Are Older Generations Really Not Selling Their Homes?

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.

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! NAR’s findings show that Baby Boomers (43%) and the Silent Generation (12%) made up 56% of sellers in 2018!

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“We have people with degrees doing Mickey Mouse jobs and young people who will have no occupational pension and no house to sell to see them through old age. That’s not. generation before are being.

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Are Older Generations Really Not Selling Their Homes? Share Tweet 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.

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Millennials may be the most hated generation ever. Why? Well, the reason that older generations (Gen X and baby boomers) despise their millennial colleagues in the workplace is probably not what.

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