Home Source, April 11, 2025

National Association of Realtors

WASHINGTON, D.C. — In a shi that underscores changing dynamics in the housing market, baby boomers now make up the largest generational group of homebuyers, according to the National Association of Realtors.

NAR’s 2025 Home Buyers and Sellers

Generational Trends report, which examines the similarities and di erences among recent homebuyers and sellers across generations1, found that the combined share of younger boomers (ages 60–69) and older boomers (ages 70–78) rose to 42% of all homebuyers in the past year. Millennials dropped to 29% of all buyers — down notably from 38% a year ago. Generation X buyers (ages 45–59) held steady at 24%.

“In a plot twist, baby boomers have overtaken millennials — the largest U.S. population — to become the top generation of homebuyers,” said Jessica Lautz, NAR

Baby Boomers regain top spot as largest

deputy chief economist and vice president of research. “What’s striking is that half of older boomers and two out of ve younger boomers are purchasing homes entirely with cash, bypassing nancing altogether.”

While older buyers were more likely to pay cash, younger generations were much more likely to rely on nancing and family support. More than 90% of buyers 44 years and younger nanced their home purchase. Twenty-seven percent of younger millennials (ages 26-34) and 13% of older millennials (ages 35-44) cited a gi from a relative or friend as one of the sources for their down payment.

The report revealed that 24% of recent homebuyers were purchasing for the rst time, a signi cant drop from 32% last year. First-time buying was most common among younger millennials (71%), while older millennials are now more likely to be repeat buyers.

Robert Daly / Getty Images Baby Boomers are heating up the housing market, according to a recent survey.

Spring is the perfect time to inspect and enhance your home.

Get your home ready for warmer weather with these seasonal tips

Brandpoint Content

As winter fades and spring approaches, it’s time for homeowners to prepare their homes for the changing season. Freezing temperatures, heavy rains and snow buildup can take a toll on your property, making spring maintenance essential for preventing costly repairs and keeping your home in top shape.

“The transition from winter to spring is the perfect time for homeowners to inspect their property for any damage caused by cold weather,” said Bonnie Lee, vice president of Property Claims at Mercury Insurance. “By tackling maintenance tasks early, you can prevent small issues from becoming bigger problems as temperatures rise.”

Spring home maintenance checklist

• Inspect gutters and prepare your roof for spring storms: Winter weather can leave gutters clogged with debris. Clear out your gutters and ensure downspouts are secure to prevent water damage. It’s also a good time to check for visible roof damage and trim overhanging branches. For added protection, homeowners may consider sealing their roof deck and asking their contractor about the forti ed roo ng standard, as recommended by the Insurance Institute for Business & Home Safety. These steps can help reduce water intrusion and better prepare your home for severe

spring weather.

• Check for exterior damage: Look for cracks in your foundation, siding or driveway that may have developed due to freezing and thawing cycles. Repairing them early can prevent further deterioration.

• Service your HVAC system: Before warm weather arrives, schedule an HVAC tune-up to ensure your air conditioning system runs e ciently. Replace air lters and check vents for proper air ow.

• Test smoke and carbon monoxide detectors: Spring is a great time to test alarms and replace batteries to keep your home safe.

• Examine windows and doors: Check for dra s and reseal or replace weather stripping as needed. This helps improve energy e ciency and keeps pollen and allergens from entering your home.

• Inspect outdoor plumbing: Freezing temperatures can cause pipes to crack. Turn on outdoor faucets and irrigation systems to check for leaks before regular use.

• Clean and seal decks and patios: Winter moisture can lead to wood rot and mold. Power wash, reseal and inspect for damage to keep your outdoor spaces in great condition.

• Prepare your landscaping: Trim overgrown branches, remove dead plants, and refresh garden beds with new mulch

Courtesy photo

the

Homebuyers

Continued from 2

“Older millennials are buying bigger and newer homes with larger down payments than their younger counterparts,” Lautz added. “This shi re ects the increasing role of equity in enabling repeat purchases, especially among older generations, while younger buyers continue to face a ordability challenges.”

Generation X homebuyers continued to lead all generations with a median household income of $130,000, followed by older millennials at $127,500.

