Younger Boomers Trading Up, Older Boomers Staying Put
The survey's findings present a much more dynamic picture of the current real estate market when the general term "boomer" was divided into "Younger Baby Boomers" aged 47-55 and "Older Baby Boomers" aged 56-64.
According to the survey's results, Younger Boomers are both more likely to be interested in purchasing a second home and seeking out a single family home over older boomers. The most staggering divide between young and older boomers can be seen in those looking for a larger home, where 31 percent of respondents say younger boomer clients are selling their current home and looking for more space, compared to just 6 percent of agents who report older boomers are looking to do the same.
Read the full story at The Huffington Post.
Will Baby Boomers Rock the Housing Market?
States Where the Most (And Fewest) People Own Homes
Staying Not Selling? Consider 'Aging in Place' Upgrades
More on AOL :
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
See celebrity real estate.