Housing Wire

DECEMBER 9, 2024

The grant funds will be primarily deployed to bolster infrastructure, construction or renovation of community buildings, housing rehabilitation, land acquisition and economic development for the American Indian and Alaska Native populations. Department of Housing and Urban Development (HUD) on Monday announced the disbursement of $72.6

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Housing Wire

JULY 1, 2021

We all love the feeling of a refreshed, renovated home, and being able to enjoy it instills a sense of pride in its owner. That’s partly why people are spending significant time, energy and money on home renovation projects these days. Despite this, there are some renovations that are worth their price tags.

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Housing Wire

FEBRUARY 27, 2025

A well-written property description also allows you to highlight aspects of the home that would not otherwise be readily available via MLS, such as a newly renovated kitchen or a brand-new septic system. Ill teach you how to write a real estate listing description, plus share some creative real estate listing description examples.

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Housing Wire

FEBRUARY 3, 2021

Other design trends for this upcoming year are the minimalist style and the use of a variety of colors. Four renovations to consider before selling your house. One design trend that is coming back is wood and experiencing a revival. The design is often simple and attempts to create a bold statement.

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Housing Wire

JULY 22, 2024

This particular funding opportunity is designed to impact communities with demographic and size variations by setting aside $65 million for CoCs that are “located in states with populations of fewer than 2.5 It is designed to address both the immediate impacts of homelessness as well as risk factors that contribute to it, HUD explained.

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Keeping Current Matters

MARCH 18, 2021

However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal market. Spending costly time and money on renovations before you sell might just mean you’ll miss your key window of opportunity. There aren’t enough homes for sale right now.

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Housing Wire

DECEMBER 20, 2024

The states business-friendly regulations and tax policies have led to rapid population growth in recent years, including an estimated 16,000-person inflow from 2020 to 2022 alone. But as the states population has grown, its housing supply which was already beginning to tighten more than a decade ago has failed to keep pace. Its a big deal.

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Housing Wire

FEBRUARY 6, 2025

Also, DSCR five- to nine-unit loans are designed for larger multi-family homes. Equity solutions Home renovations and debt consolidation are two avenues toward financial prosperity for borrowers. Describing the modern-day mortgage market as challenging would be an understatement, to say the least. Why is that important?

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Housing Wire

FEBRUARY 8, 2022

In 2021, McCormick resold two renovated properties that she originally purchased at foreclosure sale on Auction.com in her hometown of Dayton, Ohio. Most of the renovated foreclosure resales came from local community developers like McCormick who sell a handful of renovated foreclosures a year in communities they care about. “I

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Keeping Current Matters

OCTOBER 13, 2021

Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. If you’re a homeowner who wants to add any of the above, you have two options: renovate your current house or buy a home that already has the spaces you desire. The difference in the cost of a renovation versus a purchase.

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Keeping Current Matters

AUGUST 12, 2021

They can help you think through today’s market conditions and how they impact what you should – and shouldn’t – renovate before selling. If you’re a seller trying to decide whether or not to renovate, this is especially important because it’s indicative of buyer behavior. Not all renovation projects are equal. Bottom Line.

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HomeLight

OCTOBER 15, 2024

If you’re considering a home renovation , you’ve got company. In 2023, 51% of homeowners spent $25,000 or more on home renovations, with most of the renovations done on kitchens, bathrooms, heating and cooling systems, and outdoor security. Renovating? Input Address Who’s on your renovation dream team?

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Housing Wire

MAY 22, 2024

One profiled couple in California hired an interior designer for $20,000, and spent another $95,000 on home modifications designed to more easily accommodate natural limitations to mobility that come from aging. homes combine single-floor living with no-step entry, and halls and doorways wide enough for wheelchairs,” the story said.

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Fancy Pants Homes

NOVEMBER 7, 2024

A two-story home in Hollywood Hills East, close to ritzy Los Feliz, recently landed on the market following a stellar renovation that upgraded its timeless architectural style for modern-day living. million renovation using Tim Campbell Studios for the architectural design.” Like Fancy Pants Homes’ content?

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Housing Wire

NOVEMBER 14, 2023

Baby boomers and millennials have dominated the home-buying conversation in recent decades, but a new generation of homeowners is browsing online listings, heading to open houses and planning their home-buying budget. Gen Z — born between 1997 and 2012 — is making waves in the market with their approach to homebuying.

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Housing Wire

SEPTEMBER 27, 2024

To that end, the department hosted a virtual event this week that was designed to spread awareness of these grant programs, as well as other types of assistance that could ease daily life for older veterans and those suffering from mobility issues. and Mike Braun (R-Ind.) — introduced a bill in July designed to make it easier for U.S.

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Housing Wire

JUNE 5, 2024

Department of Housing and Urban Development (HUD) this week announced the launch of a new program designed to allow for the purchase, refinance or renovation of manufactured housing under a loan program sponsored by the Federal Housing Administration (FHA).

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Loans Finance Renovation Equity 529

AAOA

MARCH 4, 2025

In today’s market, the kitchen and bathroom design, look, and feel are major contributors and factors in renting and buying decisions. With more and more renters turning to class B and C properties , its never been more important for property owners and managers to stand out from the competition and keep vacancies to a minimum.

