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

| Mar 6, 2012

EwingCole completes first design-build project for the USMA

The second phase of the project, which includes the academic buildings and the lacrosse and football fields, was completed in January 2012.

| Mar 6, 2012

Gensler and Skender complete new corporate headquarters for JMC Steel in Chicago

Construction was completed by Skender in just 12 weeks.

| Mar 6, 2012

BLT Architects promotes two to associate

Architect Nicole Dress and interior designer Jessica Moser acknowledged for excellence.

| Mar 6, 2012

Joliet Junior College achieves LEED Gold

With construction managed by Gilbane Building Company, Joliet Junior College’s Facility Services Building combines high-performance technologies with sustainable materials to meet aggressive energy efficiency goals.

| Mar 5, 2012

Tishman constructing new courthouse in Philadelphia

Construction is underway for the Pennsylvania Department of General Services’ 510,000-sf facility.

| Mar 5, 2012

Perkins Eastman pegs O’Donnell to lead K-12 practice

O’Donnell will continue the leadership and tradition of creative design established by firm Chairman and CEO Bradford Perkins FAIA, MRAIC, AICP in leading this market sector across the firm’s 13 offices domestically and internationally.

| Mar 5, 2012

Moody+Nolan designs sustainable fire station in Cincinnati

Cincinnati fire station achieves LEED Gold certification.

| Mar 5, 2012

Gilbane Building Co. wins top honors at ASA Houston awards ceremony

Gilbane was also named General Contractor of the Year for the seventh time in 11 years and won the inaugural Safety Program of the Year award.

| Mar 5, 2012

Franklin Institute in Philadelphia selects Skanska to construct new pavilion

The building has been designed by SaylorGregg Architects and will apply for LEED Silver certification.

| Mar 2, 2012

By the Numbers

66 skyscrapers to built in China over six years; 1,000 questions in the Modern Architecture game; 21,000 new jobs. 

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