Monday, April 3, 2023

Home Buyers - Baby Boomers Overtake Millennials


Baby boomers now make up 39% of home buyers – the most of any generation – an increase from 29% in 2022

Generation Z now makes up 4% of buyers, with 30% of Gen Z moving directly from a family member’s home into homeownership.

When relocating, all generations are moving farther distances, with younger boomers (ages 58-67) moving the greatest distance at a median 90 miles away..

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