Impact of Baby Boomers on Housing Market Inventory Crisis
Tuesday, 2 April 2024, 20:16
Impact of Baby Boomers on Housing Market Inventory Crisis
A recent survey conducted by Redfin has shed light on a concerning trend in the housing market, with a significant 78% of baby boomers choosing not to list their properties for sale. Despite various factors at play, financial considerations remain the primary motivation behind this decision, contributing to the ongoing inventory shortages across the real estate sector.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.