Baby Boomers Hogging the Housing Market

by toptenrealestatedeals

Baby boomers are still the major factor in US home purchases. According to the National Association of Realtors, baby boomers made up 42% of home buyers in the past year, compared to just 29% for millennials. And while 95% of buyers under age 44 used a mortgage, close to 50% of buyers over age 60 were able to use cash.

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