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 17, 2013

Top Multifamily Architecture Firms [2013 Giants 300 Report]

IBI Group, Niles Bolton, Perkins Eastman top Building Design+Construction's 2013 ranking of the largest multifamily architecture and architecture/engineering firms in the United States.

| Jul 17, 2013

CBRE recognizes nation's best green research projects

A rating system for comparative tenant energy use and a detailed evaluation of Energy Star energy management strategies are among the green research projects to be honored by commercial real estate giant CBRE Group.  

| Jul 17, 2013

Should city parking space requirements be abolished?

Some cities are deliberately discouraging construction of new parking spaces by allowing the construction of buildings with a lower ratio of parking spaces to dwellings (as low as 0.75 spaces per residence).

| Jul 17, 2013

Retail store openings at five-year high

Analysis by RBC Capital Markets shows that U.S. retailers are planning to open 42,757 stores over the next 12 months, and some 83,700 locations over the next two years, both five-year highs.

| Jul 16, 2013

As the U.S. economy sputters back to life, contractors wait for the green light on projects [2013 Giants 300 Report]

There are enough positive indictors in the economy to justify greenlighting projects, but building owners and developers remain reluctant to pull the trigger. 

| Jul 16, 2013

Robotics: A new way to demolish buildings

A robot prototype uses water jets to break up concrete structures and then sucks up the water and debris for reuse and recycling. 

| Jul 15, 2013

Mergers and acquisitions transform engineering sector [2013 Giants 300 Report]

Merger and acquisition deals by MEP, commissioning, structural, and specialty engineering firms were up 14% nationwide in 2012 compared with 2011.

| Jul 15, 2013

Top Engineering/Architecture Firms [2013 Giants 300 Report]

Jacobs, AECOM, Parsons Brinckerhoff top Building Design+Construction's 2013 ranking of the largest engineering/architecture firms in the United States.

| Jul 15, 2013

Top Architecture/Engineering Firms [2013 Giants 300 Report]

Stantec, HOK, HDR top Building Design+Construction's 2013 ranking of the largest architecture/engineering firms in the United States.

| Jul 15, 2013

Top Architecture Firms [2013 Giants 300 Report]

Gensler, Perkins+Will, NBBJ top Building Design+Construction's 2013 ranking of the largest architecture firms in the United States. 

boombox1
boombox2
native1

More In Category


Resiliency

Austin area evacuation center will double as events venue

A new 45,000 sf FEMA-operated evacuation shelter in the Greater Austin metropolitan area will begin construction this fall. The center will be available to house people in the event of a disaster such as a major hurricane and double as an events venue when not needed for emergency shelter.



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