Eppraisal

NOVEMBER 21, 2023

In the ever-evolving real estate market, homeowners are constantly seeking ways to enhance the value of their properties. While personal enjoyment is undoubtedly a priority, the return on investment (ROI) becomes a crucial factor, especially for those considering selling their homes in the future.

Home Improvement 68

Home Improvement Home Value Modernization Investing 68

Housing Wire

MARCH 10, 2023

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. billion in the fourth quarter of 2021,” a recent market assessment by ATTOM shows.

Housing Market 358

Housing Market Marketing Contracts Lending 358

Raleigh Realty

JULY 12, 2022

That’s why we’re rounding out some top home renovation statistics so you know what to expect from your next home improvement project. We’re covering home improvement, renovation, and remodeling topics so you’ve got all the information you need for your next project. billion in the United States by the end of 2022.

Home Improvement 60

Home Improvement Renovations Construction Supply Chain 60

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. However, climbing mortgage rates remain a substantial obstacle for homebuyers.

Marketing 288

Marketing Construction Renovations Home Improvement 288

PennyMac

JANUARY 2, 2024

Equity is the difference between your home's current market value and the amount you owe on your mortgage. A home upgrade that doesn’t fully pay for itself dollar-for-dollar in terms of increased home value may still boost your home’s overall market value, thereby increasing your equity.

Home Improvement 36

Home Improvement Renovations Investing Inspection 36

Housing Wire

AUGUST 2, 2022

The layoffs come amid a mortgage market downturn and a larger company restructuring, multiple current and former staffers told HousingWire. Besides the downturn in the market, sources said there’s another reason for the workforce reduction: FoA is restructuring its operations.

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Marketing Human Resources Finance Business 324

Eppraisal

DECEMBER 22, 2023

Home improvements matter in real estate listings because they enhance your property’s value and attractiveness. Making strategic upgrades is essential because it helps your home stand out, making it more appealing to potential buyers.  These A home’s curb appeal can impact about 7% of its total value.

Home Improvement 36

Home Improvement Real Estate Modernization Renovations 36

Will Springer Realtor

JANUARY 17, 2023

Owners planning to sell their homes should understand the market is changing – and not in their favor. Gone are the days when nearly any home put up for sale would attract a wave of interest from buyers willing to make high-priced offers without conditions. The potential to make bespoke improvements to the home is vast.

Home Improvement 36

Home Improvement Marketing Buyers Design 36

Housing Wire

APRIL 10, 2024

The company also provides commentary for its fourth quarter 2023 financial performance, assesses its market advantages and offers an assessment of impacts stemming from changes in Ginnie Mae ’s Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program. million in fourth-quarter 2023.

Business 382

Business Investors Finance Home Improvement 382

Padove Appraisal Service

JANUARY 14, 2018

I am often asked which home improvements “count” towards the appraised value of a house. Many people envision a list of improved items with predetermined relevancy, along with a specific dollar value assigned to each of those items. Using this method, the appraiser examines recent sales of similar homes in the neighborhood.

Home Improvement 78

Home Improvement Appraisal Construction Renovations 78

Housing Wire

APRIL 14, 2022

Then, the mortgage industry showed why it is called a cyclical business: in the second half of 2021, the Federal Reserve signaled an increase in interest rates and an easing of the purchase of mortgage-backed securities, choking the refi market. Pennymac estimates it has 17% market share in the correspondent channel, compared to 1.4%

Mortgage 522

Mortgage Marketing Retail Lending 522

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.

Renovations 297

Renovations Home Improvement Retail Marketing 297

Housing Wire

AUGUST 27, 2021

Should you update your home before putting it on the market? Three in four homeowners say they’d rather replace their appliances than accept a low offer on their home, according to a study by Cinch Home Services. . Certain home improvements are considered “capital improvements.” Sliding Replacement.

Renovations 432

Renovations Home Improvement Investing Home Value 432

Housing Wire

APRIL 15, 2021

Brian Hommel, owner of Saugerties-based Brian Hommel Home Improvement , said his company is booked until September 2022 — and most clients are fine taking the appointments that late. ” The post Kingston is latest hot housing market for those leaving NYC appeared first on HousingWire.

