Downsizing into a smaller home has been a rite of passage almost exclusively for empty-nesters and retirees. But as home prices and mortgage rates rise and the inventory of homes for sale shrinks, younger generations might find upsides to downsizing earlier in life. If you don’t need a bigger home, downsizing earlier could work in [...]

Baby Boomers have become one of the major drivers of rental demand over the past decade, according to a study by Harvard University’s Joint Center for Housing Studies. Other research finds that Boomers accounted for twice the growth in renter households as millennials did since the recession — and their ranks will only grow as [...]