Exclusive insights and analyses from our industry-leading research team
December 30, 2016 by Zelman & Associates
With the incoming Trump administration and the Republican control of Congress, the country appears to be on the verge of tax reform, both for individuals and corporations. For individuals, tax reform is typically centered on marginal income ...
Filed Under
homeownershipmacro housing
December 30, 2016 by Zelman & Associates
Earlier this year, we surveyed a nationally-representative sample of consumers (~3,000) about their demographic, housing and financial circumstances. One area of focus was the perception of mortgage credit availability among renters or those ...
Filed Under
affordabilityentry-levelmillennialsmortgage
December 30, 2016 by Zelman & Associates
For November, the Census Bureau reported that new home contracts were 592,000 on an annualized basis, trailing only July of this year for the best pace of the recovery thus far. Assuming a seasonally-adjusted pace of at least 585,000 in December ...
Filed Under
new home sales
December 16, 2016 by Zelman & Associates
We previously offered our initial perspective on what the Trump Presidency would mean for the housing market, including our view that GSE reform, while more likely under a Republication administration, would ...
December 16, 2016 by Zelman & Associates
Given transparency in home prices through multiple listing services and public records, there are an abundance of data providers tracking the market. To simplify the discussion, we rely on our aggregate existing home price index that incorporates ...
Filed Under
affordabilityhome pricing
December 16, 2016 by Zelman & Associates
At this point last year, 30-year fixed mortgage rates were expected to average approximately 4.10% in 2016 and we predicted refinance volumes to decline 30% for the year. Instead, volatile financial markets to begin the year, slowing macroeconomic ...
December 02, 2016 by Zelman & Associates
Of the various interest rate measures cited in the media, the United States 10-year Treasury yield is the most important to monitor for the housing market as it serves as the benchmark for how 30-year fixed rate mortgages are priced. Unfortunately, ...
Filed Under
macro housingmortgage rates
November 18, 2016 by Zelman & Associates
Much has already been written about the impact of President-elect Trump and the broader economy, including as it relates to tax reform, infrastructure investment and foreign trade. All of these macro factors will have important implications ...
Filed Under
macro housing
November 18, 2016 by Zelman & Associates
According to the Mortgage Bankers Association, from 1980 through 2005, the combination of single-family mortgage delinquencies and foreclosures in process ranged from 5.0-6.6% with the most problematic periods being 1982-86 (6.4%) and 2000-02 ...
Filed Under
homebuildinghousing startsmortgage
November 18, 2016 by Zelman & Associates
Over the last two weeks, the public single-family REITs reported third quarter earnings. Including American Homes 4 Rent (AMH), Colony Starwood Homes (SFR), Silver Bay Realty Trust (SBY) and Tricon American Homes (TAH), the companies own approximately ...
affordabilityapartmentsbaby boomersbuild-for-rