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I went to an estate sale to find out why millennials and Gen Zers love buying cheap stuff from aging baby boomers

People love to complain about baby boomers, including that they have a lot of stuff. They’re hoarding all the houses, they’re keeping all the money, they’re materialists who have accumulated an exorbitant amount of possessions. There are a couple of problems with these gripes: For one, no generation is a monolith, and everybody amasses things over the course of their lives, so back off. But more importantly, youths and slightly-beyond-youths, the stuff pileup is actually to your benefit.

The golden age of boomer estate sales is upon us, and while you probably don’t want all the wedding china that’s about to flood the market, there’s a lot of other neat stuff you can pick up. Think knickknacks for Gen Z maximalists, midcentury modern decor, and so much silver that one estate seller says the weighing it all makes her team “feel like drug dealers.” Over the next couple of decades, baby boomers’ stuff has to go somewhere, and that rehoming process is increasingly taking place at estate sales.

“I call it the tsunami of stuff,” says Julie Hall, the director of the American Society of Estate Liquidators. “It’s cresting.”


There are … a lot of baby boomers. America’s over-65 population reached 55.8 million in 2020, and an additional 42.4 million are in the 55-64 age group (which, yes, catches some Gen Xers). This adds up to nearly 100 million people who have amassed a large amount of possessions — stuff they bought, stuff they got from their own parents, stuff their kids stuck them with.

“They kept everything,” says Sarah Hersh, one of the owners of Ben Hersh Estate Sales in New Jersey. Boomers were the first American generation to come up in an era of mass production and blatant consumerism, and many of the things they bought were built to last. “When we go into these houses of the boomer generation, they’re packed to the rafters with stuff from the mid-century to current.”

You can’t take it with you, and there are plenty of people willing to scoop up the stuff you’ve left behind.

Many elders would prefer to keep all of this stuff in the family, but their kids, grandkids, nieces, and nephews don’t want to inherit much, or simply don’t have the space. Enter the estate sale — pop-up limited-time museums of a person’s life, where everything on the premises is for sale.

“Boomers were an era of collectors. They believed in entertaining, and they believed their possessions had value, so they were proud to amass large collections of things to display to the world,” Hersh says. “We don’t really live like that anymore, but those things make for excellent inventory for resellers and the new younger generation of consumers who are into that vibe.”

Gen Z likes the appeal of sustainability, plus they’re into “cottagecore” and “grandmacore” aesthetics. Millennials and Gen X want midcentury modern and utilitarian pieces.


I recognize estate sales can sound a bit morbid at first, but not all offloadings come after a funeral. There are actually four Ds to estate sales: downsizing, divorce, decorating, and, yes, death. That latter one may give you the heebie jeebies, but as the saying goes, you can’t take it with you, and there are plenty of people willing to scoop up the stuff you’ve left behind.

Janelle Stone, a high-end estate liquidator, operates out of what she calls the “mecca of estate sales” — Dallas — and sees her line of work as a goldmine. After decades of minimalism in fashion and design, maximalism is back. She’s started buying plate hangers to put dishes on display again and marvels at 20-something shoppers grabbing various tchotchkes. Furs have gone “insane,” she says, and the same goes for vintage fashion. Customers will wait in line for two hours for a Herend porcelain starfish they’ve scoped out online prior to the sale. “You’re never going to completely clear a house, but it’s pretty amazing,” she says. “People know what they want, and they come and buy.”

It’s a huge moment for sterling, given the increase in the price of silver, which hit an all-time high of over $120 per ounce at the start of the year. (It’s since come back down but is still in the $85 range.) Stone tells me it’s affected how they price it — they can’t be as aggressive, because nobody can afford to pay $16,000 for an eight-piece silverware set, and the smelters are so inundated they might not even take it. Hence the drug dealer analogy: “We have to weigh it out. I mean, we look like drug dealers with our gram scales and baggies everywhere,” she says.

Hersh, in New Jersey, concurs on the popularity of sterling silver and vintage clothes, and adds that vintage collectibles, jewelry, toys, and electronics are also a big draw.

Not everything is flying off the estate sale shelves. Hersh says midcentury modern furniture still sells, but “it’s not as strong as it was.” Few buyers are into china, etched crystal, and glass. The big brown furniture that’s long sat in baby boomers’ and the silent generation’s homes often goes unwanted.

