According to NRMLA, senior home equity rebounded in the second quarter of 2023, as housing wealth for U.S. homeowners aged 62 years and older rose by $820 billion in Q2.
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Senior Housing Wealth Gains $520B in Q1
Senior homeowners, defined as those aged over 62-years-old, saw their housing wealth grow by an average of 4.91%, roughly equating $520 billion, during the first quarter of 2022 ...
Read More »Senior Home Equity Surpasses Record-High $10.6 Trillion
According to the latest quarterly release of the NRMLA/RiskSpan Reverse Mortgage Market Index, homeowners 62 years and older saw their housing wealth grow by nearly 4% —or $405 ...
Read More »Senior Home Wealth Grew by Billions in Q3
In the third quarter of 2021, senior citizens collectively gained $396.1 billion in equity, a 3.7% rise.
Read More »Senior Home Wealth Increases 3.7% in Q2
The increase in older homeowners' wealth was mainly driven by an estimated 3.4% or $381 billion increase in home values.
Read More »Senior Housing Wealth Surpasses Record $8 Trillion Mark
Housing wealth for Americans 62 and older continues to rise and set records as found by a new report.
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