Survey: 92% of seniors want to age in place

The vast majority of seniors – 92% – said in a recent poll they’d prefer to “age in place” in their current residence, rather than sell up and move to some sort of assisted living facility, opting for in-home dementia care and home health care services instead. That somewhat unsurprising finding came from the American

Read More »

EquiFi CEO David Shapiro On Scoring Funding from Palisades Group

EquiFi CEO David Shapiro talks with RBN about partnering with Palisades Group, and what innovative financing can mean for the industry.

Compare Your Home Equity Borrowing Options

Your home equity is the difference between what you owe on your mortgage(s) and what your home is currently worth if you sold it today (the appraised value). For instance, if the remaining balance on your mortgage is $195,000 and the market value is $295,000, you have $100,000 of equity in your home. Your equity

Read More »

Rapid home equity growth calms foreclosure crisis fears

As government backed foreclosure moratoriums edge closer to expiration, the number of borrowers who’re still under some kind of bailout program is declining fast. But the future is not as bleak as some may have feared for those who’re still in trouble. Data from Black Knight shows there were 1.618 million American borrowers still in

Read More »

Cash-out refinancing hits highest level since 2008

So-called cash-out refinances are surging in popularity, hitting heights that haven’t been seen in over a decade, since the Great Recession of the 2000s. Economists say they’re not concerned by the trend though, as the housing market is still going strong and home prices are rising. During the Great Recession, cash-out refis grew at a

Read More »

Ask Brian: What Should I Do When Selling My Home with Little Equity?

Ask Brian is a weekly column by Real Estate Expert Brian Kline. If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to [email protected] Question from Gil in OK: Hello Brian. I’m in big trouble. Right now, I’m more than a month behind on my mortgage

Read More »

U.S. Home Equity Trends are Revealing

Have you ever wondered how many people in the U.S. own their own homes? More specifically, what is the average amount of equity people have in the homes they own? A glance at the U.S. statistics for home ownership rates and related data can be a real eye-opener. Where Do You Fit in the Following

Read More »

Homeowners saw big equity gains in 2018

Homeowners saw yet another increase in home equity in the fourth quarter of 2018, with rising home prices helping to boost their profits. According to CoreLogic’s latest Home Equity Report published last week, U.S. homeowners with a mortgage saw equity gains of 8.1 percent year over year. The average homeowner saw gains of $9,000 in

Read More »

Homeowners believe renovations are the best reason to tap home equity

With home prices on the rise in most parts of the country, homeowners are sitting on top of record amounts of home equity. But with most homeowners showing a reluctance to tap into that wealth, Bankrate.com says its latest survey shows plenty of reasons why it might be worth taking out a loan to unlock

Read More »

Generation X homeowners recover most equity since last recession

Baby boomers and millennials usually grab most of the headlines as the biggest movers and shakers in real estate, but Generation X’ers, the generation

RealtyBizNews: Real Estate Marketing & Beyond