Episode Details
Back to EpisodesSenior Home Equity Hits Record $14.9 Trillion
Episode 1745
Published 2 weeks ago
Description
America's senior homeowners are wealthier than ever. According to a new report from the National Reverse Mortgage Lenders Association and Riskspan, homeowners age 62 and older now hold a record $14.92 trillion in home equity. In this episode of Real Estate News for Investors, Kathy Fettke explains what's driving the rebound, why it matters for retirees, and how this growing pool of housing wealth could shape real estate investing and the transfer of wealth to future generations.
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Source: https://www.nrmlaonline.org/about/press-releases/17828