It’s somewhat an old story, i.e. Empty Nesters flocking to buy condos in Boston after their kids grow up.
But it also can’t be denied, ignored or emphasized enough: Much of the buying going on in downtown Boston continues to be fueled by suburbanites, many of them Empty Nesters, wanting to live in the city, surrounded by all the urban amenities. It’s a welcome demographic development for the market.
File under: Urban nests