
Over 40% of US Homeowners Are Now Mortgage-Free
New data reveals a record 40.3% of U.S. homeowners now own their homes without a mortgage, a trend driven primarily by the aging Baby Boomer generation.
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New data reveals a record 40.3% of U.S. homeowners now own their homes without a mortgage, a trend driven primarily by the aging Baby Boomer generation.

With over 70 million Americans aged 65+, baby boomers now lead the housing market, driving major trends in rightsizing, aging in place, and multigenerational living.

Baby boomers are now the largest group of home buyers and sellers, reshaping the US housing market with trends like rightsizing, aging in place, and multigenerational living.

Baby Boomers now own 41% of U.S. real estate, a portfolio worth $20 trillion that is nearly double the share held by millennials, new analysis shows.

Baby Boomers own nearly 41% of all U.S. real estate, valued at $20 trillion, dominating property wealth despite their smaller population share, according to a new report.

Baby boomers own 40.9% of US real estate, nearly double the 20.4% held by millennials, according to a new study. Boomers are also 5.2 times wealthier overall.