May 03, 2019 by Zelman & Associates
For 1Q19, the Census Bureau’s Housing Vacancy and Homeownership Survey (HVS) estimated the national homeownership rate at 64.2%, unchanged from 1Q18. This is the first time out of the last eight quarters that homeownership did not increase ...
Filed Under
demographicshomeownership
April 05, 2019 by Zelman & Associates
Approximately 34% of young adults are living in their parents’ home, more than at any point over the last 50-plus years, which has remarkable consequences for housing demand. While this fact is well understood and has spawned many questions ...
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demographicsmillennials
March 22, 2019 by Zelman & Associates
In February, we analyzed state-to-state migration patterns of 25-29 year old households – the heart of the Millennial generation – showing that the catalyst to bring a young adult to a state often differs from ...
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baby boomersdemographicsmillennials
March 22, 2019 by Zelman & Associates
In 2007, 66.1% of 30-39 year old households lived in a single-family dwelling, inclusive of owned and rental homes. This was the peak of the decade, with the share dropping each of the next eight years as the Great Recession unfolded and aftereffects ...
Filed Under
demographicsmillennials
February 22, 2019 by Zelman & Associates
As detailed last year, the strongest population growth of late according to the Census Bureau was in Nevada, Idaho, Utah, Arizona and Florida. Above-average growth in these states is likely not surprising ...
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demographicsmillennials
January 11, 2019 by Zelman & Associates
Last week, United Van Lines, the largest moving company in the country, released its annual National Movers Survey, which provides insight into state-to-state moves. Although professional long-distance moves likely skew toward single-family ...
Filed Under
demographicsmacro housing
December 28, 2018 by Zelman & Associates
Following the passage of income tax reform a year ago, we detailed the relative winners and losers and the expected impact on housing demand. At that time, it was estimated that the largest shares ...
Filed Under
demographicsmacro housing
December 14, 2018 by Zelman & Associates
According to our analysis of recently-released Census Bureau data, approximately 10% of current householders moved over the year ended 1Q18, down from 11% in the year-ago period and continuing a multi-decade decline. For perspective, this share ...
Filed Under
demographicsmacro housing
November 30, 2018 by Zelman & Associates
In 2007, there were an estimated 4.32 million births, according to data from the Center for Disease Control, ranking as the largest annual total in the history of the country. Since that time, births have declined each year through 2017 aside ...
Filed Under
demographicsmillennials
November 02, 2018 by Zelman & Associates
According to the American Community Survey (ACS) conducted by the Census Bureau, 14.2% of 25-34 year olds lived with their parents or grandparents in 2006. That ratio has increased every year since. The most significant annual increases were ...
Filed Under
demographicsmillennials
affordabilityapartmentsbaby boomersbuild-for-rentconstruction lendingdemographicsentry-levelexisting home saleshome improvementhome pricinghomebuildinghomeownershiphousehold formationhousinghousing startsinstitutional investorsinterest ratesmacro housingmillennialsmortgagemortgage ratesnew home salesreal estate servicesrefinancesg&asingle-family rentalstocksstudent debtsupplysurvey
