A survey reveals that 54% of baby boomers plan to hold onto their homes, limiting housing supply and affecting market dynamics.
Despite 66% of boomers anticipating over $100,000 in profit from selling, their attachment to homeownership stems largely from financial security.
The reluctance of baby boomers to downsize could influence housing prices and supply, as they represent a significant portion of the market.
With only a 1.33 million unit supply at the end of July, the housing market struggles with persistent low inventory, impacting home prices.
Collection
[
|
...
]