Many buyers exceed their “budget” when buying a home. According to a recent survey by Owners.com a real estate brokerage (as published by FloridaRealtors), 38 % of homebuyers exceeded their spending limits. This is up from a year ago. Thirty nine percent of Gen XERS exceeded their budget by $35, 000 on average, 46% of millennials exceeded their budget by $12,000, 27% of baby boomers exceeded their budget by $25,000.