70% of GenX, Baby Boomers Plan to Stay Put in Retirement

Bank of America, Charlotte, N.C. said its data show 70% of Gen X and Baby Boomers—who account for 70% of the 84.7 million owner-occupied homes in the country—are planning to stay where they are, not just for now, but into retirement.

Commercial/Multifamily Briefs

Harvard University’s Joint Center for Housing Studies postponed its annual State of the Nation’s Housing report due to the coronavirus pandemic.

Industry Briefs

The Tennessee Mortgage Bankers Association is providing up to $10,000 in college scholarships for 2020, its 60th anniversary year.