In this week’s Reverse Focus podcast, there’s no reason to fear a housing bubble, even in certain housing markets across the country that have seen substantial price gains, notes a recent report from CoreLogic. Experts even predict that 2014 will be a “historic reset year” for the housing market.
In a big step for Texas, recently passed legislation allows for lenders to complete reverse mortgage for purchase transactions and several lenders have already begun offering the product to qualifying Texans.
Also discussed, baby boomers say they plan to relocate during retirement now that many of their home values have begun returning and they are able to sell, a recent survey suggests.
Lastly, a partnership between a top reverse mortgage lender and a midwest homebuilder is allowing qualified borrowers to buy into new homes and communities via a reverse mortgage for purchase loan.
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- CoreLogic: Housing bubble fears unfounded
- Reverse mortgage purchase loans begin in Texas
- Boomers plan to move in retirement
- Security One Lending teams with homebuilder
Listen Now. “Reverse Focus is the ultimate resource for reverse mortgage professionals providing the technology, training and marketing to grow your business. We are your one-stop resource for those committed to taking their business to the next level.” Editor’s Note: These posts are sponsored by Reverse Focus.