Housing Wire

JANUARY 9, 2025

In a challenging and expensive housing market , some prospective homebuyers may compromise on certain standards and features to secure their purchase. Bright MLS’s market intelligence data spans across Delaware, Maryland, New Jersey, Pennsylvania, Virginia, West Virginia and the District of Columbia.

MLS 418

MLS Renovation Finance Marketing 418

Housing Wire

SEPTEMBER 23, 2020

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.

Renovation 544

Renovation Loans Lending Finance 544

Housing Wire

AUGUST 19, 2024

According to public record tax assessor data, all four are now also owner-occupied “I’m trying to establish our community again,” Morgan said, noting the extensive renovations he does before reselling the homes to retail buyers. Daren Blomquist is VP of market economics at Auction.com. I can’t just be a part of that problem.

Renovation 476

Renovation Development Investor Finance 476

Housing Wire

JANUARY 23, 2024

Fifty-five percent of surveyed baby boomers plan to remain in their existing homes as they age, but less than a quarter of those surveyed have any plans to renovate their homes to more safely and easily accommodate natural changes that come with aging. The housing market is caught in a generational tug-of-war.

Renovation 523

Renovation Development As-is Industrial 523

Housing Wire

JANUARY 27, 2025

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.

Industrial 390

Industrial Renovation Design As-is 390

Housing Wire

OCTOBER 24, 2024

Helping the seller understand the true market value of the home given the condition can also be a challenge. After-repair value is the estimated market value of a property in fully repaired condition. These scenarios are not like vanilla deals,” Sandoval said. They are the most jigsaw-puzzle-coming-to-life kind of deals.”

Bankruptcy 448

Bankruptcy Equity Hard money loan Finance 448

Housing Wire

JANUARY 30, 2025

Tom Davis: When you’re working with a professional and you want expertise, you’re going to want to work with someone who is the expert in your market. Davis: Either you take market share or someone takes yours, right? Why do you think brokers should work with a specialist instead of a multi-product lender?

New Construction 306

New Construction Construction Marketing Investor 306

Housing Wire

NOVEMBER 22, 2024

As low inventory levels, elevated mortgage rates and rising home prices keep the housing industry stagnant, short-term real estate investors — aka fix-and-flippers — faced market turmoil during the third quarter of 2024. An index score above 50 indicates market expansion, while a score below 50 indicates contraction. ”

Investor 432

Investor Mortgages Renovation Loans 432

Housing Wire

APRIL 4, 2025

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.,

Renovation 357

Renovation Land Construction Development 357

Housing Wire

DECEMBER 17, 2024

The rule applies existing protections for residential mortgages to borrowers who seek PACE loans to upgrade or renovate their homes through clean energy technology. PACE loans which are often used to finance environmentally minded renovations, like the addition of solar panels have led to financial instability for some borrowers.

Loans 396

Loans Mortgages Finance Lending 396

Housing Wire

MARCH 5, 2025

More renovations? “But you still have a buyer’s market. While most of Shank’s book of business is tied to VA loans, he says he’s seeing an uptick in renovation loans across FHA and VA channels. So now that rates are dropping, a renovation loan will be in the 7% range.

Loan Officer 291

Loan Officer Loans VA loan FHA loan 291

Housing Wire

JANUARY 22, 2025

The company’s management portfolio will reportedly rise to 230,000 units across 50 markets. Evernest already offers services including brokerage , maintenance, renovation, insurance and lending. Evernest and Poplar have each achieved national recognition on the Inc. 5000 list in the past.

Property Management 394

Property Management Investor Lending Renovation 394

Housing Wire

JANUARY 27, 2025

If so, here’s how to return back to our roots and navigate an ever changing market. The key is to offer valuewhether through listing alerts, personalized market reports, or consistent follow-ups. Professionals should also leverage technology to give clients the best experience for the biggest decision of their lives.

