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Opinion: More financing options for ADUs are needed

Housing Wire

In the ongoing struggle for attainable housing, one positive development has been the increased availability of funding options for homeowners seeking to incorporate Accessory Dwelling Units (ADUs) into their properties. Draw structures for loans supporting new construction of ADUs, especially for prefab, are still “clunky.”

Finance 458
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Opinion: How did homeowners get into home equity prison?

Housing Wire

Then, the housing market takes off like a rocket with home values exceeding all expectations. They can also move to areas that are less established and currently being developed, which means new construction and lower prices for those that purchase in the early phases.

Law 422
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A look at Knoxville’s hot housing market

Housing Wire

Many are eyeing scenic East Tennessee, where Knoxville and its surrounding suburbs have formed one the country’s hottest housing markets. Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. How 2020 is still shaping the way lenders use data.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Reviewing / appealing property tax assessment.

Appraisal 105
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WILL WAR IN UKRAINE IMPACT OUR HOUSING MARKET?

Will Springer Realtor

Without their spirit to rebuild, our thinning housing inventory would be more dire than it is today. Soaring costs of labor and construction materials is certainly contributing to the rising figure but there is evidence of a sharp increase in home improvements since the start of the pandemic. A 2021 survey showed nearly half of U.S.

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Does Refinancing Affect Your Taxes?

Assurance Financial

Before you take the next steps toward refinancing, you may be wondering about the tax implications of refinancing a mortgage. At Assurance Financial, we have developed this guide to refinance tax implications to help you determine whether a mortgage refinance may be the right option for you. Tax Deductions and Refinancing.

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Build-for-rent is a bet on the ‘new normal’ housing market

Housing Wire

One slice of the single-family home market that has gained traction over the past year in a topsy-turvy housing landscape is the build-for-rent sector — or BFR. While the market share of [single-family] BFR homes is small, it has clearly been trending higher,” the NAHB report continues. In addition, JP Morgan Chase & Co.