Exclusive insights and analyses from our industry-leading research team
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 ...
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baby boomersdemographicsexisting home sales
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 ...
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baby boomersdemographics
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 ...
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home improvementrefinance
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 ...
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entry-levelhomeownership
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 ...
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baby boomersdemographicshousehold formation
January 27, 2017 by Zelman & Associates
We estimate that home improvement spending increased 5% across the country in 2016, representing the seventh consecutive annual increase after declining the previous three years. Since bottoming in 2009, we estimate that spending has increased ...
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home improvement
January 27, 2017 by Zelman & Associates
Last week, the Wall Street Journal published an article titled “The Mortgage Market’s $1 Trillion Pocket of Worry”, which raised concerns about the expanding share of mortgages originated by non-bank lenders and originations backed by the Federal ...
January 13, 2017 by Zelman & Associates
Our monthly survey of apartment owners and managers canvasses 1.6 million apartment units, nearly four times the size of the public apartment REITs. Our survey is nationally representative, covering both urban and suburban locations and various ...
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apartmentshousing startssurvey
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 ...
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demographicsmillennials
January 13, 2017 by Zelman & Associates
The cost of mortgage credit is fairly transparent across lenders’ and third-party aggregators’ websites but there are two primary reference points for mortgage rates cited by industry analysts and the media that best summarize the market: weekly ...
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mortgage rates
affordabilityapartmentsbaby boomersbuild-for-rentconstruction lendingdemographicsentry-levelexisting home saleshome improvementhome pricinghomebuildinghomeownershiphousehold formationhousinghousing startsinstitutional investorsinterest ratesmacro housingmillennialsmortgagemortgage ratesnew home salesreal estate servicesrefinancesg&asingle-family rentalstocksstudent debtsupplysurvey