Baby boomers and their cash are driving the real estate market right now
Whether you're considering buying or selling a home these days, chances are you're either a baby boomer, or one that supports you financially. At $436,800, the median home US sale price It is still significantly higher than the $329,000 median price seen in the quarter just before the late winter 2020 period, when the Covid-19 pandemic hit. And it continues to rise little by little: the monthly index of the housing market S&P CoreLogic Case-Shiller showed relative price increases for February, March and April. “The ongoing recovery in house prices is broad-based,” Craig Lazzara, managing director of S&P DJI, said…
