Newsweek: Baby boomers reignite housing market

Newsweek: Baby boomers reignite housing market
Before the crash, older home-buyers were already big players in the real-estate market, and now their influence is growing. According to the National Association of Realtors, people over 55 bought 21 percent of the homes that were sold in 2008, up from 13 percent in 2001.