TITLE

Boom Times

PUB. DATE
July 2007
SOURCE
National Mortgage News;7/23/2007, Vol. 31 Issue 42, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Editorial
ABSTRACT
The article reflects on the growth of reverse mortgages in Florida. He cites that reverse mortgages are increasing in the state even as existing home sales and condo sales show double-digit percentage declines. He predicts that the state will be the destination for retirement of the baby-boom generation. In addition, he stresses that consumers can benefit from reverse mortgages by giving them cash flow derived from the equity in their homes.
ACCESSION #
25939293

 

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