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Only 1 in 10 seniors or baby boomers can afford assisted living, forcing them to stay in their homes with high mortgage rates ...
Over the past two decades, the median homeowner tenure has jumped from 6.5 years to 11.8 years. That has reduced housing ...
Among them: residential construction has fallen short of the needs of a growing population for over a decade, making housing scarcer and pricier. In 1984, when a Baby Boomer might have been ...
One generation is nearing retirement, while one is already there. How they approach this important life transition is very ...
That's weighing on the housing market by holding back inventory, according to top Wall Street analyst Meredith Whitney. Baby boomers are dragging on the housing market because most can't afford to ...
The post Baby Boomers and Gen X Are Flocking to the Hottest Housing Markets appeared first on Real Estate News & Insights | ...
Read: Why is housing so expensive? There simply aren't enough homes. In 1984, when a Baby Boomer might have been roughly the same age Brandi Ross is now, the median-priced home cost $78,200.
Buying a first home is often seen as a rite of passage toward an adult life in America, but it's harder for young people now, recent data confirms.
While baby boomers are collectively sitting on $75 trillion in wealth, that's not distributed evenly, meaning many can't afford to move out and instead must stay in their homes. That's weighing on the ...
In the 12 months ending in mid-2024, Baby Boomers made up ... including by conducting housing counseling trainings. The recent disparity between Boomers and millennials feels “bleak,” she ...
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