A Shifting Gridlock in Residential Home Sales
Interest Rates, More Production Key to Unsticking Market
Interest Rates, More Production Key to Unsticking Market
Older adults are more likely to see their mortgage applications rejected compared to applicants in other age groups, according to recent research, but the rejections might not point to lender discrimination.
The National Association of Realtors reports that 18 percent of homebuyers between the ages of 41 and 65 bought a multi-generational home, which could house adult siblings, adult children, parents or grandparents under the same roof.
Over the next 20 years, 27.4 percent of the nation’s owner-occupied homes will come on the market as current owners die or otherwise vacate their homes. Are you prepared to capitalize on this growing trend?
Homeowners who lose their homes to wildfire, flood, tornado or another national disaster often lose the records needed to prove their losses – for tax purposes, obtaining federal assistance or reimbursement from their insurance companies.