Generational Home Buying Trends
Buying a HomeAt 31 percent, Gen X comprises the largest group of recent home buyers, according to NAR’s Home Buyer and Seller Generational Trends report released today. Gen Xers were followed in numbers by Gen Y buyers (28 percent), and then younger Baby Boomers (18 percent), older Baby Boomers (14 percent), and the Silent Generation (10 percent). The Greatest Generation, also known as the G.I. Generation, represented less than 1 percent of recent buyers. The report a compilation of survey data from 8,501 recent home buyers also shows that 80 percent of […]