CONTACT

Posts from February 2017

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 ...

Defying the Narrative, Positive Signs Continue for Homeownership Rate

February 10, 2017 by Zelman & Associates

We recently outlined several reasons why we believed that the national homeownership rate was near a bottom. The most-frequently cited measure of homeownership comes from the Census Bureau’s quarterly Housing ...

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 ...

What is Impact to Home Improvements as Refinancings Collapse?

February 10, 2017 by Zelman & Associates

Since the presidential election, the 10-year Treasury yield has increased approximately 50 basis points, driving 30-year fixed mortgage rates up a similar amount. With the average 30-year rate in 2017 expected to increase at least 60 basis ...