Posts from April, 2017

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 ...

Read More

Filed Under | demographicshousehold formation

Unique Beige Book Index a Better Read on Economy than GDP?

April 21, 2017 by Zelman & Associates

In 2016, real GDP increased 1.6%, tying 2011 as the weakest growth of the last six years. At the same time, the S&P 500 equity index was up a strong 10%, the annual unemployment rate was the lowest level since 2007 and consumer confidence was ...

Read More

Filed Under | macro housing

Urban Sprawl Picking Up Steam Even Beyond Starter Homes

April 21, 2017 by Zelman & Associates

Beginning in 1Q15, we began tracking new home for-sale inventory across more than 20 production homebuilders, including the square footage offered as a way to better gauge investments and the willingness to cater to the under-served ...

Read More

Filed Under | entry-levelhomebuilding

Amidst a Lost Decade for Housing, What Does Future Hold?

April 07, 2017 by Zelman & Associates

Every quarter, we publish in-depth macro housing forecasts and explanations covering single-family construction, multi-family construction, the existing housing market, home improvements and mortgage finance. With the release ...

Read More

Filed Under | household formationhousing startsmacro housing

Urban-Focused Multi-Family Construction Creating Longer Tail Risk of Supply

April 07, 2017 by Zelman & Associates

Unlike in the single-family market where permits and starts are largely reflective of current demand, on the multi-family side, permits and starts are influenced by current demand but they are still speculative in nature given that the product ...

Read More

Filed Under | apartmentshousing starts

New York Federal Reserve Study Hits Interesting Points on Student Debt

April 07, 2017 by Zelman & Associates

Earlier this week, the New York Federal Reserve published a presentation on household debt with a focus on student loans. According to the analysis, there was $1.31 trillion of outstanding student debt at the end of 2016, up 50% over the last ...

Read More

Filed Under | homeownershipstudent debt