Why Boomers Are Expected To Sell Their Homes in These 5 Cities [Yahoo! Finance]
Federal National Mortgage Association (FNMA)
NASDAQ:AMEX Investor Relations:
fanniemae.com/portal/about-fm/investor-relations/index.html
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Source: Yahoo! Finance
Construction delays and supply chain issues during the pandemic contributed to an already-low home inventory, which Realtor.com noted was a result of “more than a decade of underbuilding relative to population growth,” as previously reported by GOBankingRates.com. Check Out: Housing Market 2024: 50 Most Affordable Cities for Homebuyers Read Next: Become a Real Estate Investor for Just $1K Using This Bezos-Backed Startup Some experts are also blaming Baby Boomers, the generation born between 1946 and 1964, for contributing to the lack of home inventory. Realtor.com economic research analyst Hannah Jones previously told GOBankingRates that more than half of homeowners ages 60+ feel emotionally or financially locked into their home, according to a Fannie Mae survey. However, experts also predict the situation could improve, with 9 million Boomer-owned homes expected to reach the market by 2035. Deemed a “silver tsunami,” when this occurs home prices may fall. And, in fact, Zillow
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FNMA
News
- Fannie Mae Releases August 2024 Monthly SummaryPR Newswire
- 3 Short-Term Government Bond Mutual Funds for Stable Returns [Yahoo! Finance]Yahoo! Finance
- Existing Home Sales on Pace to Hit Nearly 30-Year Low, Despite Recently Lower RatesPR Newswire
- Fannie Mae Prices $708 Million Connecticut Avenue Securities (CAS) REMIC DealPR Newswire
- Fannie Mae Announces the Results of its Thirty-second Reperforming Loan Sale TransactionPR Newswire
FNMA
Sec Filings
- 8/13/24 - Form ABS-15G/A
- 8/13/24 - Form ABS-15G/A
- 8/13/24 - Form ABS-15G/A
- FNMA's page on the SEC website