More than 33 percent of baby boomers who are homeowners said they will never sell their homes, real estate brokerage Redfin said in a June 18 statement detailing the results of a survey.
“Another 30 percent say they’ll sell their home at some point, but not within the next decade,” the report stated. As for older people, the survey revealed that they are even less likely to sell than baby boomers. Nearly 45 percent of the Silent Generation do not plan to sell their residential properties.
