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Remodeling Market Expected to Hit $4.9 Trillion by 2027

Appraisal Buzz

A report by Global Market Insights, a Delaware-based market research and consulting firm, found that the current worldwide remodeling market is worth about $3.8 trillion and is expected to grow at a compounded … The post Remodeling Market Expected to Hit $4.9 Trillion by 2027 appeared first on theMReport.com.

Marketing 195
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TD Bank launches three-year plan to invest $10B in affordable homeownership

Housing Wire

New Jersey-based TD Bank has decided to invest $10 billion in affordable homeownership initiatives by 2027, including providing loans and liquidity to the residential lending market. New York, Miami and Philadelphia markets. The bank will create a SPCP for minority business, women-owned or veteran-owned enterprises.

Investing 342
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First Financial Bank to invest $700M by 2028 in affordable mortgages

Housing Wire

24, New Jersey-based TD Bank announced $10 billion in affordable homeownership initiatives by 2027, including the provision of loans and liquidity to the residential lending market.

Investing 338
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Blend narrows loss in 2023, projects confidence in achieving profitability this year 

Housing Wire

The fact that the company achieved this momentum “despite 2023 being one of the worst years on record for mortgage industry origination volumes increases our confidence in our ability to navigate the year ahead as the market looks to stabilize,” he added. million, amid a mortgage market volume decline of 20% to 25% during the same period.

Mortgage 384
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After a pandemic pause, the built-for-rent revolution is underway

Inman

The number of new homes earmarked for the rental market is expected to double by 2027 as built-for-rent housing rebounds with a record Q1 and developers clamor to partner with investors.

Investors 140
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Fortune: Gen X is worried health issues will bankrupt them

Housing Wire

The reverse mortgage industry often aims to position itself as offering products that can provide financial stability in case of market downturns or health issues, but Gen X is still years away from becoming the predominant demographic that can be served by the Federal Housing Administration ’s Home Equity Conversion Mortgage (HECM) program.

Clients 335
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Steady home-price growth to resume in 2024, experts predict

Inman

percent annual growth every year through 2027, according to a panel of housing experts surveyed by Zillow and Pulsenomics. Price growth will pick back up in 2024 and hit a rate of 3.5