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What will it take to rekindle the senior housing market?

Housing Wire

population shows that by 2030, the 80-plus population is expected to increase by 4 million people to a total of 18.8 More than 560,000 new units are needed to meet all the demand by 2030, but only 191,000 will be added at current development rates, according to data service NIC MAP. The projected aging of the U.S.

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Home Depot Foundation invests $10M to assist veterans with aging in place

Housing Wire

Research also indicates that homelessness among individuals aged 65 and older will reach its peak by 2030, with veterans being disproportionately affected compared to the general population. While veteran homelessness has decreased by 55% over the past decade, it began to rise again in 2023.”

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CFPB Finalizes Personal Financial Data Rights Rule

Appraisal Buzz

and the CFPB will be developing additional rules to address more products, services, and use cases, which are expected to boost competition by giving people more freedom to switch banks or providers and shop around for the best deal. This is the CFPB’s first significant rule to accelerate responsible open banking in the U.S.,

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AARP reveals proposals for national plan on aging

Housing Wire

population , and the trend that will see 20% of all Americans become at least the age of 65 by 2030. While other countries are responding to these changes by developing and implementing national strategic plans to help them meet the challenges and maximize opportunities to increase longevity, the U.S.

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Three in four baby boomers don’t use homebuyer resources

Housing Wire

About 10,000 Americans turn 65 each day and all boomers will reach that milestone by 2030, according to census data. Department of Housing and Urban Development , have become essential for borrowers of all ages as higher interest rates and down payment requirements have eaten into affordability.

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New Hampshire’s hot housing market has the state in crisis mode

Housing Wire

Based on the states estimated population growth, nearly 60,000 additional units of housing are needed between 2020 and 2030, while nearly 90,000 units are needed between 2020 and 2040. This is based on an estimate that some 52,500 households will be added between 2020 and 2030, or roughly 74,400 between 2020 and 2040.

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Table Talks Discuss Challenges of Implementing DEI

Appraisal Buzz

between 2023 and 2030. Organizations across the mortgage industry continue to develop strategies to promote equality, build a broader system of sustainable American homeownership, and leverage the benefits of diverse teams and viewpoints, as aided by groups such as the AMDC. Overall, whites make up 77% of the U.S.

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