• When purchasing a home, in addition to the price of the home, home

    buyers also consider the cost to commute to work, and with rising

    energy costs, cost of energy, and possible savings from energy

    efficient features of homes. Importance given to these costs

    considerations vary by age of home buyers.

  • Among recent home buyers surveyed in August 2008, commuting costs

    were more important for younger home buyers. Of those 18 to 44 years

    old, 44 percent reported commuting costs to be very important in their

    home search process, compared to 40 percent of those aged 45 to 64, and

    only 20 percent among those aged 65 or older.

  • About half of home buyers (49 percent) between the ages of 45 and

    64 considered a home's heating and cooling costs very important,

    compared to 39 percent of those aged 18 to 44, and 41 percent of those

    65 years old or older.

  • A home's energy efficient appliances and efficient use of lighting

    were very important for nearly one-third of home buyers in the 45 to 64

    year old age group. A somewhat smaller percentage of older home buyers,

    around one quarter, considered these attributes to be very important.

    Among younger home buyers, the corresponding percentages were smaller

    than one quarter.