Remove Buyers Remove Home Improvement Remove Investors Remove Renovations
article thumbnail

Home Improvement Cost vs. Value: Is Your Project Worth the Money?

PennyMac

Do you know the return on investment (ROI) of your renovation project? Some renovations can make your home more valuable. If you’re investing in a home renovation in hopes of recouping that money when you sell, it’s important to research and plan ahead before you begin to ensure you’re spending your money wisely.

article thumbnail

With low inventory, house hunters are in full safari mode

Housing Wire

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. Just because there’s vacant homes in the U.S. through the first quarter of 2024.”

Inventory 456
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Outdoor Renovations: Think Outside the Box

PennyMac

Kitchen and bathroom updates are some of the first ideas that usually come to mind, but you can get great returns from making outdoor renovations and improvements. We talked to real estate and renovation experts to gather their tips and insights on renovation projects for your home’s exterior living space.

article thumbnail

How to Price Your Home for the Current Market

Eppraisal

These indicators paint a picture of the imbalance between supply and demand:  ●      Real estate inventory: High housing inventory means few properties are changing hands in your area and gives buyers control in the market. Pay attention to rental inventory, too.

article thumbnail

Pros and Cons to Selling a House As Is

PennyMac

This is especially true if home sellers are trying to move quickly or are hoping to avoid costly renovations. Selling a House As Is Selling a house as-is means the homeowner will not make repairs or renovations before selling it to a buyer, even if the home has structural concerns or is in poor condition.

article thumbnail

Buying a Vacation Home: 4 Critical Factors & Expert Advice

PennyMac

That is, until your home renovation projects start to go down the toilet (or worse, the toilet starts falling through the floor). Buying a vacation home? The rise of home renovation television shows has made many homeowners eager to transform rough diamonds into neighborhood jewels.

article thumbnail

WILL WAR IN UKRAINE IMPACT OUR HOUSING MARKET?

Will Springer Realtor

Most home buyers focus on the direction of interest rates. However, as the news from Europe worsens many investors are shifting money into safer havens such as bonds that help provide temporary relief on rising rates. “It’s Developers can build only so many new homes at a time!