Posts from March 2019

30-Year Olds: Still Acting Young or Growing Up?

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 ...

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Filed Under | demographicsmillennials

Is Your State Winning or Losing Among Millennial, Baby Boomer Movers?

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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Filed Under | baby boomersdemographicsmillennials

Single-Family Rental Sector Enjoying Sweet Spot of Growth Amidst Tight Supply

March 08, 2019 by Zelman & Associates

Public REITs Invitation Homes (INVH) and American Homes 4 Rent (AMH) are the two largest single-family landlords in the country, owning almost 81,000 and 53,000 homes, respectively. While each company controls less than 1% of national single-family ...

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Filed Under | institutional investorssingle-family rental

Strong Signal as Homeownership Rises Again Despite Transaction Weakness

March 08, 2019 by Zelman & Associates

According to the latest Housing Vacancy Survey (HVS) from the Census Bureau, the national homeownership rate improved again in 4Q18, reaching 64.8% versus 64.4% in 3Q18. This now marks the highest level since 1Q14 and represents the eighth ...

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Filed Under | homeownership

Historically Linked, Here’s Why Housing Outlook Far Superior to Autos

March 08, 2019 by Zelman & Associates

Historically, the housing and auto markets have been highly linked given the big-ticket nature of the consumer purchases and the dependence on credit for the majority of buyers. For example, from 1990-2016, auto sales and housing starts have ...

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Filed Under | macro housingmortgage