The Real Estate Battle: Millennials v Boomers

Traditionally, at a certain age aging homeowners often downsize, looking for less to maintain and less cleaning. That’s not happening in the numbers it used to, and getting priced out of the few smaller starter-type homes available are those Millennials. Often it comes down to location, location, location.

“The difference in a lot of ways is that Millennials want to stay in the inner urban areas, and they’re finding that Boomers don’t want to leave these inner urban areas,” says Mike Weaster of Graham and Company Realty in Houston.