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.
Tag: GenX
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Survey: Pandemic Forces Nearly Half of Renters to Postpone Homeownership Plans
RentCafe, Santa Barbara, Calif., said its survey of 7,000 renters found although one in 10 renters planned to by a home in 2020, nearly half have now delayed those plans because of the economic impact of the coronavirus pandemic.