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NAR Report Affirms Millennials and Baby Boomers Dominate the Housing Market

NAR Report Affirms Millennials and Baby Boomers Dominate the Housing Market

by Phil Hall | Apr 3, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Millennials and baby boomers are the dominant forces in the U.S. housing market, according to the National Association of Realtors’ (NAR) newly published “2024 Home Buyers and Sellers Generational Trends Report.” Millennial buyers accounted for 38% of buyers, the...
Study: More Than Three-Quarters of Baby Boomers Plan to Stay in Their Current Home

Study: More Than Three-Quarters of Baby Boomers Plan to Stay in Their Current Home

by Phil Hall | Apr 2, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

According to a new data report that will not be welcome by those seeking to buy existing homes, more than three-quarters (78%) of older homeowners plan to stay in their current home as they age. A new survey of 3,000 homeowners and renters by Redfin (NASDAQ: RDFN),...
Baby Boomers and Millennials are Moving, But Not to the Same Places

Baby Boomers and Millennials are Moving, But Not to the Same Places

by Phil Hall | Jun 9, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Migration patterns by baby boomers and millennials during the first quarter of this year had little in common, according to data released by Bank of America (NYSE:BAC). During the first three months of 2023, Las Vegas, Phoenix, Tampa and Orlando were among the most...
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