builders and product manufacturers have come up with to help seniors “age in place.” they may have also made it difficult for would-be homebuyers, causing a lack of housing inventory.New advances in information technology may be the culprit, as well as accessibility to better healthcare and education, with the report crediting those advancements as “boosting and extending” housing demand among seniors. The result? The current senior generation has become much slower in transitioning out of homeownership than prior generations. Reverse Mortgage is another retirement tool being used to keep seniors in their home.
Roxy Redenbaugh, Broker
Sr Mortgage Consultant
Residential and Commercial
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