Source: World Property Journal —
According to new research by the Mortgage Bankers Association’s Research Institute for Housing America, more than 4 million existing-homes for sale annually over the next decade will come from the aging and mortality of older homeowners, but sustained homebuyer demand from population growth and younger-generation households should lead to minimal excess housing supply and have no measurable reduction in home prices.
The study, Who Will Buy the Baby Boomers’ Homes When They Leave Them, analyzes data on housing, demographics, and mortality to examine the impact the aging and eventual death of baby boomers may have on future demand and the supply of homes listed for sale by older Americans (ages 50 and older).
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