– Baby boomers, aged 60 to 78, own 38% of U.S. real estate
– Boomer homeowners enjoy record-high home equity, with 72.7% of total real estate value in 2024
– Many boomers are considering selling to capitalize on their home equity and fuel retirement plans
– Baby boomers built their real estate portfolios in an era of more affordable housing prices and higher interest rates
– 54% of boomers surveyed in 2024 have no plans to sell their homes, contributing to a housing shortage for other generations

You can read this full article at: https://papersourceonline.com/boomers-is-it-time-to-cash-out-or-hold-on-to-your-home/(subscription required)

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