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Top 5 home improvement projects real estate agents should recommend to sellers

Housing Wire

Being able to provide data-driven home improvement recommendations can help agents build credibility with potential clients, sell homes faster and for more money, and ultimately win more listings. These days, buyers want move-in ready homes – they don’t want to face huge construction projects before they can get settled.

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How much value do home improvements add to an appraisal?

Boston Appraisal

The effect that home improvements have on an appraisal can vary depending on the type of improvement, the quality of the work, and the local real estate market. What are some common home improvements that can increase appraisal values? How do appraisers determine the value of home improvements?

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Fed’s Beige Book shows recent moderation in mortgage rates propped up demand for homes

Housing Wire

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday.

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The labor market showed signs of modest cooling in July

Housing Wire

Employment in the construction industry continued to trend up in July, adding 19,000 jobs, especially in the residential construction space. The ongoing shortage of housing inventory helped spur an increase in home building and home improvement activity, Kan said.

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Home Improvements: What counts towards the appraisal?

Padove Appraisal Service

I am often asked which home improvements “count” towards the appraised value of a house. Many people envision a list of improved items with predetermined relevancy, along with a specific dollar value assigned to each of those items. Using this method, the appraiser examines recent sales of similar homes in the neighborhood.

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

PennyMac

A home upgrade that doesn’t fully pay for itself dollar-for-dollar in terms of increased home value may still boost your home’s overall market value, thereby increasing your equity. Take a look at these popular home improvement projects and their ROI values. Will You Stay — A Forever Home or Prepping for a Sale?

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With low inventory, house hunters are in full safari mode

Housing Wire

Very little inventory Mike Simonsen, founder and president of real estate data firm Altos Research , said many homebuyers are adjusting to higher rates, however, and finding ways to pursue home-purchase transactions. A recent report by online home marketplace Zillow estimates that the nation needs 4.3

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