...note in TransUnion’s debt report is the overall balance share of Millennials, which has now surpassed that of Baby Boomers. Only Generation X holds higher balances. The average per-consumer balance...

...million are baby boomers. Top 10 Metros with Largest Share of Millennials Living in Multigenerational Households: Los Angeles (35%) Riverside, CA (35%) New York (28%) Baltimore (27%) Buffalo, NY (26%)...

...been more evenly distributed in subsequent years. There are also demographic and generational shifts to consider. For instance, Baby boomers represent 32% of homeowners, and over 80% have said they...

...than folks living in the Northeast (44%). Baby Boomers (54%) and Gen X (52%) are more likely to agree than their Millennial (44%) and Gen Z (41%) counterparts. Those making...

...price, and just 29% put down 20% or more. Older mortgage holders are more likely to pony up for their down payment, with 40% of these baby boomers putting down...

...”However, the generation behind the millennials, Generation Z, is smaller in size and will likely require fewer housing units. Over the next decade, as baby boomers age out of homeownership,...

...were young adults’ ability to buy a home (63%), young adults’ view of homeownership (38%), and baby boomers retiring from real estate (27%). “Due to tight inventory, the outlook among...

...Gen Xers and 79% of baby boomers. In addition, about 40% of the younger generations that want to get into a house are taking up second jobs to achieve their...

...sweat equity before moving further up the housing ladder, often in response to an expanding family or another significant life event. However, Baby Boomers’ desire to age in place and...

...Generation X dropped 0.7% to $13.4 trillion, and the value of homes owned by Baby Boomers was flat, at $18 trillion. Click here to see the report in its entirety....