Declining boomer ownership will free up 9.2 million homes by 2035, Freddie Mac says

• Declining boomer ownership will free up 9.2 million homes by 2035, a Freddie Mac report found.
• The 32 million homes owned by boomers will drop to 23 million by 2035, when the oldest members of the group are pushing 90.
• Homeownership rates "gradually starting to decline as households age beyond age 75," the report said.

As baby boomers age, their homes are going to increasingly be hitting the open market. A new report from Freddie Mac estimates that declining homeownership for the group will free up 9.2 million homes by 2035.