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How to write creative real estate listing descriptions + examples

Housing Wire

While the key statistics about a property will be available to buyers in the real estate listing description, residential buyers tend to shop with their emotions. Go in an order that makes sense, such as: headline, first-floor features, second-floor features, basement, overall design (hardwood floors, etc), garage, yard and location.

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Older Americans are ‘splurging’ on home modifications to support aging in place

Housing Wire

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. This means that renovations of existing homes are likely to become more necessary as time goes on.

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MBA sees risk in new Florida law that gives first-lien priority to PACE loans

Housing Wire

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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What AVMs can and can’t do in the appraisal process

Housing Wire

AVMs do not account for upgrades or renovations. Sometimes properties have increased in value due to recent upgrades or renovations. AVMs are mathematical models combined with data that are built and designed by human beings. James Dawkins is a certified residential underwriter at Cardinal Financial. So, what can AVMs do?

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$20M Waterfront Miami house with direct access to Biscayne Bay is “a boater’s dream”

Fancy Pants Homes

Baked into the price: a highly desirable waterfront location, bragging rights to living in one of Miami’s most exclusive gated communities, an endless list of high-end amenities, and the finest finishes and design touches money can buy. Sweetening the deal is a private dock and 85 feet of water frontage.

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With low inventory, house hunters are in full safari mode

Housing Wire

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. Where might added inventory come from, if the bulk of existing homeowners continue to remain on the sidelines?

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Finance of America to acquire Parkside’s wholesale biz

Housing Wire

The acquisition of Parkside’s wholesale business comes roughly one month after Finance of America’s acquisition of Renovate America’s Benji business , an expansion into the home improvement lending space. Similarly, New Residential Investment Corp.

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