The silver tsunami refers to the gradual shift in the housing market as Baby Boomers (born 1946-1964) transition out of homeownership. While this was expected to flood the market with homes, many Boomers are staying put longer than predicted, keeping inventory tight. In Washington, Boomers own 37% of homes statewide, with even higher concentrations in areas like Mount Vernon-Anacortes. As some relocate or pass homes to heirs, suburban markets may see gradual increases in inventory, offering opportunities for younger buyers. While the impact won’t be sudden, it will shape real estate trends for years to come. You can read the blog article here.