Seventeen percent of all homebuyers purchased a multigenerational home — up from 14% last year. Generation X led the way, with 21% choosing multigenerational living, followed by younger boomers at 15%.

“Gen Xers are today’s sandwich generation,” said Lautz. “They are purchasing multigenerational homes to accommodate aging relatives, children over the age of 18 and even for cost savings. While Gen X are purchasing at the highest household incomes, they may still feel the squeeze as they aim to nd a home that serves everyone.”

Meanwhile, Generation Z — though still a small segment of the market (3% of all buyers) — had the highest share of single-female homebuyers at 30% and, like millennials, they tend to purchase older homes compared to other age groups.

“Gen Z is slowly entering the housing market with the lowest household income and they’re more likely to be single than other buyers,” Lautz noted.

Nearly nine out of 10 buyers (88%) purchased their homes with the help of a real estate agent. Younger millennials (90%) were the most likely to use an agent. Referrals remain the primary method most buyers use to nd their agent. Referrals by friends, neighbors or relatives were higher among younger millennials (54%) and older millennials (42%) compared to older generations, which were more likely to work with an agent they had previously used to buy or sell a home.

The overwhelming majority of buyers — 88% — said they would use their real estate agent again or recommend them to others. This sentiment was even stronger among Generation X

buyers (91%) and those in the Silent Generation (93%), underscoring the enduring value of professional guidance across generations.

On the selling side, baby boomers again dominated, accounting for 53% of all sellers. Across all generations, sellers stayed in their homes for a median of 10 years. Younger millennials remained more mobile, typically selling a er ve years, while older boomers sold a er 16 years.

Ninety percent of home sellers worked with a real estate agent and homes typically sold for 100% of the nal list price. Younger millennials were the most likely to use an agent (94%) and o en saw the strongest returns — 27% sold their homes for 101% to 110% of the list price and 13% sold for more than 110% of the list price.

Methodology

NAR mailed a 127-question survey to 167,750 recent homebuyers in July 2024 using a random sample weighted to be representative of sales on a geographic basis. Homebuyers had to have purchased a primary residence home between July 2023 and June 2024. The survey received 5,390 responses from primary residence buyers. A er accounting for undeliverable questionnaires, the survey had an adjusted response rate of 3.2%.

Continued from 3

to encourage healthy spring growth.

Protect your home year-round

“By staying proactive with seasonal home maintenance, homeowners can protect their investment and avoid unexpected repairs,” Lee said. “A little preparation now can go a long way in ensuring a smooth transition into spring.” Seasonal maintenance is key to keeping your home in top condition, but having the right insurance coverage is just as important. Mercury Insurance o ers homeowners coverage to protect against unexpected damages and weather-related issues. To learn more about how Mercury Insurance can help safeguard your home visit MercuryInsurance.com.

