baby boomers: Desire To Own A Home Are Pass On To The Next Generation - 09/08/18 01:31 PM
Research shows that a great number of prospective home buyers came from a family who owned a home as compared to those who grew up in a family who rents. This is great news as most millennials are raised by baby boomers which we all know to be a generation of homeowners.
According to an analysis of millennial homeowners, the homeownership rate of those whose parents rent their homes is 14.4%, while the rate amongst millennials whose parents are homeowners is 31.7%!
"A young adult's odds of homeownership are highly correlated with their parent's homeownership. Without controlling for such factors as age, income, … (0 comments)

baby boomers: Baby boomers consider next housing move - 09/12/12 12:02 AM
Baby boomers consider next housing move Many older baby boomers have been putting off moving for years now, due to weak housing markets, price declines and losses in their retirement accounts.
But as markets are beginning to recover, some may be unearthing their buried plans to downsize, move closer to their children or relocate to a warmer climate. Whether they ultimately make a move has a lot to do with their finances and where they live.
 
“I think people are sick of waiting,” said Jennifer Darby Metzger with ERA Justin Realty, in New Jersey. Even if conditions aren’t perfect yet, … (1 comments)