Cleveland Appraisal Blog

MARCH 25, 2023

Having had our kitchen gutted and remodeled a couple of years ago, I can honestly say that I had not thought about this question before our renovation. Also, if you are planning on doing a complete gut renovation of your kitchen, it is best to go for a larger dumpster, as the amount of debris generated will be significant.

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Supply Chain Renovations Appraisal Market Value 280

Appraisal Buzz

APRIL 11, 2022

Millennials Still Prefer Renovating. Although the Sun Belt has seen impressive growth, the homeowning population as a whole would rather renovate than relocate. Millennial homeowners led the way, with 75% of them renovating between 2020 and 2022. Greater Demand for More Space. Remote work has also impacted homebuying habits.

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Buyers Renovations Supply Chain Housing Market 370

Housing Wire

MAY 8, 2023

Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I My renovated homes are] reducing the number of rental properties , which in our town has become a source of demise.”

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Inventory Renovations Supply Chain Buyers 408

Listing Spark

AUGUST 17, 2023

Continuing supply chain and labor shortages mean 60-day flips may already need an extra month. Also, if you handle your own repairs as a general contractor or work with a small team, you can simply schedule repairs and renovations so everything falls into an orderly timeline.

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Appraisal Buzz

APRIL 8, 2024

For instance, if a property’s appraisal history, including renovations, damages, and previous sales, is stored on a blockchain, future appraisers can access this immutable record to make more informed decisions. From supply chain management to voting systems and healthcare, the applications are vast.

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Technology Appraisal Valuation Supply Chain 418

Housing Wire

APRIL 20, 2022

” Homebuilder confidence in April fell for the fourth consecutive month due to persistent supply chain disruptions and a slowdown in sales traffic. ” Homepoint is also launching jumbo ARMs and considering the possibility of dipping into renovation loans, Pendleton said.

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Supply Chain Construction Renovations Investors 383

Raleigh Realty

JULY 12, 2022

As supply chain issues cause construction material prices to soar, buyers are more likely to consider purchasing a resale home vs. a new construction home. Real estate pricing could continue to increase in 2022 as a result of supply chain and inflation issues. of occupied housing in Raleigh is owner-occupied and 48.5

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Real Estate Supply Chain Construction Home Value 78

Will Springer Realtor

AUGUST 30, 2022

That could run about $31,427 and almost triple that amount for an upscale renovation, according to the same 2022 report. But costs for paint and stains are running as much as 50% higher since January 2021 because of supply-chain shortages. Looking to change out the tub and tile in a full bathroom?

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Supply Chain Renovations Home Improvement Real Estate 36

The Robert Weiler Company

JULY 6, 2021

They have usually been constructed over 20 years ago and require renovation at this point. Class A properties sell themselves, and Class B and C’s can be renovated to cater to a target market. Lower-than-average vacancy rates are also a trait of Class B Industrials. Class C Industrial : Class C Industrials require some work.

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Logistics Tenants Real Estate Modernization 147

Housing Wire

MAY 16, 2022

Specifically, it will support greater securitization of those loans through Ginnie Mae ’s platform, update its guidance allowing manufacturers to modernize and expand their production lines, and help manufacturers respond to supply chain issues.

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Will Springer Realtor

MAY 9, 2023

In many cases, the long lag time to complete projects is no longer from dreaded supply-chain issues. Census data suggest that more than 2M additional homes will reach their “prime remodel” years through 2027 – a time when homes tend to undergo their first major kitchen and bath renovations.

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Real Estate Modernization Construction Supply Chain 36

Appraisal Buzz

SEPTEMBER 26, 2022

In 2021, more than 90% of builders reported backlogs and supply scarcity. COVID-19 caused breakdowns in the supply chain and labor shortages. With less confidence, some homeowners turn to renovations on their current homes. One of the reasons for this is material and project delays. Try Upzoning.

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Construction Supply Chain Buyers Finance 195

Will Springer Realtor

DECEMBER 11, 2022

Construction started in January 2020, just before the pandemic introduced a slew of setbacks for local construction projects – pandemic restrictions, supply-chain disruptions and economic headwinds for buyers. The original home was constructed in 1920, according to county records, with renovations completed in 1982.

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Inventory Construction Supply Chain Buyers 36

Will Springer Realtor

MARCH 14, 2022

The supply chain, already strained, may come under renewed pressure with threats to shipping lines and air travel. Similar fears exist for the energy supply, equity markets, currencies, electric and internet grids, and defense of nations aligned against Russia. The answer is “very likely, yes.”.

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Housing Market Marketing Real Estate Supply Chain 36