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Housing Wire
NOVEMBER 30, 2024
In 2025, it’s estimated that roughly 940,000 residents in the 65-and-over bracket — including 130,000 who are 85 or older —will call the region home. Florida already leads the U.S. in the concentration of older adults living there, with more than 18% of its total population comprised of residents 65 and older.
Housing Wire
MARCH 12, 2025
About half (52%) of survey respondents between the ages of 50 and 64 have credit card debt, but more than one-third of those in the 65-to-74 and 75-and-older brackets also carry balances. Those between the ages of 50 and 64 are more likely to carry credit card balances, as well as those with incomes of $40,000 a year or less.
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Appraisal Buzz
MARCH 4, 2025
For those in this income bracket, severe burdensdefined as spending more than 50% of income on housingalso reached a record high. In 2023, the cost-burden rate for this group reached 74.2%, marking an increase of 5.4 percentage points over the last four years. in 2010 following the Great Recession.
Housing Wire
APRIL 24, 2024
It depends on an individual’s tax bracket and their priorities, but there are several options for higher-net-worth individuals,” Resch said. Steve Resch, vice president of retirement strategies at industry-leading lender Finance of America Reverse (FAR), told Financial Advisor that the utility can vary when it comes to tax savings. “It
Appraisal Buzz
OCTOBER 31, 2024
Commissions Have Risen Slightly for Some Homes Listed While the average buyer’s agent commission has stayed the same since August, there have been slight changes within different price brackets.
Housing Wire
MAY 5, 2021
Industry leaders commented on this stipulation given that a number of borrowers who are in this income bracket likely took out some form of forbearance, and the FHFA has yet to clarify whether forbearance plays a factor in this qualification. The reality is that borrowers who are in this bracket likely have an FHA loan ,” Stevens said.
Appraisal Buzz
JANUARY 28, 2025
When adjusting for cost of living, these 10 areas not only have inexpensive property listings, but they also have reasonably high salaries for those in the prime 2534 age bracket for first-time homebuying. For the median price of a for-sale listing and the typical income of those aged 25 to 34 in those cities, which ranges from 15.2%
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