Real estate blog entries tagged with seniors over the age of 62 areholding 33 trillion in home equity by Cherry Creek Mortgage

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Home : Blogs : Rick Kellow FHA & Reverse Mortgage Expert : Rick Kellow FHA & Reverse Mortgage Expert's Blog : Tag "seniors over the age of 62 areholding 33 trillion in home equity"

seniors over the age of 62 areholding 33 trillion in home equity: Seniors over the age of 62 areholding $3.3 trillion in home equity - 11/03/11 11:22 AM

Seniors over the age of 62 areholding $3.3 trillion in home equity Excerpted from RiskSpan, a leading provider of analytical software and advisory services, "Today, seniors over the age of 62 are　holding $3.3 trillion in home equity. Over the next 10-20 years, even with modest to flat home price appreciation, we estimate that value could double due to the aging baby boomer demographic. Our current evaluations of U.S. census data show the population of seniors aged 62 and over is projected to grow from　its current level of 50 million to 83 million by 2030".
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