...they eclipse Generation X and the Baby Boomers. “It’s really just kind of waiting for them to get on their feet,” he said. “We’re just going to have to wait...
Read More »Search Results for: baby boomers
Does the Labor Market Have What It Takes to Boost Housing?
...by 2.5 percent, which is well above consumer price inflation. Also, according to Freddie, about 40 percent of this drop-off was driven by baby boomers who have retired between December...
Read More »Young Buyers Step Up Market Presence Despite Challenges
...“Given that Millennials are the largest generation in history after the baby boomers, it means there is a potential for strong underlying demand,” Yun said. “Moreover, their aspiration and the...
Read More »Realtors Confident in Housing Despite Credit Concerns
...buyer who was relocating, and 10 percent sold to a buyer purchasing a second home. Fourteen percent of agents sold a distressed home in November. Realtors perceive that ""many baby...
Read More »Researchers Say Weak Job Growth to Slow Down New Housing
...forces--including the retirement of Baby Boomers--will ""soon usher a prolonged period of slower labor force expansion."" According to recent projections from the Bureau of Labor Statistics (BLS), annual labor force...
Read More »Survey Puts Spotlight on Needs of Millenial Homebuyers
...sheer size of the Millenial generation--the second largest in history after the Baby Boomers--should give a ""powerful boost to long-run housing demand, though in the short-term mortgage accessibility and student...
Read More »Commentary: We’re Forever Seeing Bubbles
...prices--which had been trending up for four years--led to a sharp uptick in construction wholly unsupported by demographics. Baby boomers were aging, transforming home buyers into sellers, and there weren't...
Read More »Report: Reverse Mortgage Trends Show Troubling Picture
...Pamela Villarreal, a senior fellow and retirement expert at NCPA, expects the ""troubling trend will increase as more baby boomers enter retirement with mortgage debt than previous generations."" What's more,...
Read More »Rule Allows Financial Assets to be Used as Qualifying Income
...""Freddie Mac's Executive Perspectives Blog."":http://www.freddiemac.com/news/blog/christina_boyle/20130513_financial_assets.html The rule is especially helpful for ""qualifying retiring Baby Boomers and other savvy homebuyers who have limited incomes, but substantial financial assets,"" according to Boyle...
Read More »Report: Increased Regulation to Boost Profitability in Coming Years
...the market is squarely in the hands of the large ""echo boom"" generation, or the children of the baby boomers. This phenomenon will lead to a boom in construction (with...
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