Housing Wire

APRIL 8, 2021

Despite ongoing lockdowns, social distancing and cutbacks on how many customers can enter the store at a time, Home Depot still managed to boost customer transactions by nearly 9% from the year prior. The share of people who made improvements to their home that amounted to more than $10,000 was 10%, double that of pre-COVID-19 levels. .

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Hank Miller Team

JULY 12, 2023

The first half of the Atlanta 2023 housing market shared many similarities with the first half of the 2022 real estate market. Despite continuous caterwauling from the MSM about a crash, home prices around greater Atlanta haven't really moved from a year ago. In fact, some market are ahead of those record highs of '22.

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Housing Wire

AUGUST 4, 2023

The ongoing shortage of housing inventory helped spur an increase in home building and home improvement activity, Kan said. On the housing market, she said that conditions are still favorable for households, supporting housing demand.

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Marketing Construction Renovations Home Improvement 289

Housing Wire

MAY 11, 2023

” “Meanwhile, the housing market continues to face challenges as home sellers are less active this spring. In addition to the “locked-in effect” of mortgage rates, sellers are facing another issue caused by high inflation: the increasing costs of home improvements prior to selling.”

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Mortgage Sellers Home Improvement Construction 360

Housing Wire

APRIL 24, 2023

Falling home prices will not only make it more difficult for retirees but will impact existing homeowners that may want to purchase something larger or in a more desirable neighborhood. The relationship between diversity, economic growth, housing and GDP The housing market is large and varied. GDP, roughly $3 trillion.

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Legal Housing Market Government Buyers 332

Housing Wire

AUGUST 31, 2020

DP: The events following the outbreak of COVID-19 rapidly led to a liquidity crisis across the mortgage industry, something seasoned veterans never thought they would witness again after the collapse of the housing market in 2008. HW: How do you think an increase in Non-QM lending could impact the housing market?

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Lending Retail Housing Market Home Improvement 367

Housing Wire

SEPTEMBER 23, 2020

It allows for actual home improvements to complement contemporary lifestyles. In turn, the program opens access to much-needed renovation capital for borrowers. As with any program, there are parameters, but this one isn’t confined to repairs.

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Renovations Insurance Home Improvement Design 543

Housing Wire

JULY 6, 2023

This, in part, is causing the tight inventory we’re seeing in the housing market today, as two out of every three houses have mortgages with interest rates below 4% and aren’t motivated to sell their house unless a significant circumstance warrants it.” through the first quarter of 2024.”

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Inventory Renovations Real Estate Government 461

Cleveland Appraisal Blog

DECEMBER 24, 2022

What to Expect When Undertaking These 4 Common Home Renovation Projects. When home improvement gives way to major renovations, the implications can be more impactful than you might realize. Familiarizing yourself with these renovations will give you a great start in mapping out your home improvement strategy.

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Renovations Appraisal Home Improvement Buyers 303

D Fritz Appraisals

SEPTEMBER 11, 2023

Major Home Renovations & Home Appraisals: What You Should Know Are you planning house renovations and want to know the best home improvement investments? Or maybe you are planning to sell your house and are wondering about renovations that increase home value the most.

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Housing Wire

AUGUST 26, 2022

HousingWire recently spoke with Lee Smith and John Gibson at Flagstar Bank about what originators can do to align their mortgage products and services with the ebb and flow of the housing market and what Flagstar is doing to help clients remain at the top of their game during this turbulent time.

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Empire Appraisal Group

DECEMBER 28, 2023

NEW YORK – Home Depot sales continue to slide as Americans wrestle with persistent inflation and the company narrowed its outlook for the year. But the nation’s biggest home improvement retailer still topped expectations for the quarter. Sales of new homes are falling, too, but for much different reasons.

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Housing Wire

MARCH 23, 2022

David Peskin: As we all know, the housing market is booming right now. HousingWire: What are some potentially overlooked products that originators could add to their portfolios to grow their businesses in the rising rate environment?

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Mortgage Clients Business Training 363

Eppraisal

OCTOBER 31, 2023

Properties spending longer than that can mean they’re undesirable for being structurally unsound, unaesthetic or overpriced; or there’s weak housing demand.    Home Improvements Strategically enhancing your house’s look or function can increase its value.

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Marketing Real Estate Agent Real Estate Valuation 69

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. Keep 2 things in mind if you’re planning to sell this season.

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Renovations Home Improvement Loan Officers Real Estate Agent 41

D Fritz Appraisals

OCTOBER 11, 2022

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. 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.

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Appraisal Inspection Property Taxes Easement 106

Housing Wire

AUGUST 25, 2022

It comes at a time in which the housing market favors buyers and seller concessions become more frequent. The new products complement UWM’s “Game On” initiative , a cut-rate pricing strategy devised to grow market share with purchase buyers.

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Mortgage Loan Officers Finance Investors 393

Cleveland Appraisal Blog

OCTOBER 22, 2021

He originally wrote an article for the Cleveland Appraisal Blog, back in July, entitled “4 Home Repairs You Need to Hand Over to a Professional” I hope you find his new article to be helpful! High-Impact Home Upgrades for Any Budget. Making a few upgrades around the home can be surprisingly affordable!

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Home Improvement Appraisal Renovations Modernization 221

D Fritz Appraisals

MARCH 16, 2022

A homeowner might do this because the housing market is struggling, and they’re concerned their home’s value has dropped. This model combines the land value and the depreciated value of any home improvements. While this approach can value newer homes reliably, it may not work for older properties. .

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Appraisal Insurance Investing Property Taxes 78

Housing Wire

MARCH 6, 2024

Still, contacts emphasized that the number of units for sale stayed far short of what they considered a balanced market, and that a dearth of inventories had contributed to faster house price growth from 2022 to 2023. New York: Housing markets strengthened as the spring selling season got underway a bit earlier than normal.

