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Senior Home Equity Remains Greater Than $3 Trillion Despite Renewed Concerns About National Home...

Washington, DC - July 8, 2011 - (RealEstateRama) -- An estimate of senior home equity owned by Americans aged 62 and over stood at $3.2 trillion as of the end of the first quarter in 2011, according to results from the recently released NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI). The index has tracked reverse mortgage market opportunity since 2000 by analyzing and reporting on trends in senior home values and home equity levels.

Recent Gov & Nonprofit Real Estate Press Releases

Council raised awareness of important issues facing residents across the state

The City Council on Tuesday raised much-needed awarenes of important issues facing residents throughout the region and state. The Council presented a proclamation recognizing Wildfire Awareness and Prevention Season, highlighting the importance of preparedness, public education, and regional coordination.