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by anonymouskimmer 927 days ago
> and I'm an older Millennial, it should be mostly us buying homes right now

There's a huge Boomer generation also trying to downsize.

Back in 2021 the average homebuyer was 45 years old. This probably hasn't changed that much: https://www.businessinsider.com/typical-us-homebuyer-age-sal...

https://www.nar.realtor/sites/default/files/documents/2021-h...

- GenZ at 2%

- Older Millennials at 23 percent and Younger Millennials at 14 percent of the share of home buyers. Millennials have been the largest share of buyers since the 2014 report

- Buyers 41 to 55 (Gen Xers) consisted of 24 percent of recent home buyers.

- Buyers 56 to 65 consisted of 18 percent of recent buyers and buyers 66 to 74 consisted of 14 percent of recent buyers.

- Buyers 75 to 95 (The Silent Generation) represented the smallest share of buyers at five percent.