Technology 397

Technology Renovation Agents Industrial 397

Housing Wire

JUNE 24, 2024

The Seattle area is a hot housing market. But a nonprofit organization in the Seattle area is seeking to help more seniors renovate their homes to age safely. According to Zillow , the average home price in the Emerald City is currently $884,828 , up 4.3% year over year.

Renovation 394

Renovation Construction As-is Mortgages 394

Inman

APRIL 1, 2025

Revive has used its findings in the presale renovation space to produce an extensive white paper that dedicates its pages to proving the value of updating a home before selling it.

Renovation 151

Renovation Agents Equity Sales 151

Housing Wire

MARCH 6, 2025

He bought it from an outside landlord who didnt have the local market knowledge or presence needed for property management. Like Richards, most Auction.com buyers are local community developers who have a deep knowledge of the markets and submarkets where they are buying. Additionally, three of them are on the same street.

Renovation 359

Renovation Investor Property Management Development 359

Housing Wire

DECEMBER 9, 2024

And more than one-third of respondents (36%) said they cannot afford to make accessibility renovations on their home to better support their preferences. The five worst cities for aging in place based on the same metrics correlate with some of the most expensive markets in the country.

Renovation 370

Renovation Closing As-is Marketing 370

Housing Wire

OCTOBER 31, 2024

FOA President Kristen Sieffert said the product allows the company to address gaps in the existing HELOC and traditional home equity loan market.

Mortgages 434

Mortgages Equity Loan Officer Loans 434

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. Use a comparative market analysis to ensure you price the property right. Your goal: use the description to sell the property.

Renovation 377

Renovation Agents MLS Equity 377

Housing Wire

OCTOBER 15, 2024

With high prices and still stiff competition, those looking to buy a home in today’s real estate market need to consider every opportunity, including the choice between new construction or a resale home. Renovating to modernize can add to the long-term cost of a resale home. Both options have their advantages and drawbacks.

New Construction 488

New Construction Construction Agents Marketing 488

Brownstoner

NOVEMBER 8, 2024

A former home to dairy workers on the Wilderstein estate, this Rhinebeck tenant house has been extensively renovated in recent years, resulting in a home with modern amenities wrapped in a charming Hudson Valley cottage exterior. Million appeared first on Brownstoner.

Renovation 105

Renovation Marketing 105

Housing Wire

JULY 22, 2024

Department of Housing and Urban Development (HUD) on Monday announced a new $175 million notice of funding opportunity (NOFO) under its Continuum of Care (CoC) program, which will go toward the development of new rental housing units with “supportive services for people experiencing homelessness ,” the department explained.

Construction 470

Construction Renovation Principal Development 470

Housing Wire

MARCH 20, 2025

Conversely, a handful of smaller markets saw an uptick in flipping activity. The top market for FHA buyer activity was Merced, California, where 38.3% So, they will have to do some very smart buying and quick renovating to keep the profit rebound going. Cedar Rapids, Iowa, led the way with a 49.6%

FHA loan 323

FHA loan Investor Finance Renovation 323

Housing Wire

NOVEMBER 13, 2024

Making small accessibility improvements or renovations in the home can sometimes be the difference between remaining housed or becoming displaced, according to Erin Izen, executive director of the Home Depot Foundation. Home Depot’s recent earnings report could give context to its moves in the housing market.

Technology 370

Technology Renovation Construction Development 370

Housing Wire

MAY 21, 2024

In a supply-constrained housing market , even landing a deal at foreclosure auction has become challenging, but those deals tend to be more readily available in markets or neighborhoods that are off the beaten path. It’s very, very market dependent right now. I’m still focusing on those markets with very low (retail) inventory.

Marketing 476

Marketing Investor Renovation Land 476

Housing Wire

APRIL 21, 2022

Institutional real estate investors — often mammoth operators with ties to Wall Street — gobbled up record amounts of inventory in almost every corner of the pandemic-induced fever dream that was the 2021 housing market, with one notable exception: distressed properties sold at foreclosure auction. Renovating Right.

