Remove Design Remove Renovation Remove Sales
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HouseAmp, Renovation Sells seek to streamline the presale process

Housing Wire

What do you get when you combine home renovation specialists with a lender that can provide funds in short order? The new partnership between HouseAmp and Renovation Sells. The technology companies will tether their respective services with the goal of streamlining the process of getting a home ready for sale.

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

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Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle?

Housing Wire

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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The Best Use of Time (and Money) When It Comes to Renovations

Keeping Current Matters

They can help you think through today’s market conditions and how they impact what you should – and shouldn’t – renovate before selling. A more balanced market typically sees a 6-month supply of homes for sale. month supply at the current sales pace , modestly up from May’s 2.5-month Not all renovation projects are equal.

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New construction vs. resale homes: How agents can guide buyers in today’s market

Housing Wire

Census Bureau, the median sale price of a new construction home in March 2024 was $430,700. Compared to the $393,500 median sale price of an existing home during that same period, according to the National Association of Realtors, buyers will pay almost 10% more when purchasing new construction.

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With low inventory, house hunters are in full safari mode

Housing Wire

It boils down to two factors, according to housing-industry experts: a lack of housing inventory , or supply; and high demand for that limited housing stock — which also is fueling a jump in new-home sales. trillion — with sales of new homes rising in dominance. Fannie Mae recently projected originations for 2023 at $1.59

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Amazon announces housing affordability pilot program with National Housing Trust

Housing Wire

Retail giant Amazon announced on Wednesday the launch of a new pilot program designed to assist moderate-income families in three different U.S. The nonprofit NHT will use the funds from Amazon’s program to acquire and build affordable homes for sale in partnership with a network of local organizations in across the three communities.

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