Aging Down: The Face of Luxury Shifts

Buyers aged 25-49 are considerably shaping the upper-end market, according to recently released research by Luxury Portfolio International®.
Seventy-eight percent of buyers in the 25-49 group—”The New Aristocracy”—are interested in 5,000-square-foot-plus homes, the research reveals. They also have a preference for Brick Georgian, Modern, Victorian or Tudor homes, but with commercial-grade kitchens and security systems. Fifty-five percent desire to live near restaurant