$1,379,000 1496 Bolivar Ct 3 4 (3 1) 3237 0.31 225028634

$1,397,000 1585 Elmores Way 4 5 (4 1) 4346 0.36 225009936

$1,399,000 1278 Cornerstone Dr 4 5 (4 1) 3653 0.28 225012902

$1,399,000 1573 Zapata Dr 4 4 (4 0) 2728 0.26 225031044

$1,399,000 7112 Hearst Dr 4 4 (4 0) 4076 0.37 225031966

$1,399,000 5031 Brentford Way 4 5 (3 2) 3878 0.17 225029916

$1,420,000 2346 Loch Way 4 4 (3 1) 3556 0.58 225036732

$1,449,000

$1,450,000

$1,450,000

$1,454,885 5212 Wild Oak Ln 4 5 (4 1) 3371 0.897 225016811

$1,490,000 3185 Warren Ln 4 4 (3 1) 3138 0.25 225019875

$1,495,000 2040 W Green Springs Rd 4 4 (4 0) 9167 4.43 224152783

$1,495,000 1014 Via Treviso 5 5 (4 1) 3788 0.52 225028656

$1,499,000 4085 Morningview Way 5 3 (3 0) 3799 0.51 225029984

$1,499,000 5128 Wild Oak Ln 4 5 (4 1) 3983 0.33 225039566

$1,499,000 7090 Benevento Dr 4 4 (3 1) 3279 0.37 225038736

$1,503,206 5213 Wild Oak Ln 4 5 (4 1) 3371 0.7899 225016806

$1,550,000 3420 Diablo Trl 3 2 (2 0) 3436 10 225021878

$1,575,000 2071 Medici Way 4 5 (4 1) 4314 0.57 225007488

$1,575,000 8077 Benevento Dr 4 4 (3 1) 3279 0.39 225024967

$1,599,000 2650 Cobble Rock Way 6 5 (5 0) 4575 0.54 225028956

$1,599,999 2641 Giorno Way 6 5 (4 1) 4694 0.42 225026710

$1,625,000 3089 Corsica Dr 4 4 (3 1) 4073 0.58 225023023

$1,649,000 5083 Thalia Dr 4 5 (4 1) 3977 0.64 224119398

$1,649,000 3011 Driftwood Cir 5 4 (3 1) 4199 0.64 225024578

$1,675,000 1484 Elmores Way 5 5 (4 1) 4510 0.79 225028684

$1,685,000 1514 Elmores Way 5 5 (4 1) 4510 0.89 225026119

$1,695,000 5054 Nawal Dr 5 5 (4 1) 4003 0.53 225014021

$1,695,000 4101 Hawk View Rd 4 3 (3 0) 3512 9.36 225022879

$1,750,000 4040 Hawk View Rd 2 2 (2 0) 1200 9.24 223082075

$1,799,000 5100 Thalia Dr 5 4 (4 0) 3818 0.42 225042599

$1,800,000

$1,825,000

$1,850,000 3749 Mossridge Way 4 4 (3 1) 3956 0.31 225028771

$1,890,000 1712 Carnegie Way 4 5 (4 1) 4773 0.5 225034150

$1,899,000 3350 Greenview 5 5 (4 1) 4889 0.45 224037717

$2,195,000

$2,195,000 280 Powers Dr 4 5 (4 1) 5300 0.46 225004035

$2,195,000 3741 Greenview Dr 4 5 (4 1) 4766 0.48 225030810

$2,248,000 5320 Greyson Creek Ct 4 4 (3 1) 4052 0.48 225021660

$2,350,000 4033 Raphael Dr 5 5 (5 0) 4213 0.48 225024321

$2,399,000 5186 Breese Cir 4 6 (3 3) 5721 0.36 224088487

$2,400,000 5280 Breese Cir 5 4 (4 0) 4975 0.35 225021933

$2,448,000 2561 Capetanios Dr 4 5 (4 1) 3468 0.59 225027530

$2,448,000 5443 Sur Mer Dr 4 4 (4 0) 4345 0.48 225031929

$2,479,000 3944 Errante Dr 4 6 (4 2) 5272 0.55 224126838

$2,495,000 4185 Greenview Dr 5 5 (4 1) 5250 0.61 225003593

$2,498,000 4318 Greenview Dr 4 4 (3 1) 5051 0.73 225026838

$2,500,000 1520 Barcelona Dr 4 6 (4 2) 6033 0.59 225025132

$2,849,900 4950 Greyson Creek Dr 4 6 (5 1) 4163 0.48 225034351

$2,997,000 10 Powers Dr 4 7 (4 3) 5378 0.6 225036985

$3,099,000 5011 Greyson Creek Drive 4 6 (5 1) 4865 0.46 224152888

$3,398,000 1401 Fredlena Way 4 4 (3 1) 5020 3 225015384

$3,399,000 295 St Regis Ct 5 5 (4 1) 5071 0.59 225023117

$3,499,000 6325 Western Sierra Way 5 6 (5 1) 4369 0.69 225001057

$3,950,000

12604 Residential Homes resCue/luneman

sPrinGs soutH

12701 Residential Homes Greater PlaCerville

12704 Residential Homes

mt. aukum, soutH County

