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With low inventory, house hunters are in full safari mode

Housing Wire

One source of added inventory is the fix and flip industry , which is expected to acquire and renovate some 350,000 homes in 2023, according to Kurt Carlton, president of New Western , a private real estate investment marketplace. through the first quarter of 2024.”

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Pushing Harder for Reducing Our Carbon Footprint in the Home

Will Springer Realtor

Fun fact: When comparing the overall median sales price of a home sold in Western Washington in 2023, the Northwest Multiple Listing Service reported residential properties with a green certification sold for 20% more – $740K vs. the non-certified home sale of $591K.

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Product Certifications for Sustainable Homes

Will Springer Realtor

Developed by the Environmental Protection Agency (EPA), Energy Star is the most widely recognized rating and informs people about the energy use of their favorite appliances and devices. Then you have another commonly seen certification – green-friendly Leadership in Energy and Environmental Design, better known as LEED.

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Top Tips for Eco-Friendly House / Green Homes

D Fritz Appraisals

The Sustainable Home. A passively sustainable home is developed to take advantage of its surrounding environment. For instance, a home built with the most exterior surface facing north and south allows it to take advantage of the most sunlight possible. Purpose-Built Sustainability During Renovations or New Construction.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. They are also used to assess the value of the home for home improvement loans and insurance evaluations. What is a Home Appraisal and Why is it Important?

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How to Build Equity in Your Home

Chicagoland Appraisal Blog

Building home equity is one of the many financial benefits to homeownership, but sometimes it’s hard to know where to start. Increasing your property value through renovations or home additions, and paying off your mortgage, seem like the most straightforward ways to build equity.

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How to Maintain the Character of an Old Home

Eppraisal

That said, most old homes are rough around the edges and require renovation to be fully functional. The Benefits of Keeping an Old Home’s Character The housing crisis will likely affect you whether you’re looking for a home as somewhere to settle down or an investment asset.