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Julie Kheyfets on home renovation trends: Demand is approaching 2022 levels

Housing Wire

In this week’s episode of the Top of Mind podcast , host Mike Simonsen is joined by Block Renovation CEO Julie Kheyfets. The duo explore current and upcoming trends in the home renovation market. To start the conversation, Simonsen and Kheyfets dive into what Block Renovation offers to homebuyers.

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Primary suites, kitchens, roofing lead remodel impact report

Housing Wire

Replacing a front door with a new steel model saw a 100% cost recovery rate, while closet renovations (83%) and new fiberglass front doors (80%) also offered significant returns, according to estimates from remodeling professionals. In contrast, the projects with the strongest cost recovery were more modest in scale.

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Remodeling industry could benefit from focus on aging in place

Housing Wire

home remodeling industry report that while market conditions are stalling larger-scale remodeling projects, consumers seeking remodeling work are focused on efforts that could serve to increase home values and to future-proof homes for later life and aging in place. Members of the U.S.

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HUD ramps up discussions about relocating its headquarters

Housing Wire

Citing concerns about renovation needs, associated costs and even ugliness, the U.S. The outlet previously reported that the costs of renovating the aging complex could top $500 million. Department of Housing and Urban Development (HUD) is reportedly ramping up its discussions about relocating its headquarters in Washington, D.C.,

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Renovation loans get pandemic boost as homeowners want home offices

Housing Wire

The Federal Housing Administration’s 203(k) rehabilitation mortgage insurance program is designed for borrowers to renovate when they purchase or refinance. For over 40 years with Section 203(k) of the National Housing Act, FHA has been protecting lenders with fully-insured mortgage loans even as renovations are underway.

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Virtual staging: The best apps for 2025 + mind-blowing AI picks

Housing Wire

AI can create virtually staged images to match any trendy interior design style you can dream up for a small fraction of the price of traditional virtual staging. Our team of agents, brokers and marketing pros thoroughly tested each app to vet their image quality, features, ease of use and pricing.

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To Renovate or Not To Renovate Before You Sell

Keeping Current Matters

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. A normal market has a 6-month supply of houses for sale, but today’s housing inventory sits far below that benchmark. There aren’t enough homes for sale right now. per household.