The American dream is synonymous with two ideas. One is the idea that anyone in this country can find a path to economic success regardless of their circumstances at birth. The second idea is the symbolic encapsulation of the first idea: homeownership. Owning a home is the signifier of economic success, but over the last…
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Wong Kok Hoi of APS Asset Management, a China-focused Singapore hedge fund, believes investor sentiment in China is at its most bearish in two decades, and the ‘conditions are in place’ for a multi-year rally.
As the reverse mortgage industry prepares to say goodbye to the tumultuous year that is 2024, positive news for the Federal Housing Administration (FHA)’s Home Equity Conversion Mortgage (HECM) program — which backs most of the country’s reverse mortgages — helps give a sense of overall health for the program despite some of the business…
In total, real estate technology entrepreneurs landed $15.1 billion in funds for their ideas on how to improve the industry, according to CRETI’s 2024 Proptech Venture Capital Analysis.