Luxury housing market led by Gen X

Generation X adults (ages 31 to 45) are expected to lead the recovery in the South Florida luxury housing market. The Florida Association of Builders conducted a survey of 10,000 buyers and found that adults ages 31 to 45 were most likely to purchase a luxury home.

While Gen X isn’t Florida’s largest population group, it is the most active age group. Gen X adults are in full force with their careers and are now looking to grow and expand their families, requiring new accommodations.

This age group also comes with their own distinct set of home preferences. They prefer a home with a large lot in a gated community, making Landmark Ranch Estates or Parkland Golf and Country Club a perfect community for Gen X.