Oklahoma State Home Builders Association

An Affiliate of the National Home Builders Association

Housing preferences across generations

 
Posted on April 1, 2016 by By Carol Hartzog Communications

Eye on Housing

 

By Rose Quint
Copyright © 2016 National Association of Home Builders

Findings from the latest NAHB study on housing preferences, Housing Preferences of the Boomer Generation: How They Compare to Other Home Buyers, shows there are some similarities and differences in what home buyers of different generations want in terms of square footage and number of bedrooms in a new home.

When asked how much finished space they would like to have, home buyers in general reported wanting a median of 2,020 square feet, about 9% more space than they currently have (1,859 sq. ft.). Age plays a key role in desired home size, however.  Buyers in the Millennial and Gen X generations ... Read the entire article at the NAHB website

Home Size by generations

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