If you're looking for insights on who's buying homes these days, one of the many angles you can approach it from is generational. Two weeks ago, we posted an infographic from John Burns Real Estate Consulting chronicling generational preferences of amanities in home-buying.
The infographic below, also from John Burns, shows who is in the market buying homes—and how much they're paying for them.
It turns out that Generation Xers, who have the highest incomes of the three generations surveyed, are paying the highest home payments and tend to have the largest households. Baby Boomers tend toward households of two or fewer more than any other generation, and Generation Y has proved to be the most budget-conscious.
Related Stories
BIM and Information Technology | Apr 9, 2015
A carboard box by Google can bring virtual reality to architecture
The global search engine giant has launched a new product, Google Cardboard, that easily allows users to experience virtual reality.
Building Team Awards | Apr 9, 2015
Multifaced fitness center becomes campus landmark
A sloped running track and open-concept design put this Building Team to the test.
Building Team Awards | Apr 9, 2015
Nation's first LEED-certified bus depot
A bus garage in Harlem shows that even the most mundane of facilities can strut its environmentally sensitive stuff.
Building Team Awards | Apr 9, 2015
Setting the bar for port-of-entry design
Whenever you eat a tomato from Mexico, there’s a one-in-three chance it came through this LEED Gold gateway.
Building Team Awards | Apr 9, 2015
Big D’s billion-dollar baby: New Parkland Hospital Tops the Chart | BD+C
Dallas’s new $1.27 billion public hospital preserves an important civic anchor, Texas-style.
Building Team Awards | Apr 9, 2015
IPD-driven fusion facility serves science and student life in Chicago
In dire need of modern science labs and a student union, North Park University built both—in the same building.
Building Team Awards | Apr 9, 2015
‘Prudent, not opulent’ sets the tone for this Catholic hospital
This Building Team stuck with a project for seven years to get a new hospital built for a faithful client.
Building Team Awards | Apr 9, 2015
9/11 museum triumphs over controversy
The Building Team for this highly visible project had much more than design, engineering, and construction problems to deal with.
Building Team Awards | Apr 7, 2015
Unique test facility will help make wind power more feasible
A new facility at Clemson University makes it possible to test the huge stresses that large-scale wind turbines must be able to withstand.
Cultural Facilities | Apr 7, 2015
Mies’ Martin Luther King Jr. Library to get makeover
The architects say the modernization aims to improve “Mies in a contemporary Miesian way.”