Many homeowners have a death grip on their properties with no plans to sell

Rising home prices and mortgage rates are keeping the lock-in effect alive during the early days of the 2025 housing market. Despite increased levels of for-sale inventory, a significant share of homeowners are content to stay put in their homes for the long haul.This finding comes from a report rel

The ‘silver tsunami’ wealth transfer will mostly stay in the family

The nation’s demographics continue to trend older while home prices experienced a run-up during the pandemic. That means most members of the baby boomer generation are sitting on as much as $17 trillion in home equity as of the second quarter of 2024, and they are largely planning to keep that wealt

North Carolina governor, HUD leadership to announce new Hurricane Helene recovery initiatives

The U.S. Department of Housing and Urban Development (HUD) and North Carolina’s new governor are poised to announce fresh recovery efforts following the devastation wrought by Hurricane Helene across the state in the fall.Josh Stein (D), who was elected in November and succeeds term-limited Democrat