The anticipated "silver tsunami" of homes from older, downsizing owners is unlikely to bring relief to Seattle's housing affordability crisis, according to new research from Zillow. While the nation's empty-nester households represent a significant share of the potential housing supply, these homes are primarily located in more affordable markets far from Seattle, where housing shortages are most severe.The study reveals that in 2022, approximately 20.
However, only 13% of Seattle households are classified as empty nesters, below the national average of 16%."Metros with some of the largest shares of millennials and Gen Zers moving in are among the nation's most expensive," the report said.This dynamic exacerbates the existing housing affordability challenge.