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Many baby boomers live in “time capsules” that need renovations to age in place

Housing Wire

Fifty-five percent of surveyed baby boomers plan to remain in their existing homes as they age, but less than a quarter of those surveyed have any plans to renovate their homes to more safely and easily accommodate natural changes that come with aging.

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Regions Bank places $1B bet on home renovation market

Housing Wire

Regions Bank is looking to make a big dent in the home improvement lending space , striking a deal to acquire EnerBank USA for $960 million in cash. billion as of March 31, 2021 and is one of America’s largest specialized home improvement lenders. billion in home improvement projects.

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Home Renovations in 2021

Lamacchia Realty

HOME RENOVATIONS IN 2021. As we begin to see the other side of the pandemic and throughout the past year, the home improvement and renovation industry is seeing an extremely high demand for tools, materials, and home improvement service providers. Cost of Materials. What You Can Do.

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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.”

Inventory 466
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Home equity is the bright gem of the housing market

Housing Wire

Closed fixed-rate second-lien [home-equity] loans have been up the least in terms of volume, Toohig said, with HELOCs leading the charge — along with unsecured personal loans used for home improvement. (A

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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. This certification considers air quality, noise pollution, energy savings, materials and other factors in developing a universally recognized rating system.