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The homegenius Platform gives consumers deeper insights in the home buying and selling journey

Housing Wire

Not available anywhere else in the industry today, consumers can gather inspiration on social media networks like Pinterest, upload photos of their dream home and homegeniusIQ, homegenius Real Estate’s proprietary technology, will instantly analyze the photos and present homes with similar features.

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Biden tax credit to rehab homes is finally unveiled

Housing Wire

Presented by: Altisource. President Biden also announced the Neighborhood Homes Tax Credit, which would incentivize the rehabbing of outdated homes. The tax credit would cover the difference between total development costs — including acquisition, rehabilitation, demolition and construction — and the sales price.

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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. The National Association of Home Builders (NAHB) also recognizes the potential of the build-for-rent (BFR) sector. In addition, JP Morgan Chase & Co.

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Millennials struggle to compete with boomers for homes

Housing Wire

Over the same time period, home values grew 31.2%. In the past two years, prices have grown an additional 22%, which should come as no surprise, as more than half of homes sold this past July went for above list price and there appears to be no end in sight, as Goldman Sachs predicts that home prices will rise another 16% in 2022.

Buyers 538
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Sustainability Factors to Consider When Building a Home

Eppraisal

When building a home, homeowners should consider the project's sustainability. Aside from affecting the overall home value, a building’s eco-friendliness can impact your comfort as time passes. Environmental considerations are also associated with energy savings and home comfort.

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Home prices haven’t risen this fast since 2005

Housing Wire

Presented by: MCT. Higher material costs , a lack of inventory and labor continue to drive demand, pushing up home prices. “The housing market dynamics are pushing up prices of homes to the point that new homes especially are increasingly out of reach for lower-income and even many middle-income Americans,” Frick said.

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Insurance carrier exodus rattles California and Florida housing markets

Housing Wire

I do a lot with new construction and homeowners’ insurance is cheaper on new builds because they are brand new,” Williams said. In announcing their departure from the Golden State, the two major insurers cited the increased wildfire risks in the state and rising construction costs.

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