The so-called “silver tsunami” — referring to some kind of “rush” of older people into certain places, out of the workforce or to their housing stock, depending on who you talk to — is likely to have serious economic ramifications with negative potential, or a lot of upside potential due to the ways in which…
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A “blank check” special purpose acquisition company (SPAC) affiliated with asset manager Rithm Capital has filed paperwork with the Securities and Exchange Commission (SEC) to raise $200 million for an acquisition in the financial services and real estate sectors. “We intend to target companies in the financial services and real estate sectors where our management…
The long-term cost of a home loan remains above 7%, but the trendline is moving in a positive direction for consumers and lenders even after the Federal Reserve paused its rate-cutting cycle last week. Data at HousingWire’s Mortgage Rates Center shows that rates for 30-year conforming loans averaged 7.10% on Tuesday, down 4 basis points…
In a new episode of the Top of Mind podcast, host Mike Simonsen sits down with Orphe Divounguy, senior economist at Zillow. They explore forecasts for the 2025 housing market, key macroeconomic trends to monitor, solutions to the housing affordability crisis and more. This conversation has been summarized and edited for length and clarity. To…