04/23-How Baby Boomers are creating a housing shortage

Studies have revealed that there is a large portion of the population that is contributing to the housing shortage.  The group I am referring to are Baby Boomers.  According to Redfin, about 28% of all US homes that have three or more bedrooms are owned by this group…and they are not moving for various reasons.  We’ll discuss what this group means to the housing market currently and for years to come.