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Single women homebuyers are outpacing single men by a 2-to-1 ratio

Housing Wire

When the National Association of Realtors (NAR) first started its Profile of Home Buyers and Sellers in 1981, it found that single women were the second largest demographic in the U.S. housing market , trailing only married couples. That was only seven years after women were legally allowed to obtain a mortgage without a cosigner.

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‘Silver tsunami’ could have a bigger impact on 2024’s housing market: analyst

Housing Wire

And by 2030, the entire baby boomer population or generation will be over 65.” Last October, FHA introduced a proposed seller credit for the H4P program. T]he other major demographic trend you see is the aging of America,” Whitney said. “So So what’s called the silver tsunami is 10,000 people a day turning 65.

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

Housing Wire

Altos considers anything above 30 to be indicative of a sellers market. 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. 18, with a market action index score of 55.77.

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California looks poised to finally pass RON legislation

Housing Wire

The senate bill, introduced by State Senator Anthony Portantino, would allow homebuyers, sellers and borrowers to close their home purchase or refinance transactions remotely. Gavin Newsom of California on Tuesday received a senate bill legalizing remote online notarizations ( RON ). He has until Oct. 14 to act on it.

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Anywhere Real Estate reports $19M in Q2 net income

Housing Wire

to exchange $273 million of the 5.75% senior notes due 2029 and 5.25% senior notes due 2030 it holds for $218 million in new 7.0% second lien secured notes due 2030. “We We think agents for both buyers and sellers create real value for the consumers and there are geographies in the U.S.

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The Retirement Trifecta

Housing Wire

Today it’s dominated by baby boomers who make up 39% of all homebuyers and 52% of all home sellers. The massive age wave is cresting over the next three years, and by 2030 all boomers will have turned 65. The housing market has shifted. Known as “Peak 65”, in 2024 more than 12,000 people per day will turn 65.

Realtors 448
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Opinion: More can be done to shorten the average time to close

Housing Wire

Real estate will look different in 2030, perhaps even in 2024. The title industry has finally put the foundation in place for a modernized workflow. Now, it is focusing on some of the ancillary processes that have historically clogged the production pipeline. Anton Tonev is co-founder and chief revenue officer for InspectHOA.

HOA 488