Baby boomers overtake Millennials in buying the most houses

Baby boomers have overtaken millennials as the largest share of homebuyers, making up 42% of all purchases in the past year, according to a report from the National Association of Realtors (NAR). Millennials, who previously led home-buying trends, now account for 29%, down from 38% the previous year
Seattle’s housing shortage exposes a familiar gulf between state, local leaders

Large metro areas across the U.S. are seemingly facing the same obstacle — a shortage of housing inventory that is clashing with rising population levels, which serves to push the cost of living beyond reasonable levels of affordability for many. One area that’s representative of this dynamic is Sea
Brookfield takes controlling stake in Angel Oak

Canadian investment powerhouse Brookfield Asset Management Ltd. has agreed to buy a majority stake in Angel Oak Companies, the holding company for a non-QM lender and investor that manages more than $18 billion in mortgage assets.Brookfield will take a 50.1% stake in Angel Oak, offering its own inve
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