From McKinney to Arlington to Frisco, some of the newest housing communities in North Texas aren’t targeting millennials or first-time buyers.
Instead, these new residential enclaves are aimed at “active adults” — the polite way in the building business to describe aging baby boomers.
Of course these new age-restricted communities are responding to demographic shifts that mean more wealthier, older homebuyers are in the market to move.
In Dallas-Fort Worth, many of these older buyers are transplants moving to the area to be close to children and grandchildren.
A full quarter of baby boomers say they plan to move nearer their children’s’ families, even if it’s out of state, according to a new study by housing analyst Meyers Research.
And Dallas is one of the top markets for these so-called “baby chasers,” according to Meyers’ analysts.