Baby boomers are most active in these housing markets

Baby boomers are a key constituency for the reverse mortgage industry since they are currently the generation with the largest share of the population at or above the age of 62. A recent SmartAsset analysis of 2023 Home Mortgage Disclosure Act (HMDA) pinpointed where boomers are most active within t
Read MoreThe fall housing market could see hotter competition, Zillow says

Lower mortgage rates over the past several months have led to increased affordability for prospective homebuyers, and this could lead to an extra competitive fall 2024 season.That’s according to a Zillow report released Thursday in which the Seattle-based real estate company said that “lower mortgag
Read MoreCompass adds Dallas-area small team in latest Texas expansion

Compass is adding a new team to its Dallas roster. The real estate brokerage announced this week that the B-W Group is joining up and will operate out of its Park Cities office. The group reportedly tallied $56.8 million in sales volume in 2023. It is led by the mother-daughter team of Michele Balad
Read MoreThe average homeowner just gained another $25K in equity

Home equity continued to rise in the second quarter of 2024 as residential properties with mortgages collectively gained $1.3 trillion in equity over the past year. But growth began to slow during these three months, according to the CoreLogic Homeowner Equity Insights report published on Thursday.T
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