The state of US homeownership: Younger buyers hold the key

Today, the Census Bureau reported the homeownership rate at 65.7%. Are we becoming a renter nation like many people are saying? Let’s look at the data.Household formationLet’s first talk about household formation. I have a simple model (even more appropriate before Valentine’s Day). My American hous

Altos founder Mike Simonsen on housing market trends and growth predictions

In this week’s episode of the RealTrending podcast, host Tracey Velt is joined by Altos Research founder and president Mike Simonsen to discuss expectations for the housing market and the impact of the Trump administration’s policies.This conversation has been edited for length and clarity. To start

New York bill would require reverse mortgage lenders to strengthen consumer disclosures

A bill introduced in January to the New York state Senate is seeking to bolster the disclosures that reverse mortgage lenders make to potential clients in an effort to broaden their understanding of the product, as well as the obligations that a borrower assumes when engaging with the industry. This