...42) An estimated 84% of Gen Xers (ages 43 to 58) Approximately 89% of baby boomers (ages 59 to 77) Men (88%) are much more likely to dream of homeownership...
Read More »Search Results for: Baby boomers
Protecting Properties in Regions With Severe WeatherÂ
...that preparedness increased with age, with 69% of Baby Boomers self reportedly insured and prepared for severe weather events compared to 60% of the Gen Xers and 57% of Millennials....
Read More »Stress and Homebuying Go Hand in Hand
...comes to navigating the overall homebuying process, sentiment varies between generations: Gen Z respondents (81%) and Millennial respondents (71%) were most likely to find the process stressful. Baby Boomers, on...
Read More »Case-Shiller Index Increases Nationally by 1.5% Over March 2023
...appreciation particularly in in-migrating markets where baby bomber homeowners may be retiring to and given that about 50% of baby boomers owning their homes free and clear,” continued Hepp. Bright...
Read More »Home Prices Propped up by Lack of Inventory
...significant magnitude of mortgage rate increases. Housing's performance is a testimony to the strength of demographic-related demand in the face of Baby Boomers aging in place and Gen-Xers locking in...
Read More »Potential Home Savings Driving More Californians to Texas
...to 55-year-olds. Baby boomers and Gen Zers are also joining in, but in much smaller numbers. The millennials who moved to Texas come with a household income of $114,000 per...
Read More »How Homebuyers Can Save by Negotiating a Lower APR, Home Prices
...by: Millennials (ages 27 to 42) — 44% Gen Xers (ages 43 to 58) — 37% Baby boomers (ages 59 to 77) — 31% Homebuyers making between $75,000 and $99,999...
Read More »Baby Boomers Surpass Millennials as Largest Share of Current Homebuyers
...share of homebuyers. From July 2021 to July 2022, 39% of surveyed homebuyers were baby boomers, followed by 28% of millennials and 24% of Gen X. The rise of baby...
Read More »Millennial Homeowners Tapping Into Home Equity
...Gen X, 12% of Gen Z and 2% of baby boomers) Tapping into equity: Homeowners, especially millennials, plan to take advantage of the increasing value of their home Some 21%...
Read More »Changing the Landscape of Housing
...the percentage of homeowners will increase by age and that older, more financially established generations would have higher homeownership rates than young adults just entering the job market. Specifically, baby...
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