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Housing Wire

MARCH 7, 2024

In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional homes; and cost reductions for renters. This would act as an equivalent to reducing the mortgage rate by more than 1.5%

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Housing Wire

OCTOBER 15, 2024

This can range from features such as more enormous closets, kitchens, and bathrooms to designated home offices or family spaces. Can renovate over time: Most resale homes are immediately inhabitable, which means owners can renovate or make upgrades gradually, as their budget allows, while still living in the house.

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Housing Wire

JULY 23, 2024

The plan prioritizes accessible housing principles through both construction and renovation under age-friendly standards, citing a need illustrated by a Harvard University Joint Center for Housing Studies (JCHS) report detailing how only 1% of U.S. “Importantly, aging itself is not a challenge; being unprepared for aging is.”

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Housing Wire

JANUARY 4, 2024

Department of Housing and Urban Development (HUD) has shown that it’s paying attention to the emerging housing needs of an older population by creating programs that allow for age-minded home renovations. HUD issued $15 million grants in mid-2022 and early 2023 designed to help with health and safety home repairs for low-income seniors. “By

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Lighter Side of Real Estate

JANUARY 22, 2025

When it comes to home design, trends come and go faster than you can say “shiplap.” ” Every year, articles flood the internet with predictions from design experts and real estate professionals about whats in and whats out. Welcome to the world of real estatewhere no single design choice pleases everyone.

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Inman

SEPTEMBER 23, 2024

The "Marketing Center" is designed to explain the appeal of pre-renovations to consumers using campaigns that include print and digital messaging as well as case studies from closed sales.

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Housing Wire

SEPTEMBER 24, 2021

The company has created a new vertical of loans and an entirely new LOS designed just for borrowers looking to purchase a home and renovate it to put back on the market. It’s no secret that housing is in short supply. According to Realtor.com , the country is a whopping 5.24 million homes short. And total active listings?

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Housing Wire

JANUARY 20, 2021

Across the country, local zoning ordinances have consistently been designed to inhibit the development of medium and high density-housing. As the U.S. rushes to inoculate the current global health crisis, the real estate and mortgage finance industries are facing their second wave of significant industry headwinds in little over a decade.

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Housing Wire

JULY 5, 2024

The Mortgage Bankers Association (MBA) this week detailed its reasons for opposing a bill in the state of Florida designed “to expand projects eligible for residential Property Assessed Clean Energy ( PACE ) financing,” which was recently signed into law by Gov. Ron DeSantis.

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Housing Wire

FEBRUARY 21, 2024

Regarding other initiatives, Gordon said the FHA is “also hoping soon to put out our servicing defect taxonomy ” and, in the near future, will be releasing a mortgagee letter for the 203(k) renovation loan program. Since March 2020, lenders and servicers have provided borrowers with nearly 1.9 million COVID-19 loss-mitigation actions.

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Principal Loans Mortgages Renovation 459

Housing Wire

MARCH 18, 2022

Mangus then worked to build the dedicated reverse mortgage department at his new company from scratch and has found a notable degree of success by building Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business through the use of continuing education (CE) classes designed for licensed real estate agents. Curtis Mangus.

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Housing Wire

JANUARY 9, 2024

Heading into 2024, there are continuing and emerging financing options, grant programs and legislation all designed to help homeowners and builders create much-needed infill housing. These will help on the margin, but we still need smart lenders to help create even more robust financing options for ADUs.

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Housing Wire

NOVEMBER 30, 2023

There are two versions: the standard, which includes structural repairs and requires an approved consultant, and the limited version, which is focused on minor renovation and repair and does not require a consultant. In high-cost areas, however, it can go up to $75,000. The deadline to comment on the proposals is Jan. 5, 2024.

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Fancy Pants Homes

MARCH 27, 2025

A renovated mid-century modern home with designer interiors, a detached casita, and a vibrant backyard (with a pool) is up for grabs in Rancho Mirage, California. Inside Suzanne Somers beloved 28-acre Palm Springs retreat F1 Champion Jenson Button and his designer wife renovate and list Palm Springs home for $2.3

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Housing Wire

JANUARY 20, 2023

Many are in need of significant repairs but are owned by mom-and-pop operators without the capital necessary to carry out critically needed renovations. Rents increased only nominally over the following nine years, commensurate with the cost of the work to renovate the community – and still very affordable. Congress can help.

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Housing Wire

APRIL 1, 2024

This is in addition to a lack of necessary renovations in seniors’ existing homes, which are designed to make aging in place easier to accomplish for longer periods of time. “In the fourth quarter of 2023 the average rate was at 85.1% in the 31 largest U.S. markets,” according to the data reported by the Journal.

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Housing Wire

JULY 6, 2023

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. Fannie Mae recently projected originations for 2023 at $1.59 That compares to a record $4.4

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Renovation Sales Investor Mortgages 488

Housing Wire

DECEMBER 5, 2024

In June, HUD announced the launch of a new program designed to allow for the purchase, refinance or renovation of manufactured home communities under an FHA-sponsored loan program. The study from LendingTree found that the average price of a new manufactured home sold in the U.S. increased by 58.34% between 2018 and 2023.

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Housing Wire

OCTOBER 20, 2023

Design a photo with the testimonial included, then use the caption to express gratitude for the review. With its potential to reach new clients and gain tremendous ROI, social media has become one of the most effective marketing tools for businesses big and small.

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