Zillow is calling it the “Silver Tsunami” in a new analysis in which they estimate that 27 percent of today’s owner-occupied homes will become available by 2037.
How did they come to this conclusion? It’s simply that as more and more of the Baby Boomer generation passes way their homes will become available. Zillow estimates that from 2017 to 2027 920,000 homes will become available annually and that between 2027 and 2038 that number will rise to 1.17 million homes annually.
This means that roughly 20 million homes will hit the market through the mid-2030s!