How Baby Boomer Home Ownership is Affecting the Market

Why We're Not Seeing a Housing Supply Boom

In recent years, there's been much speculation about the impact of aging baby boomers on the housing market. Many predicted a flood of homes hitting the market as this generation downsized or moved into retirement communities. However, the reality is proving to be quite different. Let's dive into why we're not seeing the expected "boomer boom" in housing supply.


Baby boomers, now aged 60 to 78, continue to hold substantial sway over the U.S. housing market. This generation owns a significant share of the country's homes, particularly larger properties with three or more bedrooms. Contrary to earlier predictions, however, they are not selling their homes in large numbers. Instead, many are opting to stay put for a variety of reasons.


One key factor is the preference for aging in place. Many baby boomers choose the comfort and familiarity of their long-time homes rather than moving elsewhere. For those who do consider selling, financial disincentives often come into play. Over half of baby boomer homeowners own their homes outright, eliminating mortgage payments. Meanwhile, those who still have mortgages typically enjoy very low interest rates secured years ago. Selling in today's high-rate environment would likely result in higher borrowing costs, making the prospect less appealing. Additionally, the high costs associated with downsizing or relocating to retirement communities deter many from making a change.


This trend of baby boomers holding on to their homes impacts the housing market in several ways. One major effect is the inventory squeeze, which has made it challenging for younger generations, particularly millennials seeking family homes, to find available properties. However, experts project a gradual increase in supply as older homeowners inevitably sell their homes over time. According to the Mortgage Bankers Association, around 4 million existing homes from this demographic will enter the market annually through 2032. The growing demand from younger buyers and population growth is expected to absorb most of this supply increase, preventing a sudden market saturation.


Looking ahead, while baby boomers' influence on the housing market is notable, the expected shift is not as dramatic as some had anticipated. Demographic changes are projected to result in a modest excess supply of approximately 250,000 units per year over the next decade. However, the slow and steady nature of this transition is likely to have minimal impact on overall house price growth. The effects will vary by region, depending on local demographics and market conditions.



For potential buyers, sellers, and investors, these trends offer valuable insights. Buyers should not expect a sudden influx of available homes, especially larger family properties, as the market is likely to remain competitive. For baby boomers considering selling, this is an advantageous time, as demand for spacious homes in desirable locations remains strong. Investors, on the other hand, should monitor regional trends and factor in these long-term demographic shifts when planning their strategies.

Dive-In Movies at The Cosmopolitan of Las Vegas: Summer 2025

June 9, 2025
This summer, The Cosmopolitan of Las Vegas invites guests to its iconic Boulevard Pool for the return of Dive-In Movies, a unique poolside cinema experience. Every Monday evening from May 19 to September 1, guests can enjoy a selection of blockbuster hits and timeless classics projected on a 65-foot digital marquee, all while lounging poolside or taking a dip in the pool. Event Details: • Dates: Mondays, May 19 – September 1, 2025 • Doors Open: 6:15 PM • Movie Starts: 8:00 PM • Location: Boulevard Pool, Level 3, accessible via the Boulevard Tower escalators • Admission: $15 for non-hotel guests; $10 for Las Vegas locals with valid ID; complimentary for hotel guests, Identity Membership & Rewards members, first responders, and military personnel with valid ID; children aged 5 and under are free. Upcoming Movie Lineup: • June 9: Harry Potter & The Sorcerer’s Stone • June 16: Wicked • June 23: The Goonies • June 30: Top Gun • July 4th: Top Gun: Maverick • July 7: Despicable Me • July 14: Inside Out 2 • July 21: Happy Gilmore • July 28: Elf • August 4: Lilo & Stitch • August 11: Twilight • August 18: Mean Girls • August 25: Legally Blonde • September 1: Good Burger  For those seeking a more luxurious experience, cabana and daybed reservations are available, which include a food and beverage minimum and complimentary admission to Dive-In Movies. Reservations can be made by calling 702.698.6797. Whether you're a hotel guest or a local resident, Dive-In Movies at The Cosmopolitan offer a memorable way to enjoy a night out under the stars with the Las Vegas Strip as your backdrop. The above info is subject to change, stay up to date on The Cosmopolitans website. https://cosmopolitanlasvegas.mgmresorts.com/en/entertainment/dive-in-movies.html

Wagging Tails Rescue: Giving Hope to Homeless Dogs in Las Vegas

June 4, 2025
Nestled in the heart of Las Vegas, Wagging Tails Rescue is a dedicated 501(c)(3) nonprofit organization committed to saving homeless and abandoned dogs from high-kill shelters and owner surrenders. Unlike traditional shelters, Wagging Tails Rescue operates through a network of loving volunteers and foster homes, providing temporary safe havens for dogs — especially pregnant moms and orphaned puppies — until they find their forever families. With no physical facility, the rescue’s strength lies in its community of passionate foster caregivers who nurture these pups with love, care, and attention. Beyond rescuing dogs, Wagging Tails Rescue champions responsible pet ownership through education on spay/neuter, positive behavior training, and proper nutrition. Want to meet some of these adorable dogs and maybe even adopt? Keep an eye on their Instagram @waggingtailsrescuelv for updates on frequent adoption events. From fun puppy yoga sessions to gatherings at Petco and even “Puppies and Pints” at Lovelady Brewery, there are plenty of opportunities to support and connect with this amazing rescue. Every wagging tail tells a story — and at Wagging Tails Rescue, those stories always end with hope and a happy home.

Las Vegas Parking Guide

May 27, 2025
If you’re a first-time visitor to Las Vegas, the idea of paying for parking might not be as big of a deal as it is to those of us who’ve been around for a while. Just a few years ago, it was practically unheard of to pay for parking on The Strip. Free parking was a standard expectation for both locals and casino guests alike. But times have changed, and many of the big casinos along the iconic Las Vegas Strip have started charging for parking. While we’ll let you draw your own conclusions about whether or not parking fees are justified (locals, we feel your pain), we’re here to guide you on where to park on the Las Vegas Strip. So, buckle up, and check out our list to see where you can park for free as a local! First three hours of self-parking are free for locals: • The Aria • The Bellagio • Caesar’s Palace • The Cosmopolitan • The Cromwell • The Excalibur • The Flamingo • The LINQ • Luxor • The MGM & Park MGM • Planet Hollywood • Wynn & the Encore Free Parking across the board • Rio • The Palms As a final tip when it comes to visiting the strip: Check and see if the casino does any sort of parking validation. A lot of times they will give you free parking if you spend a certain amount of money inside, are a guest (on a staycation) or are a certain tier level among their rewards programs. Remember, it never hurts to ask. If you're visiting Las Vegas, be sure to check with your hotel about whether parking and valet services are included when you book your room. It's a cost worth factoring into your trip planning!
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