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‘Silver tsunami’ could have a bigger impact on 2024’s housing market: analyst

Housing Wire

The “ silver tsunami ” — a colloquialism referring to aging Americans changing their housing arrangements to accommodate aging — could have more of an impact on the housing market this year, according to analyst Meredith Whitney in a conversation with Yahoo Finance. “[T]he And people over 50 are 74% of total U.S. homeowners.

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Opinion: The baby boom wave is cresting

Housing Wire

Peak 65 serves as an historic demographic milestone of the new paradigm shift that is changing every aspect of the housing market , finance, retirement planning process and the fragile supply/demand balance of housing inventory for real estate at large. This sets the stage for the coming Transformational Decade of the 2030s.

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Mortgage companies issue debt. Here’s why that’s a positive sign to the market

Housing Wire

Mortgage companies raising debt in the current high mortgage rates landscape is a sign that market conditions are improving, although a recovery from the downturn may come later than expected, analysts told HousingWire. The remainder will be used for market-growth opportunities. However, things are different this year, Kornfeld said.

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Anywhere Real Estate reports $19M in Q2 net income

Housing Wire

Anywhere Advisors typically targets luxury markets.) to exchange $273 million of the 5.75% senior notes due 2029 and 5.25% senior notes due 2030 it holds for $218 million in new 7.0% second lien secured notes due 2030. “We We don’t the rule is necessary for the market to operate well,” Schneider said. “We

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California looks poised to finally pass RON legislation

Housing Wire

Digital closings could be coming to California , the country’s largest real estate market, within the decade. California is a massive real estate market, the largest in the country, but Kinsel said there’s more to it than just deal volume. “It’s He has until Oct. 14 to act on it.

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Rise in Black homeownership over past decade negligible, data shows

Inman

The trade group is eying 3 million net new Black homeowners by 2030. The National Association of Realtors said increasing the nation's inventory is one solution to address homeownership gap.

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The opportunity cost of modern-day redlining

Housing Wire

Right now, the market is facing a unique alignment of regulatory focus, community need, and opportunity. From 2020 to 2030, the Urban Institute projects 8.5 Taking the first steps into an untapped market may be risky, but the rewards are great. The cost of lost business opportunity is even higher. million net new households.