Older buyers — who are more likely to purchase homes with cash — have been less affected by elevated mortgage rates.

"The perception of aging has changed dramatically" since the last 40 years, the boomer woman said. "I don't quite feel like a senior citizen." ...

Recent data from the Federal Reserve highlights the age split in the U.S. economy. Baby boomers owned about 51% of all household wealth at the end of 2024, while millennials accounted for roughly ...