How two LOs helped champion proprietary reverse mortgage legislation in Tennessee
Summary
Tennessee will soon allow private-label reverse mortgages, offering senior homeowners more financial options. This change allows for greater flexibility and loan amounts compared to the federal HECM program. Hosts in areas like Nashville, Knoxville, Memphis and Chattanooga will benefit from the potential for higher loan amounts, addressing rising home prices.
Related Videos
More from Pricing & Profitability
The short-term rental market is stabilizing, with demand leveling off while pricing drives revenue. Key Data's Q2 2026 report indicates RevPAR is up 8% YOY in April, showing pricing discipline. Shorter booking windows and platform advantages, with Airbnb gaining market share, are also changing traveler behavior, influencing pricing and distribution.
PulteGroup, a major homebuilder, is shifting towards a build-to-order (BTO) model and active adult sales to boost profit margins. Average sales prices are down, and incentives are up, impacting margins. Florida and the Midwest are performing well, especially for move-up and active adult buyers during a solid spring selling season.
Meritage Homes' Q1 2026 earnings highlight challenges in the housing market, with falling orders, revenue, and margins. The builder's response involves increased incentives and a focus on move-in ready homes. Despite headwinds, Meritage aims to maintain its affordable home strategy through operational discipline and realtor engagement, even when balancing velocity with margin.
Curated by Learn STR by GoStudioM