In a notable shift in the housing market, baby boomers have surpassed millennials as the largest generational group of home buyers, according to the National Association of Realtors (NAR). NAR's 2025 Home Buyers and Sellers Generational Trends report reveals that younger boomers (ages 60-69) and older boomers (ages 70-78) together accounted for 42% of all home buyers in the past year. Meanwhile, the share...
The current reverse mortgage industry market leader, Mutual of Omaha Mortgage, announced on Tuesday that it has launched a new proprietary reverse mortgage product, with initial availability in California and Florida. The product line, known as SecureEquity, is available to homeowners as young as age 55. It offers adjustable- and fixed-rate options with a maximum loan amount of $4 million. This is...
First Multiple Listing Service (FMLS) has signed a five-year agreement with Lone Wolf Technologies to provide transaction management tools to its more than 60,000 members, the organizations announced Tuesday. As part of the partnership, FMLS members will have access to Lone Wolf’s transaction management software, including its Authentisign eSignature solution and the TransactionDesk platform. The...
Donald Trump reportedly wanted his first term as president to be a television show where every day was an episode where he “vanquished his enemies.” If that’s how he views his second term, then April 2 is must-see TV. Wednesday is when Trump says he’ll implement sweeping import tariffs that could impact every aspect of the global economy. There’s edge-of-your-seat suspense in this episode, as...
An alternative home equity-tapping product backed by former executives from a reverse mortgage lender has been rolled out to several additional states, following an earlier move that secured hundreds of millions of dollars in financing. Cornerstone Financing, a venture co-founded by former Reverse Mortgage Funding (RMF) CEO Craig Corn, announced on Tuesday that the company’s specialty home...
Michael Ammann is back with another lawsuit against eXp Realty and parent company eXp World Holdings. Ammann filed his first suit against eXp in December 2024. He accused the firm — along with executives Glenn Sanford, Leo Pareja, Patrick O’Neill and James Bramble, as well as eXp agent Megan Featherston — of engaging in fraudulent practices, conspiracy and negligence. That suit alleges that...
With all the grandeur and sophistication of a classic estate, you’d think this Sarasota mansion has been passed along for a few generations of wealthy Floridians. But the custom-built home is brand new, and has been freshly completed in 2024. Now, it’s being brought to market by Roger Pettingell of Pettingell Professionals, an affiliated agent with the Longboat Key office of Coldwell Banker...
Whether on or off, they’re full of...
Follow the home-buying journeys of three families who, with the help of trusted real estate agents, closed the deal—and got the...
Discover which items should never be plugged into a power strip, among other hazardous mistakes that people frequently...
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