Miami is the United States’ second strongest magnet city for millennials, according to Realtor.com’s Millennial Magnets: Top 10 Cities Where Young People Want to Be list. The property listing site’s economic data team analyzed the number of millennials viewing listings in the 60 largest U.S. cities compared to the national average from August 2016 to February 2017 to identify areas young people are flocking to for home ownership.
Short commutes and an abundance of amenities including parks, cultural centers, and good cuisine are high priorities for the millennial market as convenience trumps factors that swayed homebuyers (e.g., more indoor/outdoor living space, suburban communities) in the past.
Salt Lake City may have taken the top spot on the Realtor.com list, but Miami’s mix of stellar weather, ample employment opportunities, relatively affordable homes, and vibrant cultural scene (all steps away from the beach), make it an obvious choice for young homebuyers looking to make the most of their work/life balance.
View the full list of the Top 10 Cities Where Young People Want to Be on Realtor.com.
Learn more about Greybrook’s 300 Biscayne Boulevard development in Miami.
In a recent episode of The Tom Storey Show, CEO Sasha Cucuz joined hosts Steve Karrasch and Tom Storey, to discuss the financialization of Canadian housing—an interesting topic in today’s real estate landscape. This episode delves into how the increasing…
The 5th Annual Velo Blu Pedal for Blu Genes charity ride took place on September 13th, attracting over 140 enthusiastic participants. This year’s event not only boasted an impressive turnout but also welcomed new sponsors, collectively raising more than $400,000…
The 15th Annual Constantine Yorkville Run kicked off on September 8th, raising over $561,304 for 30 Toronto charities and counting! This year’s event offered both an in-person 5K run/walk and a virtual option, allowing everyone to participate and be part…
In our latest episode of Boardroom Brief, we delve into a topic that’s recently been making waves in the news: Canada’s immigration policy. Known for its historically open immigration policies, Canada has consistently maintained some of the highest foreign-born population…
We are excited to announce that our House of Assembly high-rise development in Toronto’s west end has achieved a significant milestone with the completion of the building’s topping-off. This signifies the final stage of vertical construction for the 16-storey high-rise,…
Sales are slated to launch soon for Brooklin Vue, our development project in partnership with Treasure Hill. The upcoming new community in the historic village of Brooklin, Ontario, offers an exclusive collection of two and three-storey modern townhomes designed to…
Introducing Boardroom Brief, a series where we dive headfirst into the real estate landscape, demystifying current headlines and featuring in-depth discussions and expert insights from Greybrook. Gain an inside look at the thoughtful discussions occurring in our boardroom on relevant…
Greybrook¹ announced today the acquisition of two garden-style apartment communities consisting of 456 units situated in the Metro Atlanta area, south of Atlanta, Georgia for the purchase price of US$57,200,000. Greybrook will manage the implementation of a property enhancement program,…
Following the completion of preliminary site work, home construction has commenced at Eversley Estates, our low-rise King City community developed in partnership with Treasure Hill. Comprised of 105 luxury estate-style homes, this picturesque enclave will redefine rural elegance with classically…
It is with heavy hearts that the Executive Team at Greybrook announces the passing of our cherished founder, Elias Vamvakas, today, after a courageous battle with pancreatic cancer. Elias was 65 years old. Elias Vamvakas was a visionary leader…
