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Tag Page Boomers

#Boomers
Heather Moore

Why Boomers Won’t Budge From Their Homes

Did you know a third of Baby Boomers say they’ll never sell their homes? Most have lived there for over 16 years, love their digs, and don’t want to swap a low mortgage for today’s sky-high rates. The catch? This “house hoarding” means fewer homes for younger buyers, making it even tougher for millennials and Gen Z to find a place. If you’re house hunting, patience (and maybe a side hustle) is key! #RealEstate #HomeBuying #Boomers

Why Boomers Won’t Budge From Their Homes
davenportmeghan

Why Boomers Won’t Budge From Their Homes

Ever wonder why your parents or grandparents aren’t downsizing? Turns out, assisted living is so pricey that many boomers are staying put and borrowing against their homes just to get by. This means fewer houses on the market for everyone else, and millennials might end up caring for their parents themselves. It’s not just a boomer problem—it’s a family wallet issue! If you’re house-hunting or planning for the future, keep this in mind: the housing crunch isn’t just about high prices, it’s about who can actually afford to move. #HousingMarket #Boomers #MoneyHacks #FamilyFinance #RealEstate

Why Boomers Won’t Budge From Their Homes