Baby boomers continue to buy houses.

Baby Boomer Retirement Housing Demand

The common definition for “Baby Boomers” is the generation formed by children born between 1946 and 1964—a population of about 78 million Americans with births peaking in 1960 and then tapering off into the declining birthrates of the “X” Generation commonly defined as the fifteen years following 1964. This numeric definition does not include both legal and illegal migrants who have expanded these numbers by approximately one million per year (the accuracy by age group difficult to determine because of inaccurate records on illegal migrants). A recent news article claimed that “10,000 baby boomers turn 65 every day and will continue to do so through 2030”, thereby continuing to feed […]

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