• Fri. May 24th, 2024

Baby Boomers Stay in Their Homes Longer, Driving Younger Households Toward Single-Family Rentals

Bynewsmagzines

Apr 9, 2023
Seniors staying in their homes longer mean fewer houses are on the market, analysts say. (Getty Images)

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A growing number of seniors are staying in their homes longer and limiting the supply of houses for sale, and real estate executives and analysts say that’s combining with higher mortgage rates and a tight supply to push aspiring homebuyers toward single-family rentals.

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