Senior Market
What the Silver Tsunami Means if You’re Planning To Sell
If you’re following the housing market, you may have heard the term “silver tsunami” lately. It’s the idea that millions of homes owned by older Americans could come onto the market as more homeowners reach retirement age and make their next move. And when you hear a phrase like that, it’s easy to picture a…
Read MoreRenovate or Relocate? What To Know Before You Decide To Age in Place
You’ve spent years making your house feel like home, celebrating milestones, making each room your own, and turning neighbors into friends. As you look ahead to the next chapter of your life, it’s natural to wonder if this is still the place you want to spend it. Whether you’re leaning toward staying in your house…
Read MoreStay or Sell? How To Make the Right Call as You Age
At some point, as you start thinking about the years ahead, this question tends to come up: “Could I stay here long-term… or would it make more sense to move?” It’s not always urgent. It often shows up in small moments, like going up and down the stairs, keeping up with the maintenance, or just…
Read MoreWhen Buying a Home Feels Out of Reach, Some Families Do This Instead
For a lot of people, the math on buying a home just doesn’t really work right now. Maybe that’s how it feels for you too. You look at the cost of buying. Then you look at the cost of childcare. And it starts to feel like you have to choose one or the other. But…
Read MoreThe Hidden Advantage Repeat Buyers Have Right Now
What if you didn’t have a mortgage payment on your next house? It may sound a little unrealistic. But for a number of homeowners, it’s actually doable. Nearly 3 in 10 homes purchased today are bought in cash, according to the National Association of Realtors (NAR). That’s far more than the pre-pandemic norm (see graph…
Read MoreHow Your Equity Could Help Younger Generations Buy a Home
For a lot of parents or grandparents, watching a family member struggle to buy their first home right now is hard. That’s because you saw firsthand how homeownership gave your life more stability and helped grow your net worth – and you want your loved ones to have those same opportunities. But with all the…
Read MoreWhy So Many Homeowners Are Downsizing Right Now
For a growing number of homeowners, retirement isn’t some distant idea anymore. It’s starting to feel very real. According to Realtor.com and the Census, nearly 12,000 people will turn 65 every day for the next two years. And the latest data shows as many as 15% of those older Americans are planning to retire in…
Read MoreYou May Have Enough Equity To Downsize and Buy Your Next House in Cash
Some Highlights Have you been holding off on downsizing? If so, you should know your equity could make your move possible. Homeowners today have so much equity that a record number are buying their next house in all cash. And that has some big benefits like making their offer more appealing, potentially closing faster, and not…
Read MorePlanning to Retire? It Could Be Time To Make a Move.
If you’re thinking about retirement or have already retired this year, you may be planning your next steps. One of your goals could be selling your house and finding a home that more closely fits your needs. Fortunately, you may be in a better position to make a move than you realize. Here are a…
Read MorePlanning To Retire? Your Equity Can Help You Reach Your Goal.
Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life. And you’re not alone. Research from the Retirement Industry Trust Association (RITA) shows 10,000 Baby Boomers reach the typical retirement age (65) every day, and only 47% of the…
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