article thumbnail

Finance of America now offers renovation loans

Housing Wire

announced today the launch of Finance of America Home Improvement , a new business division offering non-mortgage financing options, including renovation loans. Per a study from Harvard University’s Joint Center for Housing Studies, renovation financing is expected to increase 3.3% billion in renovation loans — compared to $51.6

article thumbnail

Regions Bank places $1B bet on home renovation market

Housing Wire

EnerBank says it works with 10,000 contractors and develops personalized loan programs for their clients. Per a study from Harvard University’s Joint Center for Housing Studies, renovation financing is expected to increase 3.3% The post Regions Bank places $1B bet on home renovation market appeared first on HousingWire.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Sold.com partners with Revive to offer renovation services

Inman

The new partnership will allow Sold.com partner agents to refer their clients more easily to Revive's renovation network.

article thumbnail

Revive’s AI-fueled ‘Neighborhood Report’ vows precise home values

Inman

The pre-sale renovation company's latest use of artificial intelligence could reduce subjectivity the next time a real estate agent prices a home or advises a client, Revive executives said Tuesday.

article thumbnail

Experts offer tips for aging in place and compare costs to assisted living: CNBC

Housing Wire

There are three general client types Chiang’s company serves, she explained. Costs for renovation projects can vary based on factors such as location, job size and condition of the home. But they’re not really considering, ‘Well, what does that mean?’” People are usually remodeling their homes every 10, 15, 20 years.

article thumbnail

14 real estate trends Gen Z buyers are looking for

Housing Wire

Homes that are not visually appealing may not get attention from Gen Z, so agents should help these buyers see the renovating and redecorating possibilities to match their personal aesthetic. Easy renovations are key For spaces that might not be immediately appealing, Gen Z wants those that can be easily renovated.

article thumbnail

What agents need to know about the impact of interest rates on the real estate market

Housing Wire

The Federal Reserve When your clients express concern about interest rates, they’re likely referring to the larger-scale changes with long-term effects that are tied to the Federal Reserve (“The Fed”) and its monetary policy. Become a trusted advisor : Position yourself as a knowledgeable resource for your clients.