April 21, 2025 - 10:00
As the demographic landscape shifts, baby boomers are increasingly becoming the primary owners of America’s aging home inventory. This situation is reaching a critical juncture as the Great Wealth Transfer unfolds, raising concerns for millennials who are still grappling with barriers to homeownership.
The aging housing stock, largely held by older generations, presents both challenges and opportunities. Many baby boomers are reluctant to downsize or sell their homes, which limits the availability of properties for younger buyers. This stagnation in the housing market complicates the already daunting task for millennials, who face high prices and increasing interest rates.
Moreover, the generational wealth gap is exacerbated by the fact that millennials are often burdened with student debt and stagnant wages. As the older generation begins to pass on their wealth, the potential for millennials to secure homeownership remains uncertain. The interplay between the aging home inventory and the economic realities of younger buyers creates a complex scenario that could redefine the future of real estate in America.
June 24, 2025 - 06:13
Goldman Sachs Appoints Aekloveya Shyam as Head of M&A in Global Real EstateGoldman Sachs has made a significant leadership change by appointing Aekloveya Shyam as the new head of mergers and acquisitions (M&A) within its Global Real Estate Group. This decision was...
June 23, 2025 - 23:14
Katherine Cruz Elevated to Engineering Manager at Hancock AssociatesDanvers, MA—Hancock Associates has announced the promotion of Katherine Cruz, P.E., LEED AP, to the position of Engineering Manager. Known affectionately as `Katie` among her colleagues, Cruz has...
June 23, 2025 - 11:48
Will the US-Iran War Trigger an Economic Crisis in America?As tensions escalate between the United States and Iran, concerns are mounting about the potential repercussions on the American economy. Analysts warn that a prolonged conflict could lead to...
June 22, 2025 - 21:27
This Week's Most Sought-After Brooklyn Properties: A Focus on Ditmas ParkIn the latest round-up of popular Brooklyn listings, attention has shifted to an array of charming properties, including a notable Colonial Revival home in Ditmas Park. These listings showcase the...