Baby Boomers blamed for housing inventory shortage in new survey



The inventory of homes for sale has fallen to its lowest level in almost twenty years, and now a new survey from Realtor.com suggests is placing the blame for this on baby boomers and homeowners that just don’t want to sell.

When the Time Comes for a Reverse Mortgage



Baby boomers are retiring at a rate of about 10,000 per day (more than 3.5 million a year) and will continue doing so for the next decade. According to a report by the Economic Policy Institute (EPI), the average household

Are you ready for the big baby boomer sell off?



As they enter retirement, the baby boomer generation is set to sell of its homes in vast numbers over the next decade.

Millennials and Baby Boomers the two most Robust Residential Markets



This is becoming a very good time to be in real estate, especially against the backdrop of years not far in the rearview mirror. Most likely, the two most robust residential markets in the foreseeable future are millennials and baby boomers. As a real estate professional, it may be tempting to attempt conquering both of […]

Millenials more likely to tap into their home’s equity



Millenial homeowners in the 30-34 year old age bracket are twice as likely to take out a home equity loan as baby boomers, according to a new survey by the Discover Home Equity Loans organization

How Do Housing Preferences Differ Between Millennials and Baby Boomers?



Millennials are currently entering the housing market as first-time homebuyers in increasing numbers, but their housing preferences are different from previous generations’ preferences

Baby Boomers Continue Changing the Housing Market



Real estate analysts heavily rely on employment numbers to forecast housing demand. While that’s a good start, it’s only one of multiple statistics that should be considered. Alone, it seriously under estimates the true housing demand. Conventional analysis is that millions of people have left the job market because they have been unable to find […]

Millennials Facing Competition from Baby Boomers



There’s an awful lot being written about millennials needs for housing these days, particularly as they outnumber baby boomers. However millennials are facing competition in the real estate market that’s coming from this generation, many of whom have either retired or are on the cusp of retirement. This does mean that people bidding on apartments […]

The Real Estate Market Changes Again



It’s time to question where the national housing market is going. For the past couple of years, it’s moved towards a buyers’ market as unemployment has been reigned in, the stock market has grown, and the economy in general has slowly improved. That all comes into question with the recent dramatic swings of the stock […]

Baby boomers are upsizing, not downsizing, study shows



A recent study by Bank of America Merrill Lynch found that nearly one-third of Baby Boomers and seniors are choosing to buy larger homes in retirement instead of downsizing.

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