By Judy Dutton | realtor.com
If you’re trying to buy a home for your growing family but find that the pickings are slim, now you’ve got someone to blame: baby boomers. The Washington Post recently blasted this age group for clogging up the real estate pipeline. Apparently, experts say they should be downsizing into smaller homes now that their kids have flown the coop—but these empty nesters just aren’t budging.
“They appear to be staying in the family home longer than previous generations,” Sean Becketti, chief economist of Freddie Mac, told the Post. And this, he says, has created an “imbalance between housing demand and supply.”
