5-1-16 Sunday's TMM - Why are more home not up for sale?

With 10,000 baby boomers reaching retirement age each day, normally would see them selling their homes and downsize.  However, that's not happening because the kids of baby boomers are not able to find jobs and are moving back home delaying their parents desire to sell their home.  

 NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move mortgage rates either up or down.  This short podcast is the audio version of the daily video known as Today’s Mortgage Minute that appears on hundreds of radio, television and newspaper websites across the United States and can be seen by millions of consumers each month.  David welcomes your feedback in the comment section below.