Older Americans now hold as much real estate wealth as middle-aged homeowners, illustrating the widening gaps in homeownership access and long-term home price gains. An analysis from Redfin, based on data from the Federal Reserve Board, found that Americans ages 70 and older controlled roughly 26% of the nation’s $48 trillion in real estate wealth […]

Dozens of innovative companies have sprung up over the past 15 years, each vowing to revolutionize home building.  Many haven’t, don’t, and won’t make it through the “early-stage” gauntlet of A, B, and C series capital raises, where they can pay off their debt, cover their bills and sustainably generate net earnings from their operations. 

Finance of America (FOA) has expanded access to its HomeSafe Second product into Indiana, Ohio and Michigan, giving senior homeowners more options for tapping record levels of home equity without giving up their low post-pandemic mortgage rates, the company announced Tuesday. Reintroduced in 2023 as what the company called the industry’s first second-lien reverse mortgage,