In recent years, baby boomers have been active in the housing market, coming in at a close second to millennials as the largest generation of home buyers, while home prices have remained high and inventory conditions tightened.
The National Association of Realtors®' 2018 Profile of Home Buyer and Seller Generational Trends identified that baby boomers are now more likely to buy homes not just for themselves—but also for their aging parents and adult kids saddled with student debt.
How A Lack of Inventory Impacts the Housing Market