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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. We should view affordable home production like infrastructure,” Yun added. housing affordability.”

Inventory 465
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Room-By-Room Guide to Eco-Friendly Home Modifications and Renovations

Raleigh Realty

They can lead to more efficient homes, lower utility bills, and a greener environmental outlook. Just like a garage or a carport, environmental home renovations help to improve home value. Reused and Recycled Materials Even if you’re building an entirely new home, take advantage of recycled materials.

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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

Then you have another commonly seen certification – green-friendly Leadership in Energy and Environmental Design, better known as LEED. Among others, WELL is a health-focused certification designed to improve residents’ sleep patterns and other areas of well-being around the home.

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Washington ADU Laws Aim to Open New Doors to Housing

Will Springer Realtor

In addition, cities and counties cannot impose design requirements for accessory dwellings that are more restrictive than the primary residence. Local government can tweak policy where appropriate but by passing its laws, the state is seeking to provide more consistency across each municipality. Designs NW. (I

Law 65
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Guide to VA Loans: How They Work and Who Qualifies

PennyMac

VA loans are government-backed loans that offer veterans and service members more flexible borrower criteria than conventional loans. Use the funds for any purpose, such as paying off debt, funding education or making home improvements. Qualified veteran homeowners who want to use their equity in their homes.

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All You Need to Know About Reverse Mortgage Appraisals

AmeriMac

One of the most common types of reverse mortgages is the Home Equity Conversion Mortgage (HECM), which is insured by the Federal Housing Administration (FHA). HECMs are government-backed loans designed to help seniors access the equity in their homes. Enhancing curb appeal through landscaping can also add value.