Investor 418

Investor Marketing Renovation Sales 418

Housing Wire

NOVEMBER 25, 2020

Many real estate investors were serendipitously ahead of this shift even before the pandemic started, driven by both affordability and an affinity for overlooked markets. Currently I’m in some of the Southern markets like Alabama, Mississippi, Texas, Indianapolis, Ohio. See sidebar for more details on these markets.

Investor 545

Investor Marketing Renovation New Construction 545

Housing Wire

DECEMBER 2, 2020

Construction is starting to pick up, so that should help alleviate things in the housing market. Four renovations to consider before selling your house. Worries about finding a replacement home in a hot housing market. Should homeowners get off the sidelines of this housing market? But existing homes?

Marketing 488

Marketing Renovation Construction Mortgages 488

Housing Wire

FEBRUARY 21, 2023

High-volume home sellers are in a bit of a pickle in today’s market thanks to rapidly rising mortgage rates last year. These are market-based decisions.” Kearney’s simple strategy for surviving as a high-volume seller in an environment where demand has dried up: listen to the market and do what it says.

Marketing 397

Marketing Renovation Sales Investor 397

Housing Wire

JULY 21, 2022

Retail housing market data from June showing early signs of a real estate slowdown was foreshadowed three months earlier in buyer behavior at foreclosure auctions. The retail housing market data, released by Redfin at the end of June, shows the median asking price for newly listed homes for sale in the four weeks ending June 26 dropped 1.5%

Marketing 435

Marketing Investor Renovation Sales 435

Housing Wire

APRIL 24, 2025

On the flip side, when rates jump, some buyers pause, hoping for better timing or more clarity on where the market is heading.” “Florida’s market, for example, has five out of the top 10 self-employed cities in the United States. So that’s putting a pause in certain markets.”

Investor 339

Investor Loan Officer Mortgages Loans 339

Housing Wire

JULY 23, 2021

Competition for home buyers is tougher than ever right now, as tightened housing stock supply continues to plague the housing market. Using a 3-month bank statement program, borrowers who would not otherwise qualify due to lost or nontraditional income may be able to buy a new home and place their own on the market. Jumbo products.

Marketing 459

Marketing Banks Lending Loans 459

Housing Wire

NOVEMBER 8, 2023

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. “The largest, undisrupted market in the U.S.,” ” reads an Opendoor Technology Inc. For the same period this year, the company has 4,007.

Marketing 448

Marketing Investor Sales Renovation 448

Housing Wire

JUNE 28, 2023

Roughly 80% of real estate investors surveyed are selling single-family homes at or above asking price after fully renovating the properties to make them habitable, according to a report from real estate marketplace New Western. Other notable markets that grew in the same period included popular Sunbelt investor havens Atlanta and Dallas.

Investor 397

Investor Marketing Renovation Residential 397

Housing Wire

JANUARY 14, 2025

Professional home flippers focus on cities and neighborhoods that have housing demand, and where there is positive energy around renovating or repositioning outdated housing stock. Knowing which properties to pursue is key, or there may be some difficulty finding a buyer when the renovation process is completed.

Marketing 397

Marketing Investor Renovation Industrial 397

Housing Wire

DECEMBER 15, 2024

Investor profits ramped down during the same time frame and now stand at roughly half of the mid-50% market peak in 2016. The next six months should speak more to that, especially amid an ongoing tight housing market that should work in their favor. Profit margins only cleared 50% in one-third of these markets in Q3 2024.

Investor 370

Investor Marketing Renovation Sales 370

Housing Wire

FEBRUARY 6, 2025

Describing the modern-day mortgage market as challenging would be an understatement, to say the least. The average rate throughout 2024 for 30-year fixed mortgages was 6.72% higher than it was during the 2008 market crash. It reflects another pressing issue of imbalanced supply and demand in the housing market.

Loans 315

Loans Mortgages Equity Construction 315