Real estate agents should expect to work the most with older and experienced homebuyers, per the latest data from the National Association of REALTORS® (NAR). NAR’s 2025 Home Buyers and Sellers Generational... Read more »
Despite being the beneficiaries of historic increases in home-price appreciation during and after the COVID-19 pandemic, older baby boomers — many of whom are approaching the age of 80 in 2025 —... Read more »
Baby boomers are a key constituency for the reverse mortgage industry since they are currently the generation with the largest share of the population at or above the age of 62. A... Read more »
On average, members of the baby boomer generation saved approximately $4,060 over the course of 2023, lagging behind the average savings levels of every other surveyed generation. This is according to the... Read more »
Beginning this year, the baby-boom generation — primarily those born between 1945 and 1960, depending on the social scientist you talk to — will reach “peak 65.” This is the beginning of... Read more »
Nearly three in four baby boomers aren’t using resources that would help them achieve or maintain homeownership status, according to survey data released Tuesday by nonprofit group NeighborWorks America. About 10,000 Americans... Read more »
A Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgage (HECM) requires a borrower to be at or over the age of 62 to qualify for a loan, making baby boomers most of... Read more »
Fifty-five percent of surveyed baby boomers plan to remain in their existing homes as they age, but less than a quarter of those surveyed have any plans to renovate their homes to... Read more »