According to new housing market research, baby boomer homeowners may be pushing young homebuyers out of the market. As home values and prices continue to increase, many younger Americans are unable to afford down payments due to low income jobs and school debt. Home builders are now targeting an older generation, age 55 and up, who are more likely to have equity. Older homeowners are expected to help home sales this year as it is a prime time for the age group to buy, according to experts. More here
