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🏑 Use a Reverse Mortgage to Pay for Long-Term Care❓ Hoey Team πŸ€ 239RealEstateDeals.Com LLC ☘ Southwest Florida 🌴

A reverse mortgage allows older adults to tap into home equity yet still live in the home.  For unexpected health care expenses, it might be a good idea – or maybe not.NEW YORK –

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πŸ“£ Home Sales Retreat to Pre-Pandemic Levels πŸ“Š Hoey Team πŸ€ 239RealEstateDeals.Com LLC ☘ Southwest Florida 🌴

However, housing prices continue to accelerate, with the national median surpassing $400,000 for the first time. Read more from NAR’s latest report.Home sales are falling from their pandemic

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❓ High Mortgage Rates πŸ“ˆ Not Historically Speaking πŸ“Š Hoey Team πŸ€ 239RealEstateDeals.Com LLC ☘ Southwest Florida 🌴

In the 2010s, mortgage rates averaged only 4.08% – but today’s rates are still a bargain compared to the 1970s (9.03%), the 1980s (12.7%) and the 2000s (6.29%).TAMPA, Florida –

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❓ Is a Recession Ahead? Most Economists Say β€˜No’ πŸ“Š Hoey Team πŸ€ 239RealEstateDeals.Com LLC ☘ Southwest Florida 🌴

Despite inflation, sinking stocks and Fed moves, most economists say consumers – the primary drivers of the economy – are still spending money at a healthy pace.WASHINGTON (AP) –

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