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What to Know About Home Renovations in 2023

Lamacchia Realty

WHAT TO KNOW ABOUT HOME RENOVATIONS IN 2023 In recent years, the world has undergone a multitude of changes, and the home renovation industry is no different. Factors such as supply chain disruptions, project delays, and increasing costs have greatly impacted both new construction and ongoing renovation projects.

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The non-QM outlook for 2022

Housing Wire

As we look forward to 2022, the non-QM market is predicted to grow substantially. There are a few market factors contributing to this expected growth for the non-QM sector. The housing supply constraints on the market also open up a few opportunities for non-QM growth. Refinance decline. How Acra Lending can help.

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44 New Home Improvement and Renovation Statistics for 2022

Raleigh Realty

If you’re considering a home renovation, you might be looking for some insight on what other homeowners are doing. That’s why we’re rounding out some top home renovation statistics so you know what to expect from your next home improvement project. billion in the United States alone by the end of 2022.

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7 Problems to Watch Out for During a Home Renovation

Eppraisal

Are you planning a home renovation to increase your property's value or preparing to sell your home in the future? Home renovations can be exciting and rewarding but can also come with their fair share of challenges. Plumbing Issues Plumbing issues can be a major headache during a renovation.

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Relocation Trends for Buyers in 2022

Appraisal Buzz

The housing market has been a roller coaster ride since COVID-19 began, and it hasn’t shown signs of stopping in 2022. Here are some buyer relocation trends to watch out for in 2022’s hectic real estate market. Millennials Still Prefer Renovating. More Second Home Purchases. 2021 to Jan. Greater Demand for More Space.

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Homepoint looks to match broker partners with builders

Housing Wire

Homepoint’s “New Build program” connects homebuilders with business purpose construction financing through in-region mortgage brokers, with loan amounts up to $4 million per unit or $25 million per project. It’s also assessing a variety of other products to service a market that is now heavily purchase-focused.

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Affordable housing inventory is limited due to foreclosure prevention efforts

Housing Wire

Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I My renovated homes are] reducing the number of rental properties , which in our town has become a source of demise.”

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