"Baby Boomers now account for nearly half of all home purchases, leveraging decades of accumulated home equity to outcompete younger buyers. This trend highlights the significant financial advantage Boomers have in the current market."
"The share of first-time buyers has dropped to just 21% of the market, the lowest since tracking began in 1981. This decline reflects the challenges younger buyers face in an increasingly competitive housing market."
"The median age of a first-time homebuyer has climbed to 40, up significantly from age 29 in 1981. This shift indicates changing demographics and financial realities for younger generations."
"While younger generations move for jobs or expanding families, Boomers are primarily moving to be closer to family, to retire, or to downsize. This difference in motivation shapes the current housing landscape."
In April 2026, Baby Boomers represent nearly half of all home purchases, leveraging their accumulated home equity. First-time buyers have dropped to 21%, the lowest since 1981. Younger Millennials' share of first-time purchases fell from 71% to 60% due to rising costs and limited inventory. The median age of first-time homebuyers has increased to 40. Boomers are motivated to move for family proximity, retirement, or downsizing, while the market is becoming more buyer-friendly, with many sellers reducing asking prices significantly.
Read at Boston Condos For Sale Ford Realty
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