“A general rule of thumb is the bigger and heavier and darker a piece is, the more likely it’s going to remain there and not be sold,” Hall says. Younger generations tend to prefer smaller, portable pieces. Hersh tells me clear glass isn’t a popular seller “no matter what you do.”

A lot of baby boomers have china. Sadly, no one wants it.
Emily Stewart/Business Insider

The same goes for glassware. There’s just not a lot of demand.
Emily Stewart/Business Insider

I recently witnessed this for myself at an estate sale in Long Island, New York. It was a lazy Sunday, so I showed up during the last hour of a five-hour sale. The first thing I noticed when I walked into the kitchen was two sets of china, one of which looked very similar to the set my mother has. Around the corner was a big brown hutch filled with stacks of crystal and clear glassware, and there was more in the basement. My main thought was we should shut down Ikea immediately and never buy new dishes or glasses again.


The internet has changed and accelerated the scale of the estate industry, just as it has every other part of the economy. Everyone can look up what everything costs, so sellers have to do their research and can’t simply guesstimate a fair price anymore. Sellers often post what’s available online ahead of time, so buyers can pinpoint exactly what they want before they show up in person.

And then there are the resellers — technology has given birth to a plethora of resale platforms, from eBay to Depop to Whatnot, and droves of people eager to turn flipping used stuff into a side hustle or even a full-time gig. Most of the estate sellers and aficionados I spoke to for this story had tales about this development. Hersh tells me resellers are “vicious,” and on certain sales, flipped me up the first 50 people in line. “They are like elbowing each other out of spaces to get to stuff,” she says.

Hall points out that the resellers are generally a positive for estate sales — after all, the goal is to get rid of everything in the house, and who cares if someone plans to put it on eBay for triple the price. But they can be pushy, asking for deals. “Resellers sometimes want more of a bargain, and a lot of times we cannot give it to them on the first day,” she says. “It’s not for the faint of heart.”


a cool bar at an estate sale

My recent estate sale experience included this very cool basement bar, and a lot of unwanted items. 

Emily Stewart/Business insider



Maddy Brannon, an estate sale influencer based in Washington, DC, says she prefers to hit up estate sales later in the day so she doesn’t have to duke it out with the pros. She stumbled into the market when she and her husband were looking to furnish their home, and now she uses her experience to pass along useful tips to the noobs.

“You don’t need to be the first person at the estate sale unless you saw something on the listing you absolutely have to have,” she says. She’s not sure if it’s the “Disney World effect” or what, but people worry about long lines and feel like they must be first in at all costs. Plus, later in the day, you’re more likely to get a discount.

Brannon’s other pieces of advice included going during the week to avoid crowds and making sure you understand the rules of getting in — for some sales, waiting in line isn’t enough. Instead, the executor will call you in by name or number. And don’t shop off the “hold” table, where shoppers place items they want to buy. “People get really upset about that,” she says.


There’s genuinely something quite nice to all of this, albeit awkward. We spend our lives accumulating things and, over time, getting attached to them. Getting rid of them can be emotionally fraught, especially if we’d hoped our loved ones would want them or believed they’d hold more value than they do. For many people, it’s a hard pill to swallow that their kids don’t want their prized tea set, but acknowledging that is also permission to let it go.

There’s a peculiar sense of intimacy to estate sales — you walk through someone’s home, touch their things, look through their drawers, and get to make up stories about them based on their possessions. The golden age of estate sales isn’t just about the “goldmine” of inventory or the “vicious” hustle of the resale market, it’s about the way we experience life through tangible items — and how those things can live multiple lives, even ones we’re not involved in.

So next time you see an estate sale nearby because your boomer neighbors are finally selling their family home and moving to a condo in Florida, instead of begrudging that it took so long, pop over to see if you can pick up a vintage Le Creuset.


Emily Stewart is a senior correspondent at Business Insider, writing about business and the economy.

Business Insider’s Discourse stories provide perspectives on the day’s most pressing issues, informed by analysis, reporting, and expertise.




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James Rodriguez

The housing market has been brutal for millennials. So why are first-time homebuyers getting younger?

