Boomer homes to flood US market in 2020s, 2030s

A flood of homes will come on the market in the next 20 years as Boomers age - enough to affect local economies in traditional retirement areas, according to real estate/rental company Zillow. Currently, about a third of US homes are owned by people 60 and older, and more than 27% will become available by 2037 as owners pass away. Specifically, from 2007 to 2017, roughly 730,000 US Boomer homes were released into the market annually. That number is set to rise to 920,000 per year from 2017 to 2027, and to 1.17 million per year from 2027-2037.