Like in many other places around the Sunbelt, millennials and baby boomers are driving the new-home market in South Carolina. They have very different preferences. The Post and Courier reports:

On one hand, millennials are just entering the home-buying market and starting families. On the other, baby boomers relocating from colder climates are downsizing.

Their housing preferences are being played out in high-growth places along the coast as retirees flock to 55-plus communities and other developments while young professionals and young families settle into apartments or starter homes.

They also happen to be the largest population groups in the U.S.

Baby boomers, born between 1946 and 1964, make up the largest sector at 74.1 million, according to the Pew Research Center. Already they have made their mark on the residential real estate up and down the coast, from Myrtle Beach to the Hilton Head area.

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