Generational trends are impacting nearly every industry—such is the case for our homes. Here’s the question at hand: If the Baby Boomers are not downsizing from the big homes and Millennials and younger buyers want to buy a home, where are we going to find the land? And how will we ultimately make these structures more sustainable.
Consider these trends. The 2021 Home Buyer and Sellers Generational Trends Report from the National Assn. of Realtors, shows that Baby Boomers make up the largest share of sellers at 43% and when selling they trade for a home that has a difference …