[Excerpt] This analysis considers the patterns of homeownership, delinquency, and foreclosure over this turbulent period in the housing market for a cohort of Americans born in the years1957 to 1964, the latter years of the “baby boom” that occurred in the United States from 1946 to 1964. Using the National Longitudinal Survey of Youth 1979 (NLSY79), this article shows the patterns of home-ownership over a 20-year period, from 1988 through 2008. Respondents were ages 23 to 31 at the start of this period and ages 43 to 51 at the end. In addition, it examines transitions in homeownership between 2008 and 2010, as well as patterns of delinquency and foreclosure over the period from 2007 to 2010.