Will Baby Boomers Rock the Housing Market?

As first-time buyers struggle with higher hurdles at the bank, some experts are pinning their hopes on baby boomers to boost the flagging housing market.

Roughly defined as the generation bookended by the close of World War II and the rise of the civil rights movement, baby boomers -- ages 47 to 65 -- are in a better position to buy today than they have been in years, says Walt Molony, a spokesman for the National Association of Realtors.