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Have lower mortgage rates positively impacted the housing demand data yet? Some people have been very disappointed with the data so far, so I wanted to take an in-depth look with this week’s tracker to see what lower rates have done to these key data lines. Let’s look at two…
Continue reading →The reverse mortgage industry’s key performance indicators were split in July, according to data from industry analysts. Home Equity Conversion Mortgage (HECM) endorsements increased by 8% from June to July, with the total of 2,274 falling reasonably in line with Federal Housing Administration (FHA) HECM case numbers. This is according…
Continue reading →“Gray divorce” — referring to the decision of a married couple over the age of 50 to separate — is a growing phenomenon. According to a 2022 study published in the Journals of Gerontology, the rate of divorce among those ages 50 and older has doubled since 1990 and has…
Continue reading →As the portal wars have heated up, Realtor.com’s revenue has cooled off. During the fiscal year fourth quarter Move, Inc., the parent company of Realtor.com, recorded a 2% annual decrease in revenue to $143 million, according to an announcement on Thursday. NewsCorp, the parent company of Move, attributed the decline…
Continue reading →A team from the NH Air National Guard recently built raised beds at the Seacoast YMCA in Portsmouth. (Photo by Allison Bussiere) Gather, an anti-hunger nonprofit organization, has spearheaded the construction of raised garden beds around the Seacoast to provide fresh produce for residents dealing with food insecurity. A recent…
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