Tag: Baby Boomers

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'Over 70% of Baby Boomers Have No Plans of Selling Their Homes Anytime Soon: Redfin

A separate survey also found that empty-nest baby boomers own 28% of three-bedroom-plus homes in the US.

'Are Baby Boomers To Blame For The Messed Up Home Buying Market?

Baby boomers are reportedly being blamed for the slim chance of buying a home for the growing family. Experts were saying that this age group's homes must be downsized.

'Millennials or Boomers: Builders Face Dilemma of Who to Build For

House builders are facing a tough problem in terms of their target buyers. Baby boomers arguably have more money to spend especially on luxury real estate but millenials have overtaken them in number of home purchases in the United States.
EDITOR'S PICKS
  • 'Are Baby Boomers Causing Shortage in Real Estate Inventory?
    Economists now argue that baby boomers - the people who rocked at Woodstock and were active in campus protests - who used to take out mortgages and buy lots of real estate are not downsizing fast enough and aren't putting their houses for sale as earlier generations did. As they refuse to move, it contributes to inventory shortages and an increase in prices, Chicago Tribune reports.
    By Staff Reporter
  • 'Retiring Out of the Suburbs to the City? Think Again
    Suburban Baby Boomers are facing a downsizing dilemma and thinking of retiring to the cities. However, this decision may not be a rewarding plan as it seems as properties in the city are costly.
    By Candy
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