Your Reverse Mortgage Expert
Boomers are pushing millennials out of the housing market as they hit the road for retirement. It’s no secret that baby boomers are vastly wealthier than millennials, but just how much helps explain the state of America’s gerontocratic housing market. While most millennials have now reached the “peak” homebuying age, their parents’ generation is keeping […]
The Median Home Price Is Nearly $18,000 Lower Than a Year Ago Homebuyers who have been waiting for the right price are getting a bit of a break in 2023, according to a new report by Redfin: The median home price for a home in the U.S. is down nearly $18,000 compared to a year ago. Depending on […]
Market crash by 30 percent The S&P 500 will crash 30% by December as spending slumps, profits shrink, and banking problems mount, markets guru Larry McDonald warns He sees less government spending, slimmer corporate profits, and banking pressures as key drivers. The founder of “The Bear Traps Report” touts energy and metals as smart bets […]
After seven straight months of home price declines, here’s what 6 economists and real estate pros say to expect from the housing market this spring. Pros predict what will happen in the housing market this spring. The spring home buying season is upon us — and even ahead of it, we saw home sales rise. […]
The survey — which included 930 American employees and 206 hiring managers — illustrates the number of people returning to work after retirement and outlines the reasons why they’re making these moves. The results also indicate that the majority of those considering a return to the workforce would prefer remote or hybrid positions. “Among those […]
Will US Housing Crash The Economy? Maybe it’s different this time. A slowdown in US construction activity has preceded broader slowdowns in the past. Welcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. Could US Housing Crash The […]
Many Middle-Income Seniors Will Not Be Able to Pay for Long-Term Care and Housing in 10 Years Total Number of Middle-Income Seniors Expected to Grow by 89 Percent by 2033 CHICAGO, August 31, 2022 – By 2033, more than 11 million middle-income seniors aged 75 and older may not be able to pay for assisted living and […]
