Generation X
From Staff Reports The share of Baby Boomers has surpassed Millennials and now makes up the largest generation of home buyers, according to the latest study from the National Association of Realtors. The 2023 Home Buyers and Sellers Generational Trends report, which examines the similarities and differences of recent home buyers and sellers across generations,…
Read MoreSo, here comes a study that reveals the natural order of things: In terms of homeownership, younger people can’t afford what the more established older generation has done. Compounding it all are historically low inventory and skyrocketing prices. Younger generations seem to be facing two strikes before they can get the bats off their shoulders…
Read MoreThere are about 79 million millennials in the U.S., and their purchasing power is estimated to be $170 billion per year. This powerful demographic, born from the early 1980s to the early 2000s, now represents the largest group of homebuyers at 32 percent, taking over from Generation X. But when it comes to millennial homebuyer behavior, it…
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