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Mortgage Real Estate Inventory Construction 365

Cleveland Appraisal Blog

OCTOBER 29, 2021

Once we know how much the home costs to replace, we can extract a percentage of how much the home improvement has depreciated. Let’s say that in this example, the home that sold for $500,000 has a replacement cost of $425,000. If that is the case, the home’s improvements have depreciated approx.

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Appraisal Development Finance Lending 365

AmeriMac

MAY 10, 2022

Once a home inspector explains what condition each system is in, you can better budget for potential breakdowns. Budgeting for these is especially important when you’re likely considering various home improvement projects. The process often also requires that you’re out of the house for at least some time.

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Housing Wire

JUNE 9, 2022

Patrick Dodd, CEO of CoreLogic, said home equity grew in tandem with home prices, which were up by 20% in March, compared to a year earlier. This has led to the largest one-year gain in average home equity wealth for owners and is expected to spur a record amount of home-improvement spending this year,” Dodd said in a statement.

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Home Improvement Mortgage Housing Market Real Estate 458

Housing Wire

APRIL 13, 2023

Remodelers are generally optimistic about the home improvement market, although some are noting negative effects of material shortages and higher inter e st rates ,” Alan Archuleta, NAHB Remodelers Chair, said in a statement.

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Marketing Home Improvement Finance Housing Market 329

Birmingham Appraisal

AUGUST 8, 2023

If you’re thinking about selling your house, you might be wondering how to get the best possible price for your property. Well, here’s a secret tip that can give you a competitive edge in the real estate market: Consider getting a pre-listing appraisal before putting your home up for sale.

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Appraisal Buyers Real Estate Investing 75

Houston Properties

MAY 24, 2021

We are extremely pleased with their hard work and dedication in selling our house so quickly so we could get on to the next chapter of our lives.”. These steps for home improvement will tell you how to maximize your property and increase its value. The Houston Properties Team can sell your home for top dollar in less time.

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Realtors Sellers Valuation Renovations 36

Will Springer Realtor

JULY 25, 2023

A composite deck will run about $32K and increase a home’s resale value by about $9K. Roof You probably wouldn’t want to replace a roof until its lifespan has run down to a year or two remaining, but if you’re looking to make a difference in the housing market consider this item as a higher priority.

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Renovations Investing Buyers Construction 36

Chicagoland Appraisal Blog

JANUARY 21, 2020

Increasing your property value through renovations or home additions, and paying off your mortgage, seem like the most straightforward ways to build equity. But there are also some factors that determine what your house is worth that are out of your control, like the location and popularity of the particular housing market.

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Real Estate Appraisal Home Value Real Estate Agent 78

Housing Wire

DECEMBER 29, 2023

After nearly two years of trudging through a frozen housing market , the consensus among mortgage professionals is that the worst of it is over. If customers are looking for home improvement, debt consolidation or other spending goals, Home equity products can be positive at current rates.

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Mortgage Loan Officers Inventory Business 449

Appraisal Partners Blog

FEBRUARY 4, 2020

Increasing your property value through renovations or home additions, and paying off your mortgage, seem like the most straightforward ways to build equity. But there are also some factors that determine what your house is worth that are out of your control, like the location and popularity of the particular housing market.

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Real Estate Appraisal Home Value Real Estate Agent 60

Assurance Financial

OCTOBER 27, 2023

There are a few ways to build equity in your home, including refinancing, renovating, paying down your mortgage and making a sizeable down payment. Your home’s value may also increase with an upward trend in the housing market. Loss of equity: With a HELOC, you borrow against your home equity.

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Renovations Mortgage Appraisal Housing Market 36

PennyMac

APRIL 29, 2022

This may make sense if you want to consolidate your debt or need a large amount of money quickly to cover expenses such as medical costs or home improvements. Refinancing your home can seem very appealing. What Are the Risks of Refinancing?

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Insurance Mortgage Finance Loan Officers 36

PennyMac

SEPTEMBER 6, 2023

Other cash buyers, like investors, may also be ready to buy your house quickly. Especially in a seller’s market, you will likely be able to sell successfully. Save money on home improvements When you sell your house more traditionally, you want to get the most money from your sale by fixing up your home.

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Renovations Inspection Sellers Buyers 36

The Robert Weiler Company

NOVEMBER 4, 2021

Luckily, your serendipitous muses at The Robert Weiler Company are here to offer some awesome, functional, and fun gift ideas for your favorite real estate investor – whether they’re into homes, buildings, or anything in between! Here are some fantastic ideas for residential real estate investors: 1.) An Amazon Gift Card.

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Real Estate Investors Home Improvement Investing 148

Will Springer Realtor

MARCH 14, 2022

The home remodeling industry is a $368B business, according to Harvard researchers , and is expected to reach $432B by the end of this year. Soaring costs of labor and construction materials is certainly contributing to the rising figure but there is evidence of a sharp increase in home improvements since the start of the pandemic.

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Housing Market Marketing Real Estate Supply Chain 36

The Robert Weiler Company

NOVEMBER 9, 2021

Luckily, your serendipitous muses at The Robert Weiler Company are here to offer some awesome, functional, and fun gift ideas for your favorite real estate investor – whether they’re into residential homes, commercial buildings, or anything in between! Here are some fantastic ideas for residential real estate investors: 1.)

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Real Estate Investors Investing Home Improvement 147

Assurance Financial

MARCH 18, 2021

Home improvements: With a cash-out refinance, you can finally tackle those home improvements. No matter whether you want to put a new roof on your home or build an addition, when you refinance, you can free up more cash that can be put toward these renovations. Make a Capital Home Improvement.

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Property Taxes Renovations Home Improvement Mortgage 85