flexiblefullpage -
billboard - default
interstitial1 - interstitial
catfish1 - bottom
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 16, 2012

4.8-megawatt solar power system completed at Jersey Gardens Mall

Solar array among the largest rooftop systems in North America.

| Feb 15, 2012

Fourth-generation Ryan to lead Ryan Companies AE team

Ryan leads a team of eight architects, four civil engineers, two landscape architects and two virtual building specialists in their efforts to realize their customer’s vision and needs through Ryan’s integrated project delivery system.

| Feb 15, 2012

NAHB sees gradual improvement in multifamily sales for boomers

However, since the conditions of the current overall housing market are limiting their ability to sell their existing homes, this market is not recovering as quickly as might have been expected.

| Feb 15, 2012

Skanska secures $87M contract for subway project

The construction value of the project is $261.9 M. Skanska will include its full share, $87 M, in the bookings for Skanska USA Civil for the first quarter 2012.

| Feb 15, 2012

Code allowance offers retailers and commercial building owners increased energy savings and reduced construction costs

Specifying air curtains as energy-saving, cost-cutting alternatives to vestibules in 3,000-square-foot buildings and larger has been a recent trend among consulting engineers and architects.

| Feb 15, 2012

Englewood Construction announces new projects with Destination Maternity, American Girl

Englewood’s newest project for Wisconsin-based doll retailer American Girl, the company will combine four vacant storefronts into one large 15,000 square-foot retail space for American Girl.

| Feb 14, 2012

Angelo State University opens doors to new recreation center expansion

  Designed by SmithGroup, the JJR_Center for Human Performance offers enhanced fitness options, dynamic gathering space.

| Feb 14, 2012

SAIC selected for architectural and engineering design services at Lajes Field, Azores

SAIC’s services will include a broad variety of new construction projects and maintenance and repair projects

| Feb 14, 2012

Skanska promotes Aparicio and hires Leintz in Southern California

Aparicio and Leintz are both based in Skanska’s Los Angeles office.

| Feb 14, 2012

The Jackson Laboratory announces Gilbane Building Co. as program manager for Connecticut facility

Gilbane to manage program for new genomic medicine facility that will create 300 jobs in Connecticut.

boombox1 - default
boombox2 -
native1 -

More In Category




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