Facebook Twitter Instagram
    Trending
    • Local Market Monitor’s National Economic Outlook for March ’23
    • Changing Your Financial Trajectory
    • Existing-Home Sales Surge 14.5% in February
    • Value of Owner-Occupied Real Estate Falls for First Time Since 2012
    • Federal Judge Halts Biden Administration Waters Rule in Texas & Idaho
    • Yardi Says Multifamily Flat in February
    • Housing Starts & Permits Jump Up in February
    • U.S. Cities with the Highest GDP
    Twitter
    Real Estate Investing Today
    • Home
    • RE Journal
    • ROI Magazine
    • National REIA
      • National REIA
      • Find a REIA near you!
    • Podcasts
    • Housing Data
    • Contact Us
    Real Estate Investing Today
    You are at:Home»Market Trends»Who Will Buy Baby Boomers’ Homes When They Leave?

    Who Will Buy Baby Boomers’ Homes When They Leave?

    0
    By Brad Beckett on July 19, 2022 Market Trends

    A new report form the Mortgage Bankers Association says aging Baby Boomers number an estimated 32+ million people and represent nearly 41% of all homeowners.  Their report asks a critical question;  Who will buy the Baby Boomers homes when they leave them?  They suggest that the aging & eventual death of such a large population cohort will have a major impact on the housing market.  The report takes a deep-dive into an assortment of data that includes housing, aging, and mortality.  To that end they examine the extent to which this demographic shift may affect the supply & demand of homes for sale by “older Americans” – which they define as individuals and households with headed by someone 50+.  There is a lot of interesting and important data in here.

    “In 2019, there were 2.6 million deaths of persons aged 50 and older. One million of these were renters. Of the 1.6 million decedents who lived in owner-occupied housing, a half million were the first-to-die spouse in a couple and transferred ownership to the surviving spouse. The remaining 1.1 million died as homeowners and bequeathed their homes. Therefore, the supply of homes for sale from the mortality of older Americans was 1.1 million units in 2019.”

    MBA

    Click here to read the full report at the Mortgage Bankers Association.

    Share this:

    • Click to email a link to a friend (Opens in new window)
    • Click to print (Opens in new window)
    • Click to share on Twitter (Opens in new window)
    • Click to share on Facebook (Opens in new window)
    • Click to share on LinkedIn (Opens in new window)
    • Click to share on Pinterest (Opens in new window)
    • Click to share on Reddit (Opens in new window)

    Related

    Brad Beckett
    • Website
    • Facebook
    • Twitter

    Director of Education & Outreach, National Real Estate Investors Association

    Related Posts

    Local Market Monitor’s National Economic Outlook for March ’23

    Changing Your Financial Trajectory

    Existing-Home Sales Surge 14.5% in February

    Comments are closed.

    Emergency Rental Assistance
    Action Alert HR 5013 – Seller Finance
    https://youtu.be/WP-IAtGnPsQ

    Click here to visit the National REIA Legislative Action Center.

    Stay Informed!

    Simply enter your email address in the space below to receive our latest posts right in your mailbox! It's FREE!

    Join 2,529 other subscribers
    Podcasts
    podcasts
    Survey of the Quarter:
    • Most Recent Posts
    March 23, 2023

    Local Market Monitor’s National Economic Outlook for March ’23

    March 22, 2023

    Changing Your Financial Trajectory

    March 22, 2023

    Existing-Home Sales Surge 14.5% in February

    March 21, 2023

    Value of Owner-Occupied Real Estate Falls for First Time Since 2012

    Benefits of Joining National REIA
    Click here to find a REIA!
    The Latest issue of the RE Journal
    Follow us on Twitter: @REI2Day
    My Tweets
    Keyword Search
    Real Estate Investing Today
    National Real Estate Investors Association
    2755 Mansion Place
    Crestview Hills, KY 41017
    888-762-7342
    www.NationalREIA.org
    Top 100 Real Estate Investing Blogs & Websites on the Web
    Categories
    About Real Estate Investing Today

    Real Estate Investing Today is the news aggregation site for the National Real Estate Investors Association (NREIA) and features news & industry updates to help investors stay informed. Learn more at www.NationalREIA.org

    Media Inquiries

    Media Inquiries Click here

    Copyright 2022 Real Estate Investing Today

    • Home
    • News
    • Legislative
    • Market Trends
    • Residential
    • Data
    • Rentals
    • Crowdfunding
    • Legal
    • Regulations & Taxes
    • Infographics
    • Technology
    Copyright 2022 Real Estate Investing Today
    • Home
    • News
    • Legislative
    • Market Trends
    • Residential
    • Data
    • Rentals
    • Crowdfunding
    • Legal
    • Regulations & Taxes
    • Infographics
    • Technology

    Type above and press Enter to search. Press Esc to cancel.