You’ll be waiting a while. Empty nesters aren’t flying the coop anytime soon. The post Banking on a ‘silver tsunami’ of baby boomer homes to hit the market? appeared first on Boston.com.
Baby Boomers own a significant portion of homes in Massachusetts and nationally, particularly larger homes, leading to speculation about a "silver tsunami" of properties hitting the market. However, experts predict a gradual trickle rather than a sudden surge, as many Baby Boomers are choosing to age in place, have low mortgage rates, and often own multiple properties. This, coupled with low building rates and restrictive zoning in areas like Greater Boston, contributes to a continued housing supply shortage.
