Posts from June, 2017

If a Recession is Around the Corner, You Won’t Be Able to Blame Housing

June 30, 2017 by Zelman & Associates

Over the last 30 years, investment in residential structures has accounted for approximately 4% of national gross domestic product (GDP). This component of GDP as defined by the Bureau of Economic Analysis covers new construction of single-family ...

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Filed Under | macro housing

Single-Family Rentals Emerging from Apartment Shadows

June 30, 2017 by Zelman & Associates

Our proprietary survey of single-family rental owners and managers dispersed across the country suggested further fundamental improvement in May. Overall, single-family operators continued to experience strong renter demand and pricing power ...

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Filed Under | apartmentssingle-family rentalsurvey

Don’t Be Confused, A Good Time to Sell is a Good Thing to Hear

June 16, 2017 by Zelman & Associates

Beginning in mid-2010, Fannie Mae began publishing a monthly survey of approximately 1,000 households, canvassing various perceptions related to the housing market and economy. One of the questions asked monthly is: “In general, do you think ...

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Filed Under | home pricing

House “Flipping” Hints at Redevelopment of Stale Existing Home Inventory

June 16, 2017 by Zelman & Associates

Last week, ATTOM Data Solutions released its quarterly Home Flipping Report, meant to quantify homes that were purchased and sold within a 12-month period in an arms-length transaction. Historically, we believe that house flipping has carried ...

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Filed Under | existing home saleshome improvementmacro housing

Despite Home Price Strength, Entry-Level Affordability Still Screens Favorably

June 02, 2017 by Zelman & Associates

There are numerous home price measures that are provided by the government and private entities, both for free and at a charge, that offer market participants a general understanding of national pricing. Given a very high correlation across ...

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Filed Under | affordabilityentry-levelhome pricing

“Good” Births Up Strongly For Sixth Straight Year as Family Formation Accelerates

June 02, 2017 by Zelman & Associates

Final birth statistics for 2016 have yet to be released by the Center for Disease Control and Prevention, but we utilized preliminary data to estimate the results. We recently raised the question of whether ...

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Filed Under | demographics