HousingWireHousingWire As more older adults state their desires to age in place in their current homes — and with baby boomers owning as much as half of all U.S. home equity based on different estimates — it’s easy to see the potential impact that such a large cohort has on…
Continue reading →HousingWireHousingWire Britannica, the English-language encyclopedia that has roots as far back as the 1760s, recently highlighted a phrase familiar to the reverse mortgage industry — the “sandwich generation” — in recognition of the growing importance that caregiving for older relatives will have as the global population grows older. Highlighted on…
Continue reading →HousingWireHousingWire The recent Palisades and Eaton fires in Los Angeles have eradicated thousands of residential properties, leaving both physical and financial damage to Southern California’s housing market. Real estate technology company Homes.com analyzed the Pacific Palisades and Altadena neighborhoods in order to quantify the number of homes destroyed and measure…
Continue reading →HousingWireHousingWire Rising mortgage rates that are now above 7% have continued in January. But there may be some improvement on the horizon as newly listed home inventory grew 37.5% from December, according to a Realtor.com report released Thursday — and certain cities and regions are moving much faster than others….
Continue reading →HousingWireHousingWire Back in control of the House of Representatives, the Senate and the White House, Republicans are reportedly aiming to renew their ongoing war against the Consumer Financial Protection Bureau (CFPB) by targeting the money allocated to it by the Federal Reserve, which would effectively reduce the agency’s budget to…
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