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Biden to call for first-time homebuyer tax credit, construction of 2 million homes

Housing Wire

In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional homes; and cost reductions for renters. The White House estimates that this “will raise an additional $3.79

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What Impact Do Renovations Have on Appraisal Value?

Birmingham Appraisal

Home Renovations and Appraisal Value As an appraiser, I get asked about how much value will be added for different types of home projects or renovations. The best way to look at home renovations is by considering the overall impact they will have on your home. Updates or Renovations?

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FHA drafts guidance to expand financing on homes with ADUs

Housing Wire

The proposal is designed to offer additional flexibility for calculating market rent and using ADU rental income to help qualify for FHA-insured mortgage financing. “If On the West Coast , Seattle saw a 250% ADU construction increase from 2019 to 2022. The popularity of ADUs has increased in recent years.

Finance 363
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Finance of America debuts refi-ADU product

Housing Wire

The lender said that beyond the rate reduction, the refi product was designed “to help create more affordable housing options” and “allow homeowners to take advantage of recent state changes that have encouraged the construction of ADUs.”. This in turn would reduce a homeowner’s monthly interest payments.

Finance 357
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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

It is often the first point of contact between you and potential clients, or it’s how clients confirm if you’re the right fit after you’ve been referred to them. Accreditations and designations Highlight your professional credentials and any special designations you’ve earned. Jane Doe specializes in luxury markets.”

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3 Reasons to Live in a New Home Before Renovating

Zillow

Rather, I'm referring to discretionary remodeling, expansions and other improvement projects. A home renovation can be yet another big and stressful project, what with all the decisions to make and contractors to deal with. Any renovation, no matter how small, should be designed with care. You need time to plan.

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8 Sustainability Trends Driving Commercial Real Estate for Earth Day

The Robert Weiler Company

Commercial real estate developers are ensuring that the goal of Earth Day is being met, as evidenced by widespread initiatives in green design and sustainable building. Upgrades to existing buildings brought an even bigger reduction in operating costs globally, with green renovations at 11.5% savings over five years.