1 in 3 Baby Boomers Say They'll Never Sell Their Home [View all]
An additional 30% of baby boomers who own their home say they’ll hold onto it for at least a decade.
One-third (33.5%) of baby boomers who own their home say they’ll never sell, according to a recent Redfin-commissioned survey. Another 30% say they’ll sell their home at some point, but not within the next decade.
Older people are even less likely to sell, with nearly half (44.6%) of Silent Generation members never planning to sell.
Younger homeowners are more likely to eventually part ways with their house: 25% of Gen Xers and 21% of millennial/Gen Zers say they’ll never sell.
https://www.redfin.com/news/baby-boomer-homeowners-never-sell/
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Not surprising. For a lot of people in retirement age, you have your home the way you like it and don't want to have to go through the hassle of starting fresh in a new place.
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