Housing Wire
APRIL 15, 2021
Inventory is low, like it is throughout the country, and that’s driving up demand. Inventory in Kingston and Ulster County isn’t likely to get better anytime soon, according to local builders. . The National Association of Home Builders estimates that the rising cost could add up to $24,000 to the price of a new build.
Housing Wire
MARCH 6, 2024
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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Appraisal Today
MAY 17, 2024
By Tom Horn Excerpts: As an appraiser, I get asked about how much value will be added for different types of home projects or renovations. Contrary to what you see on the home improvement shows it is not always possible for an appraiser to shoot from the hip and reply back “An updated kitchen will add $50,000 to the value of your house”.
Hank Miller Team
JULY 12, 2023
Working at home became "a thing" and people spent a lot more time in and around their homes. Many leveraged those low rates and refinanced, taking money out and completing home improvements. Fewer buyers, fewer contract and sales. Why move now? Why give up that sweet mortgage rate? have a rate below 5.
Cornerstone
MAY 4, 2021
If you’re considering selling, your first step might be to begin looking into which remodeling projects may make your home more attractive to buyers. But before you sign any contracts, keep in mind that there’s something unique going on in today’s housing market. In a normal market, you’ll see a 6-month supply of homes for sale.
Appraisal Today
OCTOBER 20, 2023
NOTE: Please scroll down to read the other topics in this long blog post Modular Homes Data Plates, ADU income, Pickleball courts and other interesting home improvements, , unusual homes, mortgage origination and more! The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 7.36
Will Springer Realtor
MAY 9, 2023
annually in home improvements across the U.S., Improvements include remodels, replacements and additions to homes. The $180B kitchen and bath market is leading the home-improvement charge and, despite economic headwinds for many households, industry experts see no end in this modernization movement.
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