Tag: Housing Supply
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A “Silver Tide” of Boomers Will Pass Their Deeds Along — And It’s Rolling
Freddie Mac is planning for nine million baby boomers to let their homes go — gradually. Freddie Mac’s recent analysis predicts just 300,000 boomer-owned homes will be released to the market this year. Larger numbers will follow, though, increasing year by year. Freddie Mac’s report shows the silver tide has begun to roll. Expect the…
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Can’t Wait to Move. (If Only We Could Pack Up Our Low Mortgage Rate and Take It With Us!)
Some people wish they could move, but hesitate to sell their current homes. They might be thinking: “I’d gladly sell my home right now, if only I could shift the remaining 25 years of my 4%-interest mortgage to the next house I buy! (Oh, well.)” “Giving up our 3% rate and getting a new mortgage…
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Time for a Move? Sellers Are Perking Up.
Home sellers are back. It’s an important sign of confidence in the U.S. housing market. Fannie Mae keeps tabs on people’s feelings (“sentiment”) about the market. And people are feeling better about it — if they happen to be potential sellers. Two-thirds of the people surveyed told Fannie Mae this is a good time to…
