article 1

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…

Read More
article 1

Tracking Boomers Who Move Near Grandchildren

A quarter of baby boomers, the generation born between 1946 and 1964, will use retirement as an excuse to move closer to their grandchildren, according to Meyers Research. Some are even willing to move across state lines. Learn more…

Read More
article 1

Existing Home Sales on the Rise

In May, existing home sales rose for the first time since March, according to the latest report from the National Association of Realtors. Total existing home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – climbed 2.5% from April to a seasonally adjusted rate of 5.34 million in May. Sales were 1.1% below May 2018’s rate. Keep […]

Read More
article 1

Zip Codes that Hold the Most Home Equity

More than a quarter of mortgaged properties in the U.S. were rich with equity in the first quarter of 2019. This is down just one half a percent from the previous quarter, ATTOM Data Solutions revealed in its latest Home Equity & Underwater Report. It’s also slightly less than the percentage of equity levels seen one […]

Read More
article 1

The 55+ Housing Market is Booming

According to the latest from the National Association of Home Builders, builder confidence in the 55+ market reached 76 in the first quarter of 2019 – up six points from the previous quarter and the highest score since the index started more than a decade ago. Keep reading…

Read More
article 1

5 Actionable Tips on Building a Real Estate Personal Brand

I got into the mortgage business in 2008, possibly the worst year for the financial markets. I was armed with three people in my sphere of influence and $1,900 in capital. Five years later, I was named among the top 200 loan officers in the country. While most successes can’t be attributed to just one […]

Read More
article 1

Another Sign the Housing Market now Favors Homebuyers

As the housing market continues to slow, it’s becoming more evident that the nation’s homebuyers are benefiting from the cool down. In fact, according to a recent report from Redfin, the share of winning offers written by Redfin agents that included a sale contingency climbed to 7.1% in February. February not only marks a five-month […]

Read More
article 1

The most and least expensive places to live in America

America’s big coastal cities are really expensive. The Bureau of Economic Analysis recently released data on personal income and the cost of living in 2016 for metropolitan and nonmetropolitan parts of states, including the relative cost of living in different parts of the country. Regional price parity is an index that sets the national average cost of […]

Read More
article 1

NRMLA Releases “Toolkit for Real Estate Agents”

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 […]

Read More
article 1

Who uses a reverse mortgage to purchase a house?

It’s safe to say that many people know that a reverse mortgage is a loan that can be used by a older homeowner who wants to extract the equity in their house. But what many people don’t know is that there is a type of reverse mortgage that can be used to purchasea house. And while […]

Read More