6701 Patsy Cline Ln 3 2 (2 0) 1742 8.11 225037551

$399,000 7255 Winding Way 3 2 (2 0) 1300 0.89 224103194

$419,000 4949 Sciaroni Rd 3 2 (2 0) 1530 0.49 225010310

$444,000 3210 Bridgeport School Rd 2 1 (1 0) 1080 1.6 225003887

$475,000 6180 Grizzly Flat Rd 3 3 (2 1) 2389 2.61 225018732

$495,000 5401 Mayfair Ln 3 2 (2 0) 1600 1.6 223078845

$510,000 5307 Pine Ridge Dr 4 3 (3 0) 3276 0.83 225018254

$540,000 7003 Pioneer D 4 3 (2 1) 2381 0.25 224089578

$549,000 3980 Sand Ridge Rd 3 2 (2 0) 1704 5.25 225004477

$550,000 5600 Upper Siesta Ln 3 3 (2 1) 2359 0.63 225022481

$569,000 6185 Ladies Valley Rd 2 3 (3 0) 1724 5.4 225038217

$599,950 7621 Fairplay Rd 2 1 (1 0) 2048 27.58 224117949

$619,000 6681 Klare Rd 3 3 (2 1) 1965 10.6 225016774

$625,000 5251 Cosumnes Mine Rd 3 2 (2 0) 2249 10 225019139 $635,000 3780 Bridgeport School Rd 3 2 (2 0) 2112 5.04 225020766 $649,000 7695-7697 Perry Creek Rd

$699,999 8161 Boondock Trl 1 4 (3 1) 2285 4.82 225013199

$724,000 5801 Stephanie Ct 2 2 (2 0) 1500 10 225039387

Squirrel Hollow Rd 3 4 (3 1) 2808 11.06 224131283

$999,000 3825 Ethelon Pl 3 4 (3 1) 3265 25.01 224116357

$1,050,000 6909 Flat Creek Rd 3 2 (2 0) 2394 14.58 225025035

$1,075,000 3921 Mariah Ln 4 4 (4 0) 2780 20 225033804

$1,100,000 5383 Dream Ranch Cir 2 2 (2 0) 1560 30 225037213

$1,199,999 5205 Rooster Ln 3 2 (2 0) 1700 18.55 225004382

$1,350,000 7449 Fairplay Rd 2 2 (1 1) 3790 14 224025953

$1,368,888 4675 D Agostini Dr 4 4 (3 1) 4287 10.29 225005722 $1,395,000 7201

$1,549,000 5150 Dagostini 3 4 (4 0) 3851 12.33 225003331

$1,799,999 7531 Fairplay Rd 4 3 (3 0) 3468 93 225000129

$5,450,000 1992-2000 Rabbit Ridge 3 10 (6 4) 4750 302 224005614 $5,500,000 8054 Fairplay

12705 Residential Homes

Coloma, lotus

12706

Greenstone, GolD Hill West

12801 Residential Homes

Camino, CeDar Grove

12802 Residential Homes

PolloCk Pines

$459,000 7126 Stacy Lane

Coach Lane,

15,

NMLS #705400.

by the Department of Business Oversight under the California Finance Lenders law - #6073455. CA Department of Business Oversight - 866-275-2677. California - Bureau of Real Estate Branch Of ce License Endorsement #00988341 1-2025

corner lot. Open floor plan that leads to a new deck overlooking a landscaped rear yard and pool. There’s a finished basement that would be

~ $1,189,000

Huge kitchen! Eight burner gas range, double oven, a built-in oversized refrigerator, two dishwashers, a very large butcher block island, a wet bar with a wine frig and a pantry to die for. Vaulted ceilings, and a six foot propane fireplace. The master Bedroom opens to the valley view and deck. The master bath w/free-standing slipper style soaking tub and a enormous shower. The double doors to the master closet reveals a large closet. Tile roof w/ solar.

~ $398,500

This 3 bedroom 2 bath home, has been freshly updated. The owners have installed a mini/split ductless HVAC system in all rooms, they have replaced the windows with energy efficient dual pane windows, Replaced the flooring, remodeled the hall bathroom, repainted the interior, and added a retaining wall to the front of the home. cozy brick fireplace with a wood burning insert. Detached 2 car garage. Rear yard is fully fenced.

Pines $499,900

and

&

The