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

| May 1, 2012

White paper discusses benefits of diaphragm and piston flushometer valves

The white paper highlights considerations that impact which type of technology is most appropriate for various restroom environments.

| May 1, 2012

Time-lapse video: World Trade Center, New York

One World Trade Center, being built at the site of the fallen twin towers, surpassed the Empire State Building on Monday as the tallest building in New York.

| May 1, 2012

Bruce E. Brooks Associates announces new commissioning subsidiary

Brooks + Wright Commissioning to be led by Will Wright.

| May 1, 2012

Young rejoins Altoon Partners

Takes on role of director of strategic development.

| May 1, 2012

Gilbane to build $100 million cranberries manufacturing facility

Gilbane to provide design build services for a new Lean manufacturing facility for Ocean Spray Cranberries Inc., beverage products.

| May 1, 2012

Construction is underway on MLK ambulatory care center in L.A.

Featuring a variety of sustainable features, the new facility is designed to achieve LEED Gold Certification.

| Apr 30, 2012

Virginia Commonwealth unveils design for Arts Institution

Institute for Contemporary Art will serve as a catalyst for exhibitions, programs, research and collaboration.

| Apr 30, 2012

Summit Design + Build completes build-out for Office Concepts

The project is seeking LEED ID Silver certification from the U.S. Green Building Council.

| Apr 30, 2012

HSA Commercial selected as consultant for Orland Park’s Main Street Triangle project

HSA will be responsible for designing an overall mixed-use merchandise plan, attracting a unique retail tenant mix and completing leases with prospective tenants.

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