Tag: baby boomers

Will Housing Demand Fall Off a Cliff as the Baby Boomers Age?

June 14, 2019 by Zelman & Associates

The Baby Boomers are commonly accepted as the generation that was born from 1946-64. For that 19-year period, there were 75.8 million births in the United States, which was an astounding 53% greater than the preceding 19 years – hence the generation’s ...

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Filed Under | baby boomersdemographics

Is Your State Winning or Losing Among Millennial, Baby Boomer Movers?

March 22, 2019 by Zelman & Associates

In February, we analyzed state-to-state migration patterns of 25-29 year old households – the heart of the Millennial generation – showing that the catalyst to bring a young adult to a state often differs from ...

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Filed Under | baby boomersdemographicsmillennials

As Consumer Debt Hits New Peak, It’s Not the Young Flashing Warning Signs

December 28, 2018 by Zelman & Associates

Once a quarter, the Federal Reserve Bank of New York releases data on household debt and credit, which is often referenced to understand total leverage across the consumer, including details across the major sources: mortgages, student debt, ...

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Filed Under | baby boomersmacro housingmillennials

Worried About Boomers Selling? – Busting the “McMansion” Myth

August 10, 2018 by Zelman & Associates

As of 2017, we estimate that there were approximately 78 million single-family detached homes in the country, of which 65 million were owner-occupied. We further estimate that Baby Boomers – defined as people born from 1946-64 – owned almost ...

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Filed Under | baby boomersdemographicsmacro housingmillennials

Homebuying Demands for Millennials and Generation X are More Alike than Dissimilar

December 15, 2017 by Zelman & Associates

Unlike the Baby Boomer generation that is generally accepted as being born over the 19 years covering 1946-64, varied definitions exist for the following Generation X or the more recent Millennials. From our perspective, the most logical segmentation ...

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Filed Under | baby boomersdemographicsmillennials

What to Learn from Where Older Cohorts are Living, Moving?

October 06, 2017 by Zelman & Associates

Baby boomers are accepted as the generation born from 1946-64. There were approximately 76 million births during these years, which was a robust 53% higher than the 19 years prior given overall population growth, the effects of the Great Depression ...

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Filed Under | baby boomersdemographics

As Boomers Age in Place, Less Inventory Available For Sale

February 24, 2017 by Zelman & Associates

In 2016, existing home sales increased 4%, which is consistent with the long-term median increase, despite a strong employment backdrop, accelerating household formations and elevated consumer confidence toward housing. Unfortunately, the market ...

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Filed Under | baby boomersdemographicsexisting home sales

Are Boomers Really Downsizing to Multi-Family? Not According to the Data

February 10, 2017 by Zelman & Associates

The baby boom generation spans births from 1946-64, making those individuals 52-70 years old today. As has been the case since birth, the significant size of the baby boomers versus the prior generation makes understanding any shift in behavior ...

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Filed Under | baby boomersdemographics

Reversing Roles – Multi-Generational Households Where Parents Live With Children

January 27, 2017 by Zelman & Associates

Household formation is at the root of incremental housing demand. A thorough forecast of household formation should encompass population growth trends segmented by age cohorts and a detailed understanding of age-specific shifts in how people ...

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Filed Under | baby boomersdemographicshousehold formation