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Janet Kane named interim CEO at Cape Fear Realtors

Housing Wire

Wilmington, North Carolina -based Cape Fear Realtors has appointed an interim CEO. Janet Kane will take the helm at the 3,500-member strong Realtor association starting on Jan. Kane most recently served as the CEO of the 26,000-member MetroTex Association of Realtors in Dallas. Her last day at Cape Fear Realtors is Dec.

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Top markets for affordable renovated housing inventory

Housing Wire

from a year ago to $356,700, according to the National Association of Realtors. Renovated Inventory to the Rescue. After renovation , these homes sold for 28% below the average sales price of all existing home sales nationwide, according to an Auction.com analysis of nearly 100,000 homes that sold on its platform between 2018 and 2020.

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What to Know About Home Renovations in 2023

Lamacchia Realty

WHAT TO KNOW ABOUT HOME RENOVATIONS IN 2023 In recent years, the world has undergone a multitude of changes, and the home renovation industry is no different. Factors such as supply chain disruptions, project delays, and increasing costs have greatly impacted both new construction and ongoing renovation projects.

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How top LOs plan to beat the odds in 2023

Housing Wire

Temporary rate buydowns that lower mortgage rates during the initial period will be products LOs will be pushing for, as well as diversification of mortgage products that include renovation products or construction loans. Instead, they’ll be seeking to renovate their homes.”. He hit a record $2.47 Rates would average 5.2%

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Purchasing a Home That Requires Renovations and Repairs

Lamacchia Realty

Because of this, many buyers going through the home buying process are becoming more open to a house that needs renovations. Purchasing a home that requires renovations and repairs might seem overwhelming, but with these tips, the process of purchasing a fixer-upper and making those first repairs is much more manageable.

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Biden makes case for housing proposals in Las Vegas speech

Housing Wire

You’re investing more in building and renovating an affordable home than almost any other […] state in the country. In addition, last week the National Association of Realtors agreed for the first time that Americans can negotiate lower commissions when they buy or sell their home.” At this, the audience in attendance applauded.

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Amazon announces housing affordability pilot program with National Housing Trust

Housing Wire

Amazon cites data from the National Association of Realtors (NAR) attributing affordability challenges to the “combination of rising interest rates and increasing home prices” in a majority of U.S. the Douglass Community Land Trust in Washington, D.C. and The Housing Fund serving Nashville. metropolitan areas.