Realtor.com reports that baby boomers now hold nearly $19 trillion in real estate wealth, accounting for almost half of the nation’s housing equity.
From a recent Realtor.com® survey, 75% of Americans view homeownership as part of the American dream, with 59% believing it’s achievable. Millennials (69%) and Gen Z (70%) still hold homeownership as a life goal despite affordability challenges.
Bright MLS reports that nearly 20% of homeowners have the intention of selling in 2025, with younger homeowners aged 30-49 driving the market—over 26% of them are ready to list their homes.
New research from Clever Real Estate reveals that more than 50% of Boomers never intend to sell their homes. The study also highlights generational differences in homeownership perspectives and the ongoing affordable housing crisis.
According to Redfin’s latest report, the total value of U.S. homes surged by $3.1 trillion, reaching a record $49.6 trillion, with four new metros joining the “Trillion Dollar Club,” doubling the number to eight.
Boomers aging in place? Katie Lucie shares a strategy to add value and build lasting relationships. Learn how this simple direct mail campaign can generate high-value leads.
A new Redfin article shows nearly 40% of homeowners could not afford their homes if they were buying them today, thanks to monthly housing costs reaching an all-time high due to elevated mortgage rates and home prices that have doubled over the last decade.
A new Realtor.com report shows homebuyers are still holding onto the dream of homeownership despite affordability challenges. Younger generations (millennials and Gen Zers) are more optimistic about buying a home in the next year or five years.
A new Redfin report shows homeowner tenure has doubled since 2005, mainly due to older Americans aging in place. But tenure still falls short of the 2020 peak.
A new report from Redfin on homeownership shows empty nester boomers own twice as many large U.S. homes as millennials with children. As more of these empty nesters decide to downsize, agents have a unique opportunity to match-make.
A new report from Real Estate Witch shows high interest rates are the number one barrier to homeownership for millennials, followed by high home prices and saving for a down payment.
Lance Lambert, founder of ResiClub, appeared on last week’s Knowledge Brokers Podcast to discuss, among other things, the ‘silver tsunami’ theme in real estate and Meredith Whitney’s projections on housing supply in 2024.
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