...rate for millennials rose to 54.8% from 52%, and the homeownership rate for Gen X rose to 72% from 70.5%. Baby Boomers saw little housing movement (78.8% in 2023 to...

According to a new Redfin report, empty-nest (households headed by baby boomers with 1-2 adults living in the home) baby boomers own nearly 3 in 10 (28.2%) large U.S. homes....

...contribute to the supply, hurdles such as limited options and high prices persist. At least a third of mortgage-free homes are owned by baby boomers, and this percentage is expected...

...online—including homes—but the same cannot be said for baby boomers, as just 60% of boomers pooled would buy a home sight unseen. Millennials polled said they could be convinced to...

...Baby boomers and Millennials represent two enormous generations, and both are very active in the housing market. Baby boomers are hardly exiting the market as they age, a departure from...

...range. More than half of current home purchases are being made by Baby Boomers, which is a direct reflection of who has the capability to purchase housing in the current...

...is undergoing a notable transformation, with many empty-nester baby boomers now contemplating downsizing. Leveraging their accrued equity, older homeowners may gravitate towards smaller starter homes—the very segment that Generation Z...

...worsened the generational homeownership divide. Unlike Baby Boomers who can afford to buy in cash, Millennials and Gen-Z buyers need financing. That’s been harder to get with mortgage rates at...

...sacrifice in order to buy a home. Gen Z (15%) are less likely to give up space than baby boomers (40%). However, Gen Z (24%) would sooner compromise on location,...

...(ages 18 to 26) (48%) Gen Xers (ages 43 to 58) (42%) Baby boomers (ages 59 to 77) (30%) In addition, those with children younger than 18 (55%) are more...