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Nearly half of Baby Boomers forgo financing when purchasing home

Baby Boomers have recently overtaken Millennials as the largest group of home buyers in the U.S.
High mortgage interest rates and accumulated equity have caused this shift in home buying trends.
Older Millennials are buying bigger and newer homes, while Gen X seeks multigenerational living solutions.
About 49% of all buyers use savings for down payments, while 50% of older boomers bypass financing altogether.
Younger Millennials face affordability challenges, with 33% citing saving for a down payment as most difficult.

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phelpscountyfocus.com

+16 Reposted by 16 other sources

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Nearly half of Baby Boomers forgo financing when purchasing home

(The Center Square) – While most home buyers still get a loan to buy a home, about half of Baby Boomers are forgoing financing altogether, often using home sale proceeds to buy their next one.

2 days ago

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The Free Press (Tampa)

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Baby Boomers Reclaim Top Spot As Largest Share Of Home Buyers, Overtaking Millennials

In a surprising generational shift, baby boomers have reclaimed their place as the largest group of home buyers in the U.S., according to the National Association of Realtors® (NAR) 2025 Home Buyers and Sellers Generational Trends report released yesterday. The report found that boomers — both younger (ages 60–69) and older (ages 70–78) — now […] Baby Boomers Reclaim Top Spot As Largest Share Of Home Buyers, Overtaking Millennials

2 days ago·Tampa, United States

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dmnews.com

7 things boomers say that sound wise but actually reveal a lack of social awareness

My dad always used to say, “Hardships often prepare ordinary people for an extraordinary destiny.” Sounds pretty wise, right? But sometimes, these seemingly insightful remarks can actually reveal a lack of social awareness. Here’s the deal. As much as we love our baby boomer relatives and friends, they’ve been known to drop some “words of wisdom” that may sound profound, but can occasionally miss the mark in today’s context. So, buckle up. If yo…

1 day ago

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themortgagepoint.com

Which Generational Cohort Now Makes Up the Largest Share of Homebuyers? - The MortgagePoint

According to the National Association of Realtors 2025 Home Buyers and Sellers Generational Trends report, baby boomers now comprise the largest generational group of home buyers in a shift that underscores the changing dynamics of today’s housing market.The report examines the similarities and differences among recent homebuyers and sellers across generations, and found that the combined share of younger boomers (ages 60–69) and older boomers (…

2 days ago

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The Registry

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The Registry

Baby Boomers Regain Top Spot as Largest Share of Home Buyers - The Registry

Washington, D.C., April 01, 2025 — Key Highlights Baby boomers account for 42% of all home buyers, while millennials fall to 29% (down from 38% from one year ago). Multigenerational home buying is on the rise, with Generation X leading the trend. Half of older boomers and 40% of younger boomers are purchasing homes entirely with cash. In a shift that underscores changing dynamics in the housing market, baby boomers now make up the largest gener…

2 days ago

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