Adding fuel to what the baby boomer generation has been consistently saying for some time, a new Redfin survey shows that one-third of all boomer homeowners have no intention of selling their home. This further legitimizes claims that a “silver tsunami” of housing inventory is unlikely to materialize from older homeowners.

While another 30% said they will eventually sell their homes, they’re not planning to do so anytime within the next decade, according to the survey. The likelihood of selling also decreases with more advanced age, with nearly half (44.6%) of the Silent Generation — those born details ⇒

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