Are Older Generations Really Not Selling Their Homes?

Are Older Generations Really Not Selling Their Homes? In Selling a Home by admin May 21, 2019 Leave a Comment Many studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to " age in place " over moving.

Many studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to "age in place" over moving. The 2019 home buyers & Sellers Generational Trend Report by NAR clarifies this point!

They're just going to stay put, thank you very much. housing inventory shortages continue to plague the real estate market, and the generation that's most to. About 85% of Boomers indicated they are not planning to sell their home. Older generations aging in place is nothing new to the housing market.

 · Are Older Generations Really Not Selling Their Homes?. Once again, the report demonstrated that older generations are not keeping that 3-bedroom, 2-bath colonial home. Instead, they are putting it on the market and moving on with their lives! bottom line.

Do millennials have it worse than past generations?. from Gen X to millennials, incomes just $4,160 higher each year during the time millennials. But these increases haven't been without some stops and starts. HireAHelper), however, reveals that millennials are live in their homes for shorter periods.

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Are Older Generations (Baby Boomers) Really Not Selling Their Houses? Are Older Generations Really Not Selling Their Homes? Posted Many studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to ” age in place ” over moving.

 · As we can see, they have plenty of reasons to sell their current home! But what type of homes are they trading in? Once again, the report demonstrated that older generations are not keeping that 3-bedroom, 2-bath colonial home. Instead, they are putting it on the market and moving on with their lives! Bottom Line

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