Boomers aren't downsizing, more bad news for young couples looking for homes.
My mom recently told me that she refuses to move into a smaller condo/townhome unless her health forces the issue. Her reasoning is that she lived in small, crappy homes nearly her whole life and loves living in a bigger (3000 sq/ft), nicer home in a nice neighborhood. Add to that lack of inventory, I honestly don't blame her.