Bay State’s Boomers Face Plenty of Reasons Not to Sell
Scratch the surface of statistics about how many Baby Boomers plan to age in place, and you’ll find a wealth of constraints that shape their housing choices.
Longer Homeowner Tenure Means Agent Roles Will Change, NAR Says
With Baby Boomers outbidding Millennials and Generation X in many home sales, economists at the National Association of Realtors say real estate agents should start thinking differently about what their clients need from them.
So Many People Moved Last Year, Homeowner Tenure Flatlined
So many people moved last year, they caused the overall median length of tenure in an American home to stay nearly constant, bucking a longstanding trend that saw more and more homeowners preferring to stay put.
Is the Inventory Dam About to Burst?
Couple skyrocketing construction costs with the end of COVID-19 mortgage forbearance, the end of the eviction ban, plus the oldest Baby Boomers turning 75 this year, and inventory increases may occur much sooner than anyone anticipates.
