Will the Housing Market Turn Around This Year? Today, many people are asking themselves if they should buy or sell a home in 2020. Some have shifted their plans or put them on hold over the past couple of months, and understandably so. Everyone seems to be wondering if the market is going to change,…
We expect the recent notable decline in home sales due to the Coronavirus to bring a halt to the steady rise in the homeownership rate, which we saw happening before the Coronavirus began impacting the housing market. Nationally, we expect new and existing home sales will both drop by around 50% between the first and…
If you are a homeowner age 62 or older and have paid off your mortgage or paid down a considerable amount, and are currently living in the home, you may participate in Home Equity Conversion Mortgage (HECM) program insured by FHA. The HECM is FHA’s reverse mortgage program that enables you to withdraw a portion…
