flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Gen X, not Baby Boomers, spending the most money on homes [infographic]

Gen X, not Baby Boomers, spending the most money on homes [infographic]

Generation Y has proved to be the most budget-conscious. 


By John Burns Real Estate Consulting | June 30, 2014

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

| Jul 28, 2014

LEO A DALY hires Peter Yakowicz to oversee VA projects

New hire will work with healthcare and federal market sectors on programs specifically for the Department of Veterans Affairs.

| Jul 28, 2014

Peterson Associates joins forces with KSQ Architects

Move creates Charlotte, N.C., office with expertise in higher education, K-12, multifamily, and healthcare. 

| Jul 28, 2014

Post Tower Wins CTBUH 10-Year Award

The 10 Year Award recognizes proven value and performance in a tall building, across one or more of a wide range of criteria, over a period of 10 years since its completion. 

| Jul 27, 2014

Maturing ‘plug and play’ sector could take market share from AEC Giants [2014 Giants 300 Report]

The growth of modular and containerized data center solutions may eventually hinder the growth of traditional data center construction services.

| Jul 27, 2014

Top Data Center Construction Firms [2014 Giants 300 Report]

Holder, Turner, and DPR head Building Design+Construction's 2014 ranking of the largest data center contractors and construction management firms in the U.S.

| Jul 27, 2014

Top Data Center Engineering Firms [2014 Giants 300 Report]

Fluor, Jacobs, and Syska Hennessy top Building Design+Construction's 2014 ranking of the largest data center engineering and engineering/architecture firms in the U.S.

| Jul 27, 2014

Top Data Center Architecture Firms [2014 Giants 300 Report]

Gensler, Corgan, and HDR head Building Design+Construction's 2014 ranking of the largest data center architecture and architecture/engineering firms in the U.S.

| Jul 25, 2014

Grocery stores choosing Green Globes for building sustainability certification

The Green Building Initiative (GBI) has announced a wave of Green Globes certifications for new grocery stores, including New Seasons Markets, Whole Foods, Price Chopper, Aldi’s, Harris Teeter, Wegmans, and Publix.

| Jul 24, 2014

SLATERPAULL Architects to merge with Hord Coplan Macht

The merger will create a full-service practice with offices in Baltimore, MD, Denver, CO and Alexandria, VA that offers integrated architecture, landscape architecture, interior design, planning and historic preservation services.

| Jul 24, 2014

MIT researchers explore how to make wood composite-like blocks of bamboo

The concept behind the research is to slice the stalk of bamboo grass into smaller pieces to bond together and form sturdy blocks, much like conventional wood composites.

boombox1
boombox2
native1

More In Category




Museums

The Tampa Museum of Art will soon undergo a $110 million expansion

In Tampa, Fla., the Tampa Museum of Art will soon undergo a 77,904-sf Centennial Expansion project. The museum plans to reach its $110 million fundraising goal by late 2024 or early 2025 and then break ground. Designed by Weiss/Manfredi, and with construction manager The Beck Group, the expansion will redefine the museum’s surrounding site.

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021