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. . Now, it’s not a surprise to see places sold for three or four times that.

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Cleveland Appraisal Blog

JULY 22, 2021

Unfortunately, some home improvements can also be dangerous for homeowners, so before you start DIYing, it’s better to figure out which project you can do on your own and which you should hand to a professional.

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Empire Appraisal Group

DECEMBER 3, 2021

ADUs are growing at a rate of 9% or 100,000 per year, according to a new analysis by Porch.com, a home improvement site. In the largest cities, a home with an ADU is priced 35% higher, on average, than a home without one, according to Porch.com. . Properties that have one are sought after.

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Eppraisal

OCTOBER 31, 2023

These indicators paint a picture of the imbalance between supply and demand:  ●      Real estate inventory: High housing inventory means few properties are changing hands in your area and gives buyers control in the market. Pay attention to rental inventory, too.

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Housing Wire

MAY 22, 2024

Between elevated interest rates and the resulting “lock-in” effect , home prices and limited inventory levels are also making relocations challenging for baby boomers and older members of Generation X. The Home Depot is refreshing an in-house brand with accessibility in mind for things like grab bars and easier-to-use faucets.

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Cleveland Appraisal Blog

APRIL 29, 2021

After all, home improvements are all about good vibrations. In it, I provide short episodes that provide you with stats on median sales prices, marketing times, housing inventory and other related stats, on specific neighborhoods in Northeast Ohio. You can also listen to it right here at the Cleveland Appraisal Blog.

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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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Lamacchia Realty

MARCH 3, 2022

If you’re thinking of selling your home this spring, don’t wait to get it ready. inventory has been historically low, but signs of spring activity are beginning to give frustrated buyers hope! The low inventory has been driving up demand and setting the real estate market up for a very busy spring.

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Lamacchia Realty

JULY 29, 2022

10 SUMMER IMPROVEMENT PROJECTS FOR YOUR FLORIDA HOME. Summer is the best time of the year to conduct a house inventory and spend quality time with loved ones. If you’re not sure where to start, here’s the list of our top 10 ideas for summer improvement projects you can try on your Florida home.

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San Jose Real Estate

AUGUST 24, 2021

Most of the homes for sale in Silicon Valley are more than 25 years old, and with our already very restricted inventory, that makes the odds of purchasing an older house, townhouse or condo fairly high if you’re in the market to […]. What needs updating if you are buying an older house, townhome, or condo?

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Cornerstone

MAY 4, 2021

In a normal market, you’ll see a 6-month supply of homes for sale. But today, housing inventory has dropped far below this level: The National Association of REALTORS® (NAR) reports that there’s currently just a 2.1-month This means competition among homebuyers is high, and homes are selling fast. It may help to know that: 1.

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Housing Wire

DECEMBER 29, 2023

“At the end of the day if mortgage rates come down, I don’t just think that’s gonna solve the inventory problem right away,” said Ben Cohen, managing director at Guaranteed Rate. But a combination of factors – high home prices , lack of inventory , elevated rates — temper expectations for even a moderately strong year.

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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. Listing inventory down as well, in the mix is the dearth of new construction when builders slammed on the brakes.

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Lamacchia Realty

MAY 6, 2021

City and town offices were ordered to shut down at the beginning of the pandemic causing delays for attorneys who need municipal certificates, mortgage companies were extremely backed up due to the low rates which caused a litany of refinancing applications, and extremely low inventory and high buyer demand flipped the market upside down.

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McKissock

JULY 18, 2021

When the seller’s market is this hot, is it still necessary to renovate a seller’s home before it hits the market? But just because the ball is already in the seller’s court, so to speak, is it enough to justify skipping renovation altogether?

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Housing Wire

APRIL 14, 2022

of the lender’s total mix last year, and its sweet spot of government loans aren’t as competitive as agency product in a low-inventory environment. In a more competitive environment, originators are also changing up their product mix, offering reverse mortgages, home equity loans, and home improvement loans.

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Home Junction

MAY 20, 2020

Before the crisis, in most towns, inventory for homes in the $300,000 range was low. Make major repairs (many contractors might not be as busy as earlier in the year, so they might be eager to take on some home improvement projects such as replacing kitchen cabinets, etc.). Also look at available inventory.

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Will Springer Realtor

SEPTEMBER 19, 2023

We can provide relevant market and inventory information. Then, together, the buyer and broker can look for that dream home with confidence. The site is said to be updated quarterly. Your Broker Can Help Provide Flood Information While not flood map experts, real estate brokers like me can be knowledgeable partners.

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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”.

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Will Springer Realtor

JANUARY 25, 2022

Asbestos was used heavily in home construction – for flooring, drywall, ceiling treatments and insulation – until the 1980s. Even though the Clean Air Act of 1978 banned asbestos in residential properties, businesses were allowed to use their remaining inventory in home remodeling and new construction until it was exhausted.)

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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 Unique Mountain House in Nevada City, CA listed for $3.3 The ARM share was 9.3

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PennyMac

SEPTEMBER 18, 2020

Do a door and lock inventory to make sure they all work—the only time a door should be unlocked is when someone is using it. The only time a window should be unlocked is when it’s open while you’re home, and even then, be extremely judicious about this, including for second-story windows that can be climbed up to.

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Housing Wire

DECEMBER 14, 2020

Therefore, with the exception of tiny homes on wheels, the ADU would be sold as part of the property. As home improvements go, ADUs can be a profitable investment. With COVID driving more and more people to stay closer to home for work and school, the appeal of these separate living spaces is predicted to rise.

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Will Springer Realtor

APRIL 11, 2022

This year’s buying and selling campaign will be marked by increasing inventory (good!), and rising home prices (still!). >> Researchers at Harvard forecast a 14% year-on-year increase by the end of 2022 in owner-occupied home improvement spending. overall, where housing inventory rose 2.4% >> U.S.

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Housing Wire

NOVEMBER 9, 2023

Cortez Masto’s bill would make the PRICE program permanent and provide funding for home improvements and neighborhood upgrades for eligible Americans on an annual basis. I’ll keep working with my colleagues to address the affordable housing crisis and keep families in their homes.”

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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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Will Springer Realtor

DECEMBER 8, 2021

New York had the largest out-migration, 27%, and Texas the least, 6.7%, of all domestic movers between March 2020 and September 2021. >> Survey data from Harvard’s Joint Center for Housing Studies forecast strong growth in home improvement and maintenance expenditures through 2022. Monthly inventory stands at 0.4 months (vs.

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Sellers Marketing Supply Chain Construction 36

Will Springer Realtor

MARCH 14, 2022

This generation is leading the charge in remodeling homes, particularly aging structures that could have soon been near the end of their lifespan. Without their spirit to rebuild, our thinning housing inventory would be more dire than it is today. Condo inventory is not much better. A 2021 survey showed nearly half of U.S.

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Will Springer Realtor

JULY 9, 2021

A key takeaway from this year’s report is the impact that rising raw materials costs has had on home-improvement projects. This has caused an average of -3% ROI for all home improvement projects. Here are the top ROI projects for a typical home in the U.S. Inventory across our area remains extremely low.

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