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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 452
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Features That Can Make Or Break The Value Of Your Home

Lamacchia Realty

In-Law Apartments How this can Increase Value: A well updated and cohesive In-law apartment is very attractive to buyers who are looking for one. However, it needs to be cohesive and not take away from the home’s overall appeal. This is one of the few home improvements that can increase the value as the years pass.

Law 67
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Can I Take Out a Loan to Remodel My Home?

Assurance Financial

After your purchase, you can renovate the property to make it suit your tastes and fit your needs. Depending on the extent and cost of your home improvement goals, you might need to take out a loan for renovations. A home renovation loan is most likely not going to be the same as your mortgage.

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Maximizing Tax Advantages of Owning a Home

Eppraisal

Capital Gains Exclusion Another key tax advantage of owning a home is the ability to exclude a portion of capital gains from the sale of your primary residence. This deduction allows homeowners to access the equity in their homes at a lower cost, as the interest paid on these loans is typically tax-deductible.

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Washington ADU Laws Aim to Open New Doors to Housing

Will Springer Realtor

Many Washingtonians may be in for a surprise on the real estate front when new laws take effect county by county that will greatly expand the use of accessory dwelling units – or ADUs – on parcels of land once exclusive to single-family homes. For context, 43K homes were added in the state in 2021.)

Law 66
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4 Ways To Improve Your Home's Appraisal

East Coast Appraisal

Fortunately, you can take several steps to improve your home's appraisal. A higher appraisal value means you can sell your home for a higher price, which can result in a larger profit for you as the seller. Read on to learn four effective ways to do just that so you can get the best possible price for your home.

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10 Ways to Financially Benefit From Your Home

PennyMac

Equity is the difference between the market value of your home and the amount you owe on your mortgage. Once you've accumulated enough home equity, you can tap into it for various needs like home renovations, debt consolidation or other expenses. Consolidate Debt Your home equity can help you take charge of your debt.