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

| Feb 1, 2012

Increase notched in construction jobs, but unemployment rate still at 16%

AGC officials said that construction employment likely benefited from unseasonably warm weather across much of the country that extended the building season.

| Feb 1, 2012

Replacement windows eliminate weak link in the building envelope

Replacement or retrofit can help keep energy costs from going out the window.

| Feb 1, 2012

‘Augmented reality’ comes to the job site

A new software tool derived from virtual reality is helping Building Teams use the power of BIM models more effectively.

| Feb 1, 2012

New ways to work with wood

New products like cross-laminated timber are spurring interest in wood as a structural material.

| Feb 1, 2012

Blackney Hayes designs school for students with learning differences

The 63,500 sf building allows AIM to consolidate its previous two locations under one roof, with room to expand in the future. 

| Feb 1, 2012

Two new research buildings dedicated at the University of South Carolina

The two buildings add 208,000 square feet of collaborative research space to the campus.

| Feb 1, 2012

List of Top 10 States for LEED Green Buildings released?

USGBC releases list of top U.S. states for LEED-certified projects in 2011.

| Feb 1, 2012

ULI and Greenprint Foundation create ULI Greenprint Center for Building Performance

Member-to-member information exchange measures energy use, carbon footprint of commercial portfolios.

| Feb 1, 2012

AEC mergers and acquisitions up in 2011, expected to surge in 2012

Morrissey Goodale tracked 171 domestic M&A deals, representing a 12.5% increase over 2010 and a return to levels not seen since 2007.

| Jan 31, 2012

AIA CONTINUING EDUCATION: Reroofing primer, in-depth advice from the experts

Earn 1.0 AIA/CES learning units by studying this article and successfully completing the online exam.

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