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What Are the Biggest Remodeling Projects Among Would-Be Home Sellers Staying in Place?

Pro Builder

What Are the Biggest Remodeling Projects Among Would-Be Home Sellers Staying in Place? Houzz & Home Study revealed that the number of homeowners renovating for added square footage is on the rise, and remodeling budgets are also on an upswing. Read more Remodeling Sales Market Data + Trends Remodeling The 2023 U.S.

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What Are the Biggest Remodeling Projects Among Would-Be Home Sellers Staying in Place?

Pro Builder

What Are the Biggest Remodeling Projects Among Would-Be Home Sellers Staying in Place? Houzz & Home Study revealed that the number of homeowners renovating for added square footage is on the rise, and remodeling budgets are also rising. Read more Remodeling Sales Market Data + Trends Remodeling The 2023 U.S.

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Along With an Affordability Crisis, Buyers Face an Aging Housing Stock

Pro Builder

Along With an Affordability Crisis, Buyers Face an Aging Housing Stock ldeakins Mon, 02/06/2023 - 10:35 Prospective buyers searching for new homes are instead finding a growing inventory of for-sale properties that are 40 years or older The U.S. The median age of owner-occupied homes in the U.S. New construction added nearly 8.3

Housing 52
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Investors Are Flipping Houses at a Faster Pace, but Profits Are Falling

Pro Builder

Investors Are Flipping Houses at a Faster Pace, but Profits Are Falling. Shrinking supply and elevated costs posed challenges for investors flipping houses at the start of 2022. percent, a 13-year low likely caused by a lack of inventory, The New York Times reports. Remodeling. Thu, 06/30/2022 - 10:38.

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Everyone Wants in on Housing Flipping

Pro Builder

Everyone Wants in on Housing Flipping. One Long Island-based house flipper says now is the best time to be in the business, but finding inventory to rehab is the hard part. Fixer-uppers are fighting over limited stock as the foreclosure moratorium closes off a usually solid stream of inventory. Remodeling.

Housing 52
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Construction Job Openings Fell in February

Pro Builder

Construction Job Openings Fell in February ldeakins Tue, 04/04/2023 - 10:51 As the housing market cools, construction job openings are trending lower, but hiring and recruiting skilled laborers remains a top priority for most construction firms After an elevated 11.2 The construction job openings rate decreased to 4.9% rate in February.

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Waning Buyer Demand Is Taking a Toll on the Fix-And-Flip Market

Pro Builder

Prospective homebuyers aren’t the only ones dealing with elevated housing costs and a dearth of new inventory. The ideal environment for fix-and-flip investors is a market with high demand, low inventory, rapidly rising prices, and affordable financing,” says Rick Sharga, ATTOM’s vice president of market intelligence.