Boston is a city for residents of all ages.
Empty Nesters
From Boston.com: Boston ranked No.1 city empty nesters will flock to in 2016
"Though you might think of Boston as a college town with mostly young professionals, the Hub has recently been on the radar for empty nesters who don't want to stay in huge suburban homes."
The article cites new rankings from Realtor.com with the top 10 cities empty nesters are likely to move to in 2016. For people aged 65 to 74, Boston was named as the city that they will most likely want to live. What are some of the factors attracting this demographic? Luxury building amenities -including elevators, single-floor living, fitness centers and spas, covered parking, doormen- and the promise of less maintenance. Walkability and the convenience of city living, as well as easy access to shops, restaurants and cultural venues, are also main drivers of this phenomenon.
Millennials
From Boston Business Journal: Boston expected to be one of America's hottest housing markets for millennials in 2016
A recent projection from Realtor.com says that the Boston area will rank as the country's 4th-busiest market for homebuyers between the ages of 25 and 34. The suburbs are no longer the only promised land for the generation as employment growth and increasing income, as well as the liveliness and convenience of city living and driving more to call Boston home.