...a market—or homes that fall within the 5th to 35th percentile price range. Data also revealed that downsizing baby boomers, second homebuyers, and property investors are in direct competition with...

...health and safety standards. Meanwhile, millennials, who recently overtook baby boomers as the largest generation of adults, are now in their 30s—the prime age for buying a first home. Another...

...degree or higher, compared with 32% of Generation X, and 15% of baby boomers when they were the same age. Millennials also earned their bachelor’s degrees much faster than previous...

...said they would be hesitant to move somewhere at risk of natural disasters, extreme temperatures and/or rising sea levels. That compares with just over half (52%) of Baby Boomers. When...

...rate is likely significantly lower. That’s compared with homeownership rates near 80% for baby boomers and 70% for Gen Xers. Older generations tend to have lower personal inflation rates partly...

...people looking for higher quality-of-life, in any generation. For retiring Baby Boomers looking for an active lifestyle, these cities provide good weather, access to lakes, and other bodies of water,...

...it likely will take quite some time before we find more equilibrium between housing supply and demand. Demographics have shifted with baby boomers reaching retirement and millennials getting married and...

...home prices. This research comes by way of a new study from the Mortgage Bankers Association (MBA) titled “Who Will Buy the Baby Boomers’ Homes When They Leave Them” which...

...the bank compared to Generation X and baby boomers. Twenty percent of respondents have no idea about permit requirements for common home renovations. Seventy-four percent of Americans have some confidence...

...claims process. In addition, the survey provided clues into “how and why consumers want to engage with their insurers.” For example, Baby Boomers indicated they prefer not to hear from...