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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.

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Laguna Beach, Calif. features its own city-supported aging-in-place program

Housing Wire

Data from Genworth Financial indicates that roughly 70% of the 10,000 baby boomers who will turn 65 every day until 2030 will require long-term care at some point in their later lives, CNBC reported.

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Rise in Black homeownership over past decade negligible, data shows

Inman

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

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Anywhere Real Estate reports $19M in Q2 net income

Housing Wire

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

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Black Americans still face massive housing barriers

Housing Wire

. “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. The agency says the groups have pledged to create 3 million more Black homeowners by the decade’s end.

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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.

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

Housing Wire

Real estate will look different in 2030, perhaps even in 2024. The title industry has finally put the foundation in place for a modernized workflow. Now, it is focusing on some of the ancillary processes that have historically clogged the production pipeline. Anton Tonev is co-founder and chief revenue officer for InspectHOA.

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