Your home is likely among your biggest financial assets. And if you’re entering retirement, it may also be more space (and expense) than you need. Many retirees choose to downsize — selling a larger ...
Older Americans hold $14 trillion in home equity, and 25% of first-time buyers get family help for down payment assistance.
Home equity levels are high these days. In fact, the average homeowner currently has over $300,000 of it, according to a ...
For Americans nearing retirement, these can be stressful times. Prices are rising, interest rates are high and inflation is still not at the level the Federal Reserve has been aiming at for years.
For many retirees, the home they’ve lived in for decades isn’t just a place to live. It’s the single largest asset in their financial portfolio. According to the U.S. Census Bureau (PDF), households ...
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...
Tapping into your home equity is a pretty straightforward way to access cash that might otherwise be hard to come by, and a recent Experian study reveals that more homeowners across generations are ...
What makes rents go down and neighborhood diversity go up? Corporate landlords. But they also make it harder to own for yourself. This comes from the Planet Money newsletter. Subscribe now to get more ...
The new Georgia Works building will serve more than 160 individuals transitioning out of homelessness. (Photo courtesy Community Foundation for Greater Atlanta) This is your first of three free ...
With decades of equity and their children facing a tough housing market, older homeowners are helping their children buy their first homes. Conrad Useldinger and Leslie Sherman explored moving out of ...
Daniel Erb became a corporate landlord kind of by accident. It started in 2020, when he received his first bonus as an investment banker. It was more money than he was used to. He wanted to invest in ...
This comes from the Planet Money newsletter. Subscribe now to get more insights into how our economy works delivered to your inbox each week. Daniel Erb became a corporate landlord kind of by accident ...
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