Baby boomers are the wealthiest generation in the country, and they remain one of the most active in the housing market.
LendingTree researchers recently analyzed mortgage purchase requests in 2020 on its platform across the 50 largest metros nationwide to identify where baby boomers are most likely to buy a home. Baby boomers, born between 1946 and 1964, are making up a larger share of markets like in Las Vegas, Tampa, Fla., and Phoenix, the study finds.
View the breakdown of where baby boomers are most likely to buy, as well as their average down payments, loan amounts, credit scores, and more of this large homebuying segment.
Source: “LendingTree Ranks the Most Popular Metros for Baby Boomer Homebuyers,” LendingTree (April 27, 2021)
