Renovation

With nearly half of homes built before 1980, rising teardowns and limited new construction are driving demand for renovation, construction, and purchase financing

Despite owning fewer homes, millennials are outspending every other generation on maintenance, emergencies, and renovations as high mortgage rates push them to improve rather than relocate

In a $330 million transaction, global real estate services provider adds property preservation specialist to expand its offerings in disaster inspections, maintenance, renovations, and other property-related services

Fixer-uppers remain an entry point for stretched buyers, even as they lose luster as an easy profit play for seasoned investors.

The typical home flipper saw only a 27.5% return on investment

1 in 10 homeowners put the entire cost to remodel on their credit cards

Changes include increase to allowable loan amount, rehabilitation time

Nearly 30% decrease in homes flipped from the year prior, ATTOM reports.

Changes would increase thresholds, completion deadlines