The National Association of Realtors (NAR) recently announced that existing homes sales edged up in December 2013 and sales for all of 2013 were the highest since 2006. The national median existing home price for all of 2013 was $197,100, which is 11.5 percent above the 2012 median of $176,800. The continual increase in home sales should continue to drive home prices and home equity across the nation. Click on the link to read the entire article from NAR: http://www.realtor.org/news-releases/2014/01/december-existing-home-sales-rise-2013-strongest-in-seven-years
The increase in home equity will allow more and more senior homeowners to qualify for a reverse mortgage and obtain more assets to help fund their retirement. We expect to see an increase in reverse mortgage activity this year with more seniors inquiring about the program. Let us provide you with valuable information on reverse mortgages to help you analyze your retirement options. Visit: www.reversemortgagebenefit.com to learn more.
Yours Truly,
ReverseMortgageBenefit.com
www.reversemortgagebenefit.com
info@reversemortgagebenefit.com
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