December home sales slump to close out worst year since 1995

December home sales slump to close out worst year since 1995

A delivery man delivers packages in a Los Angeles neighborhood on January 17, 2024.  Frederic J. Brown | AFP | Getty Images Sales of previously owned homes fell 1% in December compared... Read more »
December home sales slump to close out worst year since 1995

January homebuilder sentiment improves, following mortgage rate drop

A home is constructed at a housing development on June 21, 2023 in Lemont, Illinois. Scott Olson | Getty Images Homebuilder sentiment improved in January, jumping 7 points to 44 on the... Read more »
Reverse mortgages can help with long-term care, but knowledge is key

Reverse mortgages can help with long-term care, but knowledge is key

A reverse mortgage may be a viable financial instrument to help pay for older Americans’ long-term care priorities, but they — and their implications on entitlement eligibility — need to be fully... Read more »
How Laguna Beach, California, is helping residents age in place

How Laguna Beach, California, is helping residents age in place

Laguna Beach, California Luciano Lejtman | Moment | Getty Images When most people think of Laguna Beach, California, they think of its scenic coves and beaches. But the small coastal city —... Read more »
High housing costs have kept 31% of Gen Z adults living at home

High housing costs have kept 31% of Gen Z adults living at home

These days, housing affordability is a struggle for nearly everyone. But for young adults just starting out, soaring home prices and sky-high rents have become one of the greatest obstacles to making it... Read more »
December home sales slump to close out worst year since 1995

Mortgage demand jumps nearly 10% to start the year, even as interest rates tick up again

A “For Sale” outside a house in Hercules, California, US, on Tuesday, May 31, 2022. Homebuyers are facing a worsening affordability situation with mortgage rates hovering around the highest levels in more... Read more »
Reverse mortgages can help with long-term care, but knowledge is key

Reverse mortgages could be a long-term care option: Kiplinger

Among the numerous issues that retirement preparation can present to those near the end of their careers, long-term care (LTC) provides an increasingly common discussion point. One potential product that could assist... Read more »
Reverse mortgages can help with long-term care, but knowledge is key

CBO projects FHA to lose $7 billion in 2024 receipts; budget cuts could impact reverse mortgages

The Federal Housing Administration (FHA) faces a potential loss of roughly $7 billion in receipts in 2024, and a failure by Congress to come to terms on certain spending agreements could force... Read more »
December home sales slump to close out worst year since 1995

November pending home sales unchanged, despite lower mortgage rates

Pending home sales in November were unchanged compared with October and 5.2% lower than November of last year, according to the National Association of Realtors. The reading, which is based on signed... Read more »
Zillow buys a mortgage lender and the stock tanks

Zillow buys a mortgage lender and the stock tanks

Zillow is the site people visit to see how much their home (or their neighbor’s) is worth. But the company is not content only serving real estate voyeurs. It wants a bigger... Read more »