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NAR adds home improvement contractor’s app to Realtor benefits

Housing Wire

The National Association of Realtors (NAR) announced on Wednesday the addition of a home repair estimate app to its package of NAR Realtor Benefits for members. Second Century Ventures , NAR’s strategic investment division, included Curbio in its “REACH” startup growth program in 2019. Founded in 2017, Curbio is based in Potomac, Md.

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Turnkey homes vs. fixer-uppers: The best home for your wallet

Housing Wire

While turnkey properties come with a higher price tag , they can be a cheaper investment in the long run. According to a study conducted by Buildword , 53% of buyers who purchased a fixer-upper exceeded their budget, compared to 15% of buyers who purchased a turnkey home. The costs to fix up a home varies. Fixer-Upper.

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Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

5000 list an impressive five times: Total Expert , which offers CRM and data-driven customer engagement solutions, turning customer insights into actions to increase loyalty and drive growth; and FirstClose , a tech solution provider for HELOC and home equity lenders. Other established names to make the Inc. 4,105 FirstCloseFirstclose.

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Home Improvement Cost vs. Value: Is Your Project Worth the Money?

PennyMac

Do you know the return on investment (ROI) of your renovation project? Some renovations can make your home more valuable. If you’re investing in a home renovation in hopes of recouping that money when you sell, it’s important to research and plan ahead before you begin to ensure you’re spending your money wisely.

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6 Kitchen Renovations Worth the Investment

McKissock

When selling a home though, most real estate professionals will vouch that — as far as home improvements are concerned — kitchen renovations are worthy investments that will likely increase your resale value. The countertops will help sell themselves if you’re willing to make the investment.

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What Impact Do Renovations Have on Appraisal Value?

Birmingham Appraisal

Home Renovations and Appraisal Value As an appraiser, I get asked about how much value will be added for different types of home projects or renovations. Home renovations that reconfigure the layout of a house, add more rooms or living areas, or upgrade the kitchen or bathrooms are usually the most expensive.

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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 447