Reported 1 day ago
Recent data shows Baby Boomers have reclaimed their position as the largest group of home buyers in the U.S., surpassing Millennials. This shift is largely attributed to Baby Boomers' housing equity, allowing many to purchase homes with cash. In contrast, younger buyers struggle with down payments and financing. Additionally, the trend of multi-generational homes is rising, with Gen Xers often buying properties to accommodate aging parents and returning adult children. Young women are also increasingly becoming significant players in the housing market.
Source: YAHOO