The Rise of Gen X and Women in Luxury Real Estate
Luxury real estate is experiencing a generational and cultural shift. Once dominated by Baby Boomers and the Silent Generation, today’s market shows new momentum from Gen X and women buyers, both of whom are redefining what prestige property ownership looks like.
Gen X Steps Into the Spotlight
According to recent data, Gen X has more than doubled its share of high-net-worth (HNW) property ownership—jumping from 9.2% in 2019 to 19.2% in 2024. That’s a 10% increase in just five years, making Gen X the fastest-growing demographic in the luxury real estate segment. Unlike previous generations, Gen X buyers are balancing ambition with practicality. They value:
- Functional luxury – homes designed for both beauty and everyday living
- Multi-generational housing – spaces that accommodate family at different life stages
- Investment potential – properties positioned as both lifestyle choices and wealth-building assets
The Rise of Women Buyers
Alongside Gen X, women are playing a more powerful role in luxury homeownership. Increasingly, women are not only joint decision-makers but also primary buyers and investors. Their preferences are reshaping the market by prioritizing:
- Privacy and wellness amenities
- Smart home technology for convenience and security
- Sustainability features that align with long-term values
This growing influence reflects broader economic trends, as women continue to drive wealth creation, business ownership, and investment decisions globally.
Quality Over Quantity
What unites both Gen X and women in luxury real estate is an emphasis on quality over quantity. Instead of seeking the largest property, they are drawn to residences offering:
- Prime locations with strong investment value
- Homes designed around lifestyle and wellness
- Discreet sophistication—quiet luxury rather than excess
Looking Ahead
With Gen X buyers quickly expanding their share and women emerging as key decision-makers, the luxury real estate market is entering a new era—one defined less by status symbols and more by purposeful, refined living. For Miami and other global luxury hubs, this means properties that combine timeless design, innovation, and lifestyle amenities will remain in highest demand.
Thinking about a move? Whether you’re relocating for work, lifestyle, or simply curiosity, understanding how Miami stacks up against other cities is key. Thanks to Coldwell Banker’s Move Meter®, comparing cost of living, housing affordability, and quality of life has never been easier.
What is the Move Meter®?
Coldwell Banker created the Move Meter® as a complimentary tool that helps you compare two U.S. cities side by side. By analyzing cost of living, average home prices, job market trends, and lifestyle data, it provides an overall “Move Score” to help you weigh your options with confidence.
For Miami residents or anyone considering South Florida, the tool is especially valuable. With Miami’s vibrant culture, strong real estate market, and growing job base, how does it really compare to other destinations?
Step 1: Select Your City
The Move Meter® compares two cities at a time.
Each result shows how the cities differ across:
• Overall cost-of-living index
• Housing affordability
• Grocery, healthcare, and transportation costs
• Employment and job market data
• Lifestyle and quality-of-life factors
Step 2: Analyze the Results
Let’s say you’re deciding between Miami, New York, Austin, and Los Angeles. You can run comparisons and easily spot the trade-offs.
For example, New York may offer a deeper job market but at a higher cost, while Austin provides affordability but a different pace of life.
Step 3: Weigh What Matters Most
The real power of the Move Meter® is personal. If your priority is housing affordability, the tool highlights where your dollar goes further. If you value career opportunities, you’ll see which cities have stronger job markets. And if lifestyle is your deciding factor, Miami’s beaches, international culture, and year-round sunshine may tip the scales in its favor.
Why It Matters for Miami
Miami continues to attract buyers and renters from across the U.S. and abroad. By using the Move Meter®, individuals considering a move can clearly see why Miami is competitive: strong cultural amenities, a thriving luxury market, and a lifestyle that blends business with leisure.
For homeowners and investors, these comparisons also underline Miami’s relative value—especially when stacked against other coastal metros like Los Angeles or New York.
✅ Bottom Line: Coldwell Banker’s Move Meter® makes relocation decisions smarter. Whether you’re deciding on Miami or simply curious about how far your money goes, this tool gives clarity where it matters most.
Discover more: https://makemovesmiami.com/move-meter-2
From the Fed to the 305: What Waller’s Miami Remarks Mean for Interest Rates and Real Estate
On Thursday, August 28th, the Economic Club of Miami welcomed Federal Reserve Governor Christopher Waller. He delivered one of the strongest signals this year that interest rate cuts may be coming soon. His message — “Let’s get on with it” — suggests the Fed is ready to ease policy.
Waller’s Call for Action
Governor Waller warned that waiting too long to cut rates could leave the Fed “behind the curve.” Inflation is now close to the 2% target, and the job market is showing signs of cooling. As a result, he supports a quarter-point rate cut in September, with the possibility of more to follow.
This message matters not only for Wall Street, but also for Miami. So, what does this mean for Miami’s real estate market?
Why It Matters for Miami Real Estate
If interest rate cuts arrive, Miami could be one of the biggest winners.
- Lower borrowing costs → Cheaper mortgages make homes more affordable. This could unlock demand in both luxury and mid-market segments.
- More foreign buyers → A weaker dollar makes Miami real estate more attractive to investors from Europe, Latin America, and beyond.
- The wealth effect → When markets rise under easier policy, wealthy buyers often move into real estate. Expect stronger demand for prime addresses in Miami Beach, Brickell, and Coral Gables.
- Supply dynamics → Building costs remain high due to tariffs and material shortages. Even with lower financing costs, limited supply should keep existing home values strong.
The Bigger Picture
Waller’s bold stance is not only about national policy. It also highlights how closely Miami’s fortunes are tied to decisions made in Washington. Interest rate cuts could support growth, attract more global capital, and keep pressure on home values in the city.
What’s Next
All eyes now turn to the September jobs report and the Fed’s meeting that follows. Whether the cut is 25 basis points or more, Miami will feel the ripple effects.
Join the Conversation
The Economic Club of Miami brings global leaders like Governor Waller directly to our city. Members gain access to premier events, thought leadership, and unparalleled networking.
Learn more: www.econclubmiami.org
