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The Retirement Trifecta

Housing Wire

The massive age wave is cresting over the next three years, and by 2030 all boomers will have turned 65. The expensive and limited housing inventory today has created a scarcity mentality, that has Realtors struggling to provide appropriate housing for an aging population. We need inspired home-building that includes universal design.

Realtors 374
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Three in four baby boomers don’t use homebuyer resources

Housing Wire

About 10,000 Americans turn 65 each day and all boomers will reach that milestone by 2030, according to census data. That year, they accounted for 39% of all buyers, according to the National Association of Realtors , pushing millennials out of the top spot for the first time since 2014.

Tools 437
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Black Americans still face massive housing barriers

Housing Wire

Nationwide, Redfin reported that 16% of Black Americans who apply for mortgages are rejected, compared with 7% of white Americans. “Black people who succeed in buying a home have to be Superman or Superwoman,” said Bryan Greene, vice president of policy advocacy for the National Association of Realtors.

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Anywhere Real Estate reports $19M in Q2 net income

Housing Wire

To reach this goal, Schneider said the firm is integrating its brokerage and title operations, which the firm hopes will lead to higher attach rates in its mortgage and title operations. 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%

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Opinion: More can be done to shorten the average time to close

Housing Wire

Then, they think about the mortgage : a good rate, good monthly payments, and approval. For numerous reasons, the curative department of a title firm likely doesn’t have the technology to procure things like a satisfaction of mortgage or release. Real estate will look different in 2030, perhaps even in 2024.

HOA 426
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Opinion: More should be done to shorten the average time to close

Housing Wire

For numerous reasons, the curative department of a title firm likely doesn’t have the technology to procure things like a satisfaction of mortgage or release. Real estate will look different in 2030, perhaps even in 2024. Take the wide-ranging requirement for addressing clouds on the title. Anton Tonev is the cofounder of InspectHOA.

HOA 408
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High Financing Hurdles Lead to Low Housing Activity in Seattle/King County

Will Springer Realtor

The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. We’re just trapped in this equilibrium of low inventory, house prices not coming down, high mortgage rates and current owners who have a strong incentive to just sort of stay where they are and wait this out.” There are 7.4%

Finance 68