Baby Boomers

Sales Of Existing Homes Drop Lower In March

60% of Baby Boomers Said Younger Generations Can’t Afford a Home Because They’re Not Trying Hard Enough

A recent survey from Clever Real Estate polled 1,100 boomers and asked them why they believe the younger generation could not afford a home in today's housing market.

Will Silver Tsunami Forecast Come True? 50% of Boomers Never Plan To Sell Their Home, Study Finds

Boomers who said they did not plan to sell their homes cited finances, their mortgage rates, and emotional attachment as reasons for not wanting to list their properties.

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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.

Millenials Not To Blame For Growing Amount of Renters in the US, Study Says

The competition is getting harder nowadays due to the rising number of renters in the country. Although many people believe it's because of growing number of millennials looking to find their new place, it's apparently not!

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.

Baby Boomers Competing with Millenials for Housing

With limited cash to spend, baby boomers choose to rent competing with millenials resulting in high demand and high prices of rentals.

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.

Older Households Have More Debt Than Lower Counterparts – Report

Older households are reportedly carrying in more mortgage debt into retirement than their younger counterparts, according to a latest Census Bureau report.

Top 7 Aging Cities of America (LIST)

Currently, about 12 percent of the world's population is aged 60 years or above. In the United States, more so, about 27 percent of the population will reach 60 years or cross it by 2050. A major demographic in the country is rapidly aging and Forbes has compiled a list of cities that have the most graying population.

Realtor.com’s Map Finds Median Age of Homeowners in Each US State

The age demographic in the housing market has been making a drastic shift. Baby boomers (above 65 years of age) are moving towards retirement, the millennials (18 to 34) are still holding back a property purchase waiting for the economy to stabilize and the future generation has its hopes high about home ownership.

America’s Next Housing Crisis: Sheltering Older Adults

As America is just starting to recover from the 2007-08 housing market crash, another crisis is already looming.