Top Cities For Unmet Boomer Housing Demand

October 28, 2014


According to this recent Builder article, active-adult consumers will dominate future new-home demand as 52 percent of new-home buyers will be over 55 in the next five years. And while many of us love Chicago, boomers tend to like warmer climates. So it stands to reason that Chicago didn’t make the list of the top 10 markets expected to have a baby boomer housing deficit. But coming in No. 2 is Houston – a popular market for new residential projects for all ages. Just ask Taylor Johnson client Prime Property Investors as the firm has not one but two apartment projects in Houston, including the recently opened Alexan Auburn Lakes.

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Alexan Auburn Lakes, a community of 256 luxury apartments in Houston by Prime Property Investors, welcomed first move-ins earlier this fall.

 


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