Older home buyers are edging out millennials, thanks to high mortgage rates and home prices
‘Baby boomers have the upper hand in the homebuying market,’ National Association of Realtors’ Jessica Lautz said.
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Baby boomers edged out millennial home buyers, according to a new report, thanks to high mortgage rates and home prices.
According to an annual report by the National Association of Realtors, baby boomers make up 39% of home buyers, up from 29% last year. At the other end of the spectrum, Generation Z only makes up 4% of buyers.
Millennials,…
