Tag Archives: Silent Generation

Potential homebuyers are now co-buying and living with relatives for longer periods of time, according to a new survey from Realtor.com. Meanwhile, proximity to family remained a leading factor in choosing a place to live as many cohabiting Americans seek relief from childcare and housing costs.

A new study from RentCafe revealed renting alone has become an increasingly popular trend, with baby boomers making up the largest population of renters living alone in the U.S. followed by millennials, as the number of solo renters reached a record high of 17.7 million in 2020 and continues to grow.

As older generations of homeowners age out of their homes at higher-than-normal rates over the next decade, it could free up 4 million units of inventory. But will that be enough to offset factors keeping homeownership out of reach for many?

They’re the most active generation of homebuyers in the market today, but unlike their Gen X or Baby Boomer parents, millennials prefer to buy homes that are close ...