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Senior Housing Wealth Hits Record High of $7.54 Trillion

Homeowners aged 62 and older saw their collective housing wealth increase in Q1 2020 by 1.6% compared to the previous quarter. This constitutes an increase of approximately $120 billion to a record of $7.54 trillion. Read more…

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7 Client Behaviors Emerging From COVID-19

As the effects of the pandemic continue, nine in 10 REALTORS® say their housing markets are in recovery mode, with many even saying their markets are hotter now than a year ago, recent member surveys from the National Association of REALTORS® show. “The delayed spring market is definitely occurring now in the summer months,” says […]

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Increase Your Buyers’ Purchasing Power

Are you a builder or real estate professional with senior clients eager to move out of their current homes and into new ones — if only they could do it in such a way that they didn’t have to exhaust all or most of their home sale profits or retirement savings? If you have clients […]

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New Home Sales Rebound in August

Sales of newly-constructed homes in the U.S. increased 7.1% on a monthly basis in August to a seasonally-adjusted annual rate of 713,000, the government reported Wednesday. Read more…

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Zillow Partners With Builders

Zillow on Thursday announced partnerships with 11 home building companies across the country to help home sellers move into their new construction home without the hassle and stress of selling their existing home traditionally by using Zillow Offers. Read more…

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55+ Housing Market Still Going Strong

As more Baby Boomers look not just to downsize but to “rightsize” in their retirement years, the 55+ housing market is humming along nicely, showing solid activity despite the faltering state of the overall market. Keep reading…

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Zip Codes: Sharp Increases in Baby Boomers

Baby Boomers are on the move, and it’s not just to the warmer Southern states. While the South continues to appeal to this age group, Boomers also are moving westward, notably to cities like Las Vegas and Phoenix. Keep reading…

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Home-Price Growth Expected in Year Ahead

Home prices have been appreciating rapidly since the housing market’s recovery, but they’ve stepped off the fast track in recent months, displaying a notable slowdown in appreciation. Learn more…

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Win Clients and Close Deals: Baby Boomers and the Silent Generation

Baby Boomers (age 53-71) are often in transition. Younger Boomers frequently move due to job relocation, while older Boomers are often preparing for retirement. Many Boomers have older children who are either leaving the nest or “boomeranging” back after college. And they are often at the point where their elderly parents need more attention and […]

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NRMLA Releases “Homebuilder Toolkit”

The National Reverse Mortgage Lenders Association (NRMLA) released two free toolkits today for real estate agents and homebuilders who work with older homebuyers. The guides explain a mortgage financing option specifically for buyers aged 62 and older called “HECM for Purchase.” The Home Equity Conversion Mortgage for Purchase is a federally insured reverse mortgage that […]

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