Senior citizens are in a great position in the real estate market at the moment as the latest research shows that their housing wealth grew $396.1 billion to $10.1 trillion during the third quarter of 2021, largely mirroring the meteoric growth seen by the market as a whole. The data for this comes from the latest ...
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Home Equity Among Retirees
According to a study by the National Reverse Mortgage Lenders Association, housing equity for homeowners aged 62 and older increased by $149 billion between Q3 2017 and Q4 2017, hitting a massive total of $6.6 trillion. The National Reverse Mortgage ...
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