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 iteration of the National Reverse Mortgage Lenders Association (NRMLA) and RiskSpan’s Reverse Mortgage Market Index and covers homeowners 62-years-old and over. Currently, …
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Source: DS News