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These projects boost your curbside appeal and give your home that wow factor that makes buyers bid higher than your asking price. Major kitchen renovation Cost: $154,483 Resale value: $48,913 Percentage recouped: 31.7% Upscale bathroom remodeling Cost: $76,827 Resale value: $28,203 Percentage recouped: 36.7% in costs recouped).
Here, we'll focus primarily on online resale sites like eBay, Poshmark, ThreadUp, Tradesy, Mercari, and OfferUp. The scammer may also ask you to text with them or otherwise communicate away from the resale site. With this scam, a person posts a photo of a box that you assume holds the item you're bidding on or buying.
year to year organically as services revenue was down 8% in line with prior quarter, and resale declined 19%. largely due to disciplined resource management, ongoing actions to optimize our data centers and networks, and the lower mix of resale revenue. The resale element is a relatively small component of the improvement.
Cloud infrastructure and IT outsourcing organic revenue declined 7%, an improvement from double-digit declines we saw in the prior three quarters due to a significant resale transaction delivered in the quarter. Modern Workplace organic revenue declined year to year in the mid-teens impacted by resale revenue, which was down 30%.
While resale revenues performed as expected, down 28% year over year, services revenue declined 8% helped by higher-than-anticipated in-quarter volumes. The lower mix of resale revenue also contributed to the year-to-year margin improvement. Moving to GIS. Profit margin expanded over two points to 7.3%. The book-to-bill ratio was 0.67
People want homes with beautiful, highly functional amenities like kitchens and bathrooms, which means those houses get bid up to higher prices by those willing to wildly overpay, which leaves the more investment-minded among us swearing at the irrational market conditions, or buying ugly fixer-uppers as a compromise.
Tight inventory levels in the resale and new home market propelled demand for available new homes, and we offered a combination of attractive pricing and compelling mortgage rate programs to capture that demand. We can report that there is a great intensity in this team and more focus on innovation than ever before.
And today, it's about taking market share from single families -- single-family market because it's so upside down on a cost to rent perspective and lack of inventory in the resale market. But there's still just a massive bid-ask spread between people who want to buy versus people who want to sell.
It also results in more competitive bidding inventory that we were previously selling, which is again, higher price translates into higher margins. I'd also say that the deployment of ad tech generally allows us to begin to sell inventory that was previously unsold, and so that's a very high incremental margin business for us.
Already, our agents have reported a mostly seasonal resurgence in bidding wars. When you have this much mortgage interest rate volatility and you're guaranteeing people loans for 30 years, you're going to have a long-term problem with resale inventory. At one extreme, a Fremont California listing got 50 offers last week.
In fact, 220 Central Park South, a Vornado Realty development, the resales, after they were bought from the sponsor, we’ve had a resale sell for double what they bought from the sponsor. And that doesn’t happen when mortgage rates double, right? RITHOLTZ: Wow.
laughs] The more these thing is published, the more panic it creates, and it bids that price up and up and up. I don't know that I'm going to pay up for it. The thing is funny. These things feed on themselves. They're like runs on banks. But I tell you, it's a good sauce. I use it on its own and also as ingredient for other sauces.
Deidre interviews ThredUp CEO James Reinhart about resale as a service and the company's plans for growth. I talked to James Reinhart, CEO of ThredUp, about how his company is taking on the world of clothing resale. In the report you noted resale grew five times as much as broader retail clothing. Tim Beyers: Thanks, Deidre.
When you look at the big picture for Tesla, I think that's much more the concern here for most shareholders, which has to do with the resale value of Tesla's plummeting. About 95% of our business was in low bid, heavy highway work. We're hearing stories of panels falling off of cyber trucks.
Overall, we do expect markets to return to a more balanced new home versus resale equilibrium in the future, with some of our submarkets already experiencing increased competition from existing home inventory. That's also going to increase the availability of resale inventory, which will impact a bit, ability to push pricing.
fashion resale player. The take rate bridge on the left shows Etsy Ads as a primary driver of this strength where improved ad relevancy and optimized bidding by giving us the ability to deploy more of sellers' budgets and deliver attractive return on ad spend to sellers in the process. Depop's full-year GMS growth in the U.S.
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