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With low inventory, house hunters are in full safari mode

Housing Wire

The Leading Indicator of Remodeling Activity, or LIRA, a measure developed by Joint Center for Housing Studies at Harvard University , seems to support Mohan’s assessment, showing that year over year “expenditures for home improvements and maintenance will post a modest decline of 2.8% through the first quarter of 2024.”

Inventory 452
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Can I Take Out a Loan to Remodel My Home?

Assurance Financial

Depending on the extent and cost of your home improvement goals, you might need to take out a loan for renovations. A home renovation loan is most likely not going to be the same as your mortgage. Learn more about loan options for remodeling your home to see which one will work for you. Construction Loan.

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Does Adding an In-Law Suite Pay Off?

Empire Appraisal Group

Does Adding an In-Law Suite Pay Off? Source: Does Adding an In-Law Suite Pay Off? It could increase a home’s value or bring in rent – or be more trouble than it’s worth. NEW YORK – Accessory dwelling units are known by many names: in-law suites, guest houses, backyard cottages, or basement or garage conversions, among others.

Law 78
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Washington ADU Laws Aim to Open New Doors to Housing

Will Springer Realtor

Many Washingtonians may be in for a surprise on the real estate front when new laws take effect county by county that will greatly expand the use of accessory dwelling units – or ADUs – on parcels of land once exclusive to single-family homes. For context, 43K homes were added in the state in 2021.)

Law 65
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How to Find the Right Mortgage Loan for You

Assurance Financial

When shopping for a home, it’s just as important to make a list of things you’d like from your mortgage — including the length of the loan, the interest rate and the repayment terms. Some home loans are designed for people who meet specific criteria, and others for people who might not qualify for another type of loan.

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JUST IN TIME: THE 15-MINUTE COMMUNITY

Will Springer Realtor

In calling for rezoning laws to accommodate this concept, Gladney identified five keys that communities should keep in mind when designing their 15-minute neighborhood: Think in terms of mixed-use development, such as a blend of housing, commercial usage and small-scale manufacturing. A spectacular estate on a hill. We got that!

Buyers 36