As Rates Drop Owners Expected To Tap Home Equity, But Will They?
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As Rates Drop Owners Expected To Tap Home Equity, But Will They?

By ERIN FLYNN JAY Further rate cuts by the Federal Reserve could spur a resurgence in home equity withdrawals. The November ICE Mortgage Monitor Report shows that at the end of Q3 2024, U.S. mortgage holders held $17.2 trillion in equity, of which $11.2 trillion is ‘tappable.’ That means it can be borrowed against with…

With Fall On The Way, Realtors Remain Realistic
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With Fall On The Way, Realtors Remain Realistic

By ERIN FLYNN JAY As fall approaches real estate professionals are taking a pragmatic approach as they wait for buyers and sellers to gain more confidence. Gary Mintz, a realtor with Berkshire Hathaway HomeServices Fox & Roach in Philadelphia, said business was at best okay for the first half of 2024. “I am ‘hopeful’ that I…

Senior Housing Falling Short Of Expected Demand As Baby Boomers Age
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Senior Housing Falling Short Of Expected Demand As Baby Boomers Age

By ERIN FLYNN JAY More older adults are living in senior housing and the supply of units for elderly Americans is not keeping up with expected demand, according to leaders at a national company specializing in these services. Seniorly, which has an online directory of senior living communities and partners with local advisors, recently released…

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