...boomers would sell their single-family homes in order to move into multi-unit buildings. He believes that this shift away from single-family homes is unlikely for two reasons: baby boomers are...
Read More »Search Results for: Baby boomers
Will Aging Baby Boomers Downsize from Single-Family Homes?
Baby Boomers, as a focus of study for their effect on the housing market, have been an underserved population, according to a blog post written by Trulia's Jed Kolko. He...
Read More »Survey: Mortgage Insurance Costs Negatively Impacts Homeowners
...have needed MI, while less than a quarter—23 percent—of Baby Boomers have needed it. Millennials were also more likely to say insurance requirements impacted their homebuying decisions, with 30 percent...
Read More »2014 Home Sales Depend on Strong Job Market
...by 2.5 percent, which is well above consumer price inflation. Also, according to Freddie, about 40 percent of this drop-off was driven by baby boomers who have retired between December...
Read More »Millennials Grab Greatest Market Share of Home Purchases
...“Given that Millennials are the largest generation in history after the baby boomers, it means there is a potential for strong underlying demand,” Yun said. “Moreover, their aspiration and the...
Read More »‘Boomerang’ Buyers Expected to Boost Recovery in the New Year
...environment where natural housing advancement has been largely disrupted." College graduates are laden with student debt and limited employment options, while baby boomers are aging. Maddux continues: "There are literally...
Read More »‘Extraordinary Stimulus’ Needed to Lift Consumer Spirits
...employment. Curtin does concede that a portion of the declining labor force is the result of retiring baby boomers. The Brookings Institute says half the decline can be attributed to...
Read More »Survey: Younger Buyers More Likely to Consider Foreclosed Homes
...64 percent for buyers aged 67 to 87. ""The sheer size of the Millennial generation, the largest in history after baby boomers, is expected to give a powerful boost to...
Read More »Florida Cities Top List of ‘Hot Spots’ for Retiring, Investing
...the next 15 years as baby boomers retire in greater numbers,"" said Daren Blomquist, VP at RealtyTrac. ""The baby boomer generation started retiring in 2011, a trend that will continue...
Read More »Commentary: We’re Forever Seeing Bubbles
...prices--which had been trending up for four years--led to a sharp uptick in construction wholly unsupported by demographics. Baby boomers were aging, transforming home buyers into sellers, and there weren't...
Read More »