Housing Market 397

Housing Market Marketing Transportation Realty 397

Housing Wire

MAY 28, 2021

Keep reading to learn whether a turnkey home or fixer-upper is the right option for you: More for Real Estate Enthusiasts. A homebuyer’s guide to a competitive housing market. A turnkey home is a property that doesn’t require any major repairs or renovations. The costs to fix up a home varies. Projects to avoid.

Renovations 474

Renovations Home Improvement Real Estate Agent Real Estate 474

Housing Wire

JANUARY 30, 2024

Another $700 million is expected to be invested in mortgage lending, with a focus on rural areas, the development of community mortgage loan officers, small-dollar mortgages and home improvement loans, among other products for LMI borrowers.

Investing 333

Investing Mortgage Lending Loan Officers 333

Housing Wire

FEBRUARY 6, 2024

Another recent study found that 55% of surveyed baby boomers plan to remain in their existing homes as they age, but less than one-quarter of those surveyed have any plans to renovate their homes to more safely and easily accommodate natural changes that come with aging.

Renovations 425

Renovations Home Improvement Investing Clients 425

Housing Wire

DECEMBER 1, 2022

That is money they’ve earned and saved, and we want to make it as easy as possible to access that for home improvements, debt consolidation, or whatever else they may want to use it for.”. Most non-banks market HELOCs but they are truly offering HELOANs. Hitch has raised $2 million since its launch this year.

Renovations 404

Renovations Home Improvement Government Tools 404

Housing Wire

MARCH 3, 2022

HousingWire recently spoke with Jon Gerretsen, SitusAMC Managing Director of Residential New Originations and Fulfillment Services, about the home buying boom and how lenders can gain market share and drive profitability in a white-hot purchase mortgage market. It also has a home improvement business.

Finance 368

Finance Investors Mortgage Home Improvement 368

Housing Wire

SEPTEMBER 29, 2022

Amid the most challenging mortgage market in decades, multichannel lender Finance of America (FoA) plans to sell its retail mortgage division and shut down its forward wholesale channel, multiple sources told HousingWire. . “It is company policy not to comment on rumors or speculation in the market,” a spokesperson for FoA said.

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Retail Finance Home Improvement Business 432

Housing Wire

JANUARY 19, 2024

“Patriot Bank has always acted to serve the home mortgage credit needs in minority neighborhoods, and the bank’s strong record speaks for itself and flatly contradicts any allegation of wrongdoing,” John Smith, president and CEO of Patriot Bank, in a statement. “We million investment Patriot will make, subject to court approval, At least $1.3

Loan Officers 381

Loan Officers Lending Advertising Home Improvement 381

Housing Wire

MAY 11, 2023

Per Freddie Mac ‘s Primary Mortgage Market Survey, the 30-year fixed-rate mortgage averaged 6.35% as of May 11, down four basis points from last week’s 6.39%. “Although the labor market figures are promising amidst concerns of a recession, it also gives the Fed little reason to cut rates in the short term,” Xu said.

Mortgage 359

Mortgage Sellers Home Improvement Construction 359

Housing Wire

JUNE 10, 2021

According to Zillow and Thumbtack’s Hidden Costs of Selling Analysis , the average homeowner spends over $15,000 in “hidden costs” to sell their home. . From staging fees, home improvements, repairs and seller concessions, there are several hidden costs involved in the selling process.

Sellers 545

Sellers Real Estate Agent Real Estate Decorating 545

Appraisal Buzz

MARCH 31, 2022

In light of a difficult housing market filled with high home prices and low supply, Discover Home Loans issued a survey to better understand homeowners’ attitudes towards home improvements, purchasing and refinancing. In some … The post Homeowners Look to Renovate Than Relocate appeared first on DSNews.

Renovations 150

Renovations Home Improvement Housing Market Appraisal 150

Appraisal Buzz

APRIL 29, 2024

Prior to the 2008 dust-up, this strategy had helped us become a dominant player in our market. What could we do to fortify our business to withstand another market shock in the future? That option evaporated overnight, as many of our clients abandoned those relationships and started using AMCs to distribute their appraisal orders.

Clients 195

Clients Business Appraisal Lending 195

Housing Wire

OCTOBER 7, 2022

Consequently, 2022 may be the year FoA exits the forward mortgage space entirely to focus on products such as reverse mortgages, commercial lending, and home improvement. Last week, HousingWire reported that FoA was trying to sell its forward retail mortgage division amid the most challenging mortgage market in decades.

Retail 355

Retail Finance Home Improvement Mortgage 355

Inman

AUGUST 4, 2023

The company intends to prepare agents and homeowners for the "millions of new high-performing homes improved through the Inflation Reduction Act (IRA)," according to an announcement.

Home Improvement 143

Home Improvement Agents Renovations Marketing 143

Housing Wire

NOVEMBER 23, 2021

This form of refinancing can help borrowers who need a source of money to add additional value to their home, especially as the current market is incredibly attractive for sellers. Through conversations on better management and leverage of home equity, mortgage providers can help borrowers improve their financial outlook.

Investing 420

Investing Home Improvement Home Value Mortgage 420

Eppraisal

OCTOBER 31, 2023

 Better yet, use a real estate agent to do a comparative market analysis and calculate your home’s value impartially. Appraisal Mortgage lenders use home appraisal reports to make credit decisions, so hiring an appraiser can help you learn about your home’s current market value more objectively.  This

Marketing 69

Marketing Real Estate Agent Real Estate Valuation 69

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.

Renovations 543

Renovations Insurance Home Improvement Design 543

Housing Wire

JULY 6, 2023

The nation’s housing industry has entered a new normal in which the dynamics of the market appear perplexing — marked by high mortgage rates and high home prices, along with shrinking mortgage originations. The perplexing part: Why are home prices not declining in this environment? Just because there’s vacant homes in the U.S.

Inventory 460

Inventory Renovations Real Estate Government 460

Housing Wire

OCTOBER 29, 2021

From where a consumer sits, they spend months in the origination process — 30-90 days on a refi and up to 360 days in a long lead purchase in a market where more than half of deals have bidding wars. This concept hits harder when we view the world from their experience. More on purchases and cash-out refis in the Engagement section below.

Clients 378

Clients Modernization Home Improvement Technology 378

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.

Renovations 303

Renovations Appraisal Home Improvement Buyers 303

Housing Wire

SEPTEMBER 16, 2021

national increase of existing home sales, we see that, for the fifth year in a row, the largest brokerage firms in the country gained market share. Closed sides were up 15.8% When compared to the 5.6% Sales volume was up an astounding 25.9%. Both of these growth factors are the largest that RealTrends has ever seen in its rankings.

Real Estate 336

Real Estate Business Brokerage Open Houses 336

Housing Wire

MARCH 25, 2022

Volume of purchase originations, cash-out refinances and even home improvement loans were up from the previous year. By volume, despite steeply rising home prices, the share of minority borrowers also grew to 27.1% Total originations in 2021 totaled about $4.47 trillion, HMDAVision shows. from 24.7%.

Mortgage 431

Mortgage Lending Home Improvement Investing 431

Appraisal Hub

NOVEMBER 30, 2023

In the bustling real estate market of Toronto, understanding the true value of your residential property is more crucial than ever. Whether you’re considering selling your home, refinancing your mortgage, or simply looking to understand your property’s market value, a professional residential appraisal is the key.

Appraisal 78

Appraisal Property Taxes Valuation Market Value 78

Housing Wire

AUGUST 26, 2022

The mortgage industry is changing rapidly and originators are focused on adapting to a shifting market in order to stay competitive. Both HELOCs and non-QM loans are made to order for today’s mortgage market. Equity can be used for any number of purposes, including home improvements.

Mortgage 335

Mortgage Technology Home Improvement Business 335