...more space was noted as the top driver (64%) for demand among these cohorts. Increased competition among homebuyers is causing affordability challenges for baby boomers interested in downsizing or relocating....
Read More »Search Results for: baby boomers
March Brings Double-Digit Home Price Increases
...embracing life in suburbs and smaller cities, while Gen Xers need homes that can accommodate caring for college kids and aging parents, and Baby Boomers are looking for retirement homes....
Read More »Employment Options Weighing Heavier on Homebuyers
...Gen Xers and 21% of Baby Boomers reported one-way commutes longer than 30 minutes. Regionally, buyers in the Northeast and West had larger shares of 30-minute or longer commutes, at...
Read More »Industry to Adapt, Focus, and Change in 2021
...grow as Baby Boomers have aged in place, and it’s an underserved market right now populated by companies that borrowers have never heard of. It’s an interesting aspect for some...
Read More »Survey Finds Homes Are ‘Still Where the Heart Is’
...those polled, 78% of millennials felt emotionally attached to their home, as opposed to 70% of Generation Xer’s, and 69% of Baby Boomers. Over half of millennial homeowners (53%) say...
Read More »Consumer Confidence Grows in Home-Shopping Tech Tools
...Z is close behind, with 36% of millennials stating that they would be comfortable buying a home online, compared to just 7% of Baby Boomers and 19% of Gen X....
Read More »Americans Want Relatives to Live Close By, Within Reason
...baby boomers (33%) to say family should not live close enough for them to just pop-in and say "hi." Men (66%) are more likely than women (56%) to say there...
Read More »Can Homeowners Afford Repairs, Remodeling?
...generation with more than a quarter of whom could not cover a $1,000 home repair. Baby boomers appeared more equipped to handle this, in spite of the fact that many...
Read More »Millennial Homeownership Trails Older Generations
...Millennial Homeownership Report takes a look at the phenomenon and the generation causing it. By the age of 30, 51% of baby boomers owned homes. At the same age, 48%...
Read More »The City That’s a Top Spot for Millennial Homebuyers
...638, 639 and 640, respectively. “Millennials make up the largest group of homebuyers in the United States, surpassing members of older–and richer–generations like Generation X and baby boomers,” observed LendingTree...
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