Housing Trends

A wave of baby boomer home sales probably won’t resolve the housing shortage

Zillow data show these homes aren’t where the jobs are

Even before the COVID-19 pandemic, the U.S. housing market has been out of balance, with demand outstripping the supply of single-family homes. The pandemic, with its remote work opportunities, just made it worse.

This year, housing inventory finally started to improve, but even with millions of baby boomers downsizing, the homes that are expected to sell in the next few years, in what real estate marketplace Zillow calls a “silver tsunami,” won’t help that much because ...