EP938: Housing Market Finds Its Footing, Finance of America Expands, and Home Equity Comes Under the Spotlight

America’s housing market is entering a new phase. This week, Realtor.com reported the largest annual decline in asking prices since it began tracking the data in 2017. But is this the beginning of a downturn—or simply a return to a more balanced housing market? In this week’s HECM World Weekly, Gabrielle Hayen breaks down the biggest housing, home equity and reverse mortgage stories shaping the industry, including: Housing asking prices post their biggest annual decline on record Why the market may actually be becoming healthier Luxury housing continues to outperform the broader market The latest developments surrounding the 21st Century ROAD to Housing Act Finance of America expands its reverse mortgage business through the acquisition of Onity’s servicing portfolio June’s Top 100 Retail HECM Lenders Report and Finance of America’s return to the number one spot Why Hometap’s growing legal challenges could have broader implications for the home equity market As always, we go beyond the headlines to explain what these developments mean for reverse mortgage professionals, older homeowners, and the future of housing wealth in America. If you enjoy the episode, please subscribe, like and share to help us continue bringing independent news and insights to the reverse mortgage industry.