year fixed-rate mortgages under 3.5%. Then, in what felt like an instant, in Q1 2022 mortgage rates skyrocketed and the refi boom ended. trillion in 2021. According to CNBC, homeowner equity is an aggregate $9.9

Renovations 380

Renovations Mortgage Real Estate Finance 380

Housing Wire

AUGUST 15, 2022

The Federal Reserve Bank of New York ’s second-quarter 2022 Household Debt and Credit Report shows that limits on HELOCs jumped by $18 billion in the second quarter of this year, “the first substantial increase in HELOC limits since 2011,” and an indicator of an increase in new originations. billion in 2021 to $4.6 a year earlier.

Lending 420

Lending Home Value Mortgage Renovations 420

Housing Wire

MARCH 10, 2023

Through the market turmoil and volatility that marked much of 2022 — and is still with us today — home-equity lending expanded, however. The Fed report shows HELOC balances nationwide stood at a total of $336 billion at yearend 2022. billion fourth-quarter 2022 volume of HELOC loans was down 17% from $72.3 billion in 2021 to $9.6

Housing Market 359

Housing Market Marketing Contracts Lending 359

Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? I will always remember when, many years ago, a top local real estate agent asked me why I was driving around taking photos of homes.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Housing Wire

OCTOBER 20, 2023

And with millennials emerging as the largest generation of homebuyers in today’s market, comprising 28% of all homebuyers, real estate agents need to master social media or they might miss out. You can also share the buying journey you went on with that client, if they allow you to share it on social media.

Real Estate 355

Real Estate Agents Real Estate Agent Clients 355

Listing Spark

JULY 21, 2023

Flipping homes is a lucrative real estate investment strategy, but it can also be a risky one. Without the right knowledge and expertise, you might find yourself with a property that has extensive foundation problems or a post-renovation value that doesn’t reach your break-even point.

Real Estate 36

Real Estate Real Estate Agent Agents Investors 36

Raleigh Realty

JULY 31, 2022

Sometimes during construction or renovation girders, trusses, or joists can be improperly cut or improperly shored up. Every home is different and every seller is different so it is best to consult with your real estate agent on the best course of action so that everyone can feel comfortable moving forward.

Inspection 148

Inspection Sellers Real Estate Agent Buyers 148

Housing Wire

NOVEMBER 10, 2023

Home equity line of credit (HELOC) and home equity loan originations increased 50% in 2022 compared to two years earlier, according to the Mortgage Bankers Association ’s Home Equity Lending Study. in 2022, support for Spanish-language content and applications are critical.

Lending 369

Lending Tools Inventory Renovations 369

Appraisal Buzz

APRIL 11, 2022

The housing market has been a roller coaster ride since COVID-19 began, and it hasn’t shown signs of stopping in 2022. Here are some buyer relocation trends to watch out for in 2022’s hectic real estate market. Mortgage rates dipped to record lows in 2021, then skyrocketed in early 2022. More Second Home Purchases.

Buyers 370

Buyers Renovations Supply Chain Housing Market 370

Appraisal Today

MAY 17, 2024

By McKissock As part of our monthly survey series, we asked our community of real estate appraisers, “What tool(s) do you use to support your appraisal adjustments?” Originally hitting the market in 2022 for $72 million, the estate has seen various price decreases since then. baths, 45,000 sq.ft.,

Tools 64

Tools Appraisal Renovations Design 64

Cleveland Appraisal Blog

FEBRUARY 24, 2022

Decide what you are looking for in your new home, how much space you will want, what renovations you are willing to make, needs relating to your business activities, and more. The anatomy of doom & gloom real estate articles – Sacramento Appraisal Blog. Foundation Nightmare – I Hate Real Estate Podcast.

Business 243

Business Appraisal Real Estate Legal 243

Housing Wire

DECEMBER 12, 2022

There are reasons California-based Pennymac may want to forget 2022. ” In fact, the correspondent channel is a relatively bright spot for a mortgage industry that’s had a devil of a time in 2022. in the third quarter of 2022, according to IMF data. The wholesale channel, meanwhile, has held steady at about 16%.

Marketing 374

Marketing Lending Retail Clients 374

Housing Wire

FEBRUARY 8, 2022

In October 2021, FHFA Acting Director Sandra Thompson announced to a crowd of mortgage industry professionals that desktop appraisals would become permanent, starting early in 2022. Kroll Bond Ratings Agency , in a January 2022 pre-sale report, said they gave a “broad valuation haircut” to all loan pools with appraisal waivers.

Appraisal 366

Appraisal Appraisal Process Valuation Renovations 366

Empire Appraisal Group

JUNE 29, 2022

Sellers whose homes are lingering on the market may need to have a heart-to-heart talk with their real estate agent about the next steps to renew interest. A real estate agent could suggest home staging, decluttering, or even minor renovation to help boost interest. ® (May 12, 2022). Are repairs needed?

Real Estate Agent 78

Real Estate Agent Marketing Sellers Real Estate 78

Raleigh Realty

DECEMBER 23, 2021

Glassdoor ranked the city of Raleigh, NC as the 1 Best City for Jobs in 2015 The Raleigh airport, also known as Raleigh Durham International Airport (RDU) has seen some major renovations in recent years as well as new airlines bringing new flight paths in and out of the Raleigh area. Raleigh Real Estate offers great value.

Real Estate Agent 148

Real Estate Agent Realtors Real Estate Agents 148