Housing Wire

MAY 8, 2023

A key source of affordable housing inventory was cut in half over the last three years, resulting from well-intended but heavy-handed efforts to keep delinquent borrowers in homes. That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction.

Inventory 371

Inventory Renovations Supply Chain Buyers 371

Chicagoland Appraisal Blog

APRIL 3, 2020

Last year was a tough market, and the only properties that were moving were the ones that were renovated,” she says. When the market is soft, buyers want the properties that are finished and ready to go.”. Sebring is seeing a surge in industrial-style sinks and vanities in Chicago bathroom renovations.

Real Estate Agent 78

Real Estate Agent Architecture Modernization Buyers 78

Will Springer Realtor

AUGUST 9, 2021

POTENTIAL TAX SAVINGS. Skyrocketing property values in our area have their downsides. Owners face higher annual property taxes, and many are reporting difficulty paying, particularly older residents on fixed incomes. The county’s Assessors Office issues its updated property assessments between now and November.

Construction 36

Construction Inventory Property Taxes Development 36

Will Springer Realtor

MAY 9, 2023

They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. such renovations to these homes (between 20 and 39 years old), with about 200,000 of those projects running north of $25K each. of shoreline.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36