New listings have peaked for 2024: It’s the second-lowest year on record

One of my critical forecasts for 2024 was the growth of new listings data and active inventory, even with higher mortgage rates. However, the new listings data has slightly disappointed me. Many of my CNBC interviews, starting from late last year and just last week, have been on this theme, and new
Read MoreSelling your home to a family member in 5 easy steps

If handled correctly, selling your home to a family member can be a good way to help a loved one save money on a home and build wealth. However, an off-market transaction between family members requires careful planning and transparent communication to avoid misunderstandings and ensure a seamless p
Read MoreFOA reverse stock split goes into effect, appears to have intended impact

Coinciding with the effective date for a previously announced reverse stock split, the price for shares of leading reverse mortgage lender Finance of America (FOA) stood well above the minimum threshold the New York Stock Exchange (NYSE) requires to maintain trading activity.As of the close of tradi
Read MoreSenate Aging Committee leaders introduce bill on aging in place

The bipartisan duo that leads the U.S. Senate Special Committee on Aging — Sens. Bob Casey, D-Penn., and Mike Braun, R-Ind. — introduced a bill this week that is designed to make it easier for U.S. seniors to qualify for the Program of All-Inclusive Care for the Elderly (PACE) program.The program, w
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