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Tag: demographics

Are We in the Midst of a Wedding and Baby Boom and Don’t Realize It?

April 21, 2017 by Zelman & Associates

Earlier this week, the Census Bureau published a report titled “The Changing Economics and Demographics of Young Adulthood: 1975-2016”, which analyzed changes in how young adults have been educated, started families and lived over the last ...

As Boomers Age in Place, Less Inventory Available For Sale

February 24, 2017 by Zelman & Associates

In 2016, existing home sales increased 4%, which is consistent with the long-term median increase, despite a strong employment backdrop, accelerating household formations and elevated consumer confidence toward housing. Unfortunately, the market ...

Are Boomers Really Downsizing to Multi-Family? Not According to the Data

February 10, 2017 by Zelman & Associates

The baby boom generation spans births from 1946-64, making those individuals 52-70 years old today. As has been the case since birth, the significant size of the baby boomers versus the prior generation makes understanding any shift in behavior ...

Reversing Roles – Multi-Generational Households Where Parents Live With Children

January 27, 2017 by Zelman & Associates

Household formation is at the root of incremental housing demand. A thorough forecast of household formation should encompass population growth trends segmented by age cohorts and a detailed understanding of age-specific shifts in how people ...

Young Adults Delaying Parenthood, but By Late 30s Same as Prior Generation

January 13, 2017 by Zelman & Associates

We define the Millennial generation as individuals born between 1984 and 2002 (14-32 years old), making them 14% larger than the prior 19-year age cohort, which is the most important measure from our perspective when considering the impact ...

Long-Term Increase in Asian and Hispanic Homeownership Rates Underappreciated

October 21, 2016 by Zelman & Associates

As of the 2010 Decennial Census conducted by the Census Bureau, 64% of the population was characterized as being of White race, down from 69% in 2000 and 76% in 1990. Depending on immigration assumptions, demographers estimate that the White ...

Apartment-Centric Population Expected to Trail Modestly Over Next Decade

October 07, 2016 by Zelman & Associates

We define the “Millennial” generation as those born between 1984 and 2002, making them 14-32 years old at present. According to the Census Bureau, there are approximately 83.5 million people in the United States in this age cohort ...

Facts Behind “Millennials” and Home Purchases

September 09, 2016 by Zelman & Associates

It seems that not a day goes by that a major news outlet does not mention the term “Millennial,” typically with a focus on how this generation is likely to impact the economy as it ages. The term Millennial was initially used to describe young ...

Analyzing Impact of Student Debt on Homeownership and Single-Family Living

August 26, 2016 by Zelman & Associates

Earlier this month, Fannie Mae posted an article titled “Student Debt Isn’t the Roadblock to Homeownership Many Believe”, emphasizing that student debt is not the deciding factor behind whether young adults own their home or not, because it ...

Older High Schoolers a Secular Factor in Young Adults Living at Home

August 12, 2016 by Zelman & Associates

As of the 2010 Decennial Census, 77.6% of 18-19 year olds lived at home with their parents or grandparents, 240 basis points higher than in 2000, which is at least partly related to a less favorable employment backdrop in 2010 when the national ...

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demographics