Buying a first home is generally considered a young person’s game. If your 20s are for stumbling through adulthood, then your 30s are for settling down with a family and a mortgage. Your 40s are for reaping the fruits of that labor: as you watch your home equity swell, maybe you think about splurging for more bedrooms and a bigger yard.

A report released last fall by the National Association of Realtors upended this basic assumption. For several decades, the typical age of first-time homebuyers bounced around the early 30s, never surpassing 33. Last year, though, the group’s annual survey found the median age of first-timers had hit a record high of 40, capping off a four-year surge that began during the pandemic-era housing shuffle. The message was loud and clear: Picking up the keys to your first place is no longer an “early adult” thing. Now it’s part of your midlife crisis.

Cue the hand-wringing. “First-home homebuyers are older than ever,” declared headlines from The New York Times and Axios. “Many would-be buyers are frozen out of the housing market,” warned another. For my own story, I dubbed this new era the “age of the geriatric homebuyer.” I spoke with a woman who placed her first winning bid on a home at 42 and couldn’t shake the feeling that she was behind. In light of the NAR’s latest data dump, however, she appeared to be merely another example of the sea change in real estate.

The splashy number seemed to confirm our worst fears about the housing market: only old, rich people are having any luck, and younger generations are struggling to break in. The optimists’ take was that elder millennials still had some breathing room. For those inclined to doomerism, though, it was more proof that a classic marker of adult success was drifting further out of reach.

“It is very consistent with this idea that housing affordability is very strained,” says Chen Zhao, a senior economist at the brokerage firm Redfin, “and therefore you have to be older to afford a house right now.”

There’s just one problem: The death of the thirtysomething homebuyer may have been greatly exaggerated. A new analysis from Redfin, shared exclusively with Business Insider, found that the median age of the first-time buyer last year was 35 — a slight decrease from the year prior. It adds to the growing pile of evidence that the new median of 40 was a mirage. While millennials, now 29 to 45, generally lag behind boomers on the homeownership front, the purchasing milestone hasn’t shifted nearly as much as the NAR report suggests.


If you want to understand the housing market’s ebbs and flows over the past couple of decades, Redfin’s analysis is a helpful starting point. Economists there found the median age of first-time buyers climbed slowly but steadily from 2008 to 2018, peaking at 38, before bouncing around the mid-30s in the following years. Zhao tells me the trend makes intuitive sense: banks tightened up lending standards after the housing bubble burst in 2008, making it tougher to get a mortgage and buy a house. Then mortgage rates began ticking downward before plummeting in 2020 and 2021, reaching a 50-year low as the Federal Reserve slashed borrowing costs to fight inflation. All those cheap home loans made it easier for younger people to break into the market, and the first-time homebuying age fell to 34 in 2021 and 2022. Then rates jumped, and the median age of first-timers followed suit, rising to 35 in 2023 and 36 the following year. Affordability improved slightly in 2025, thanks to slower home-price growth, rising wages, and marginally lower mortgage rates, which could explain last year’s decrease in the median age.

While the NAR and Redfin analyses both point to first-time homebuyers generally getting older, the latter’s numbers are way less dramatic. Redfin isn’t the only one pushing back on the idea that the typical buying age skyrocketed over the past few years. A growing number of economists have chimed in to suggest the situation isn’t nearly so dire. Studies by the Federal Reserve Bank of New York and the American Enterprise Institute found that the median age of first-timers was basically unchanged at 33 between 2019 and 2024, before rising slightly last year to 34. Researchers at the Mortgage Bankers Association similarly found a modest increase from 30 to 33 over the decade leading up to 2024, followed by a dip to 32 in 2025.

Connor O’Brien, a fellow at the DC-based think tank Institute for Progress, analyzed the Census Bureau’s American Housing Survey and American Community Survey and found that the median age for all buyers had ticked up since 2000 but hovered around 42 in 2023, while NAR reported a median age for all buyers of 49 that year and a stunning increase to 59 just two years later. That Census data only runs until 2023, but O’Brien says he doesn’t see any reason to believe that the typical buying ages would have undergone a seismic shift in two short years, given the housing market’s stasis.

“It seemed totally implausible,” O’Brien tells me.

So why the discrepancy? The rebuttals to NAR’s data all draw upon national data sources that researchers say are far more robust than the Realtors’ annual survey of recent homebuyers, which is conducted via mail and text message. In July of last year, the NAR sent the 120-question survey to a nationally representative sample of more than 173,000 recent homebuyers but received just 6,103 back, a response rate of 3.5% (the census’ American Community Survey, by contrast, sees a response rate of more than 80%). The New York Fed and the Mortgage Bankers Association relied on the Consumer Credit Panel and the National Mortgage Database, which sample millions of underlying documents, like mortgages and credit reports, to take the temperature of the American homebuyer.

It seemed totally implausible.Connor O’Brien, fellow at the Institute for Progress

Redfin’s analysis also uses Census data, specifically an annual supplement to its Current Population Survey, which asks households who moved in the past year why they did so. The survey doesn’t separate first-time buyers from repeat buyers, so Redfin used a proxy: it counted respondents as “first-time buyers” if they said they moved because they wanted to own rather than rent, or to start their own household, implying they’d previously been living with roommates or parents.


A red for-sale sign from the brokerage firm Redfin in front of a house

A Redfin analysis of census data shows the typical age of first-time homebuyers actually decreased slightly last year to 35.

Smith Collection/Gado/Getty Images



Jessica Lautz, the NAR’s deputy chief economist and vice president of research, says in an emailed statement that the organization stands by its methodology. Lautz describes the NAR’s survey as “the only national survey that asks primary residence buyers if they are a first-time buyer or repeat buyer,” and points out that analyses of mortgage and census data must rely on varying degrees of assumptions in order to parse first-timers from the rest of the pack — mortgage data, for example, doesn’t include all-cash buyers. Some of those assumptions, she says, no longer match the reality of the new housing market.

“Marriage and divorce do happen, inheritances are gifted, all-cash buyers happen, and sometimes a household may have to rent temporarily before owning again,” Lautz says in the statement. “Homeownership has become out of reach for the typical young adult in America.”

Redfin’s methodology isn’t perfect — taken on its own, I’m not sure it would unseat the NAR’s estimates. It’s important to pay attention, however, because it adds to the mountain of evidence that first-time buyers aren’t suddenly getting way older.

“Because no data source is perfect, what you really want to do is say, What is the bulk of the evidence showing me?” Zhao tells me. “When we compare our results to analyses that other people have done looking at credit bureau data or mortgage data, it seems to support the idea that the age of the first-time buyer has not increased all that much.”


This might sound like a bunch of bickering and hair-splitting, a squabble among housing nerds. But the conclusion — that people are still buying homes at roughly the same age they were a couple of decades ago — has far-reaching implications.

“People are potentially going to make policy based on their view of how the economy and housing market are developing,” O’Brien tells me. “If their views are fundamentally incorrect, that could be a big problem.”


A real estate broker brings in a sign at the end of an open house for a modern, single-family row house in Chicago's Woodlawn neighborhood

The homeownership rate for millennials in their early 30s still lags well behind that of baby boomers at the same age.

Eileen T. Meslar/Chicago Tribune/Tribune News Service via Getty Images



The takeaway shouldn’t be that things are fine and dandy for millennial homebuyers, though.

We don’t have enough housing where people want to live, and where people find the job markets that they want to participate in.Ben Glasner, senior economist at the Economic Innovation Group

A recent analysis of census data by Ben Glasner, a senior economist at the Economic Innovation Group, found that while millennials and boomers were about as likely to own homes at 44, the ownership rate among 32-year-old millennials (41.3%) was well below the 54.7% for boomers at that age. And while Redfin and NAR pulled vastly different homebuying ages from their data, both groups advocate for more housing construction. Glasner draws a similar conclusion.

“We don’t have enough housing where people want to live, and where people find the job markets that they want to participate in,” he tells me.

The “40-year-old” finding had all the proper ingredients for virality: a nice, big number that confirmed what everyone already felt to be true about the dismal state of the world. Things are rough out there for millennial homebuyers, no doubt. But the goalposts haven’t moved as much as we thought — at least, not yet.

“I think a lot of times people feel like, Well, if I can’t achieve the homeownership step, it’s kind of like I can’t move forward with my life,” Zhao tells me. “And I think that’s why people are very hung up on this number.”


James Rodriguez is a correspondent on Business Insider’s Discourse team.




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