Baby Boomer Survey Shows Big Appetite for Real Estate

By Walter Molony at the National Association of REALTORS®

Those people born between 1946 and 1964, otherwise known as “baby boomers,” have a higher rate of home ownership than the national average.  25% of baby boomers own more than one property, and although they are excited about the future, many aren’t properly prepared for their own retirement.

However, baby boomers know the value and benefit of owning real estate, and since they are in their peak earning years, many of them are taking advantage of it.  Owning a home is a great investment, and people today are buying multiple properties – to rent out, as investments, etc.

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