Tag: baby boomers
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A “Silver Tide” of Boomers Will Pass Their Deeds Along — And It’s Rolling
Freddie Mac is planning for nine million baby boomers to let their homes go — gradually. Freddie Mac’s recent analysis predicts just 300,000 boomer-owned homes will be released to the market this year. Larger numbers will follow, though, increasing year by year. Freddie Mac’s report shows the silver tide has begun to roll. Expect the…
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A New Generation of Renovators? Boomer Sellers Are Putting Younger Buyers to Work.
Some interesting findings came out this year: Leaf Home, a company focused on accessibility and upgrades, together with market researchers at Morning Consult, warn of a looming burden for younger generations. Our aging U.S. housing stock will depend on buyers to carry out repairs. The silver lining for these put-upon home buyers? At least fixer-upper…