Sep 16th 2011 10:55AM
As first-time buyers struggle with higher hurdles at the bank, some experts are pinning their hopes on baby boomers to boost the flagging housing market. Roughly defined as the generation bookended by the close of World War II and the rise of the civil rights movement, baby boomers -- ages 47 to 65 -- are in a better... Continue Reading »
Jun 16th 2010 2:30PM
Once upon a time a majority of people followed this seemingly fiscally sound path: Buy a home, spend your working years paying it off, and then sell it so you can trade down once the kids left. Magically, all that built-up equity could fund your retirement. What a fairy tale! Today the baby boomers are discovering that... Continue Reading »
Jun 14th 2010 1:00PM
The burst of the housing bubble may have stalled the growth of 55-and-older communities, but as the market revives we should expect to see a mini-housing bump as more baby boomers retire. In any given year, about 12 percent of 55-and-older households change homes, according to a study done by the MetLife Mature Market... Continue Reading »
Jun 8th 2010 6:00PM
Attention, Generation Y! You're screwing everything up -- again! Apparently, there are relatively few members of Gen Y, those born from 1977 to 1989, who are homeowners -- still. First came the accusations that young adults -- those self-esteem-inflated, coddled slackers -- were a contributing factor to the housing... Continue Reading »
Mar 18th 2010 1:00PM
Yet more evidence that we are going backwards: A new study published today by the Pew Research Center finds the "multi-generational American family household is staging a comeback." Pew is not the first to come up with such findings -- other studies have also shown that Americans are reverting to mixed-generational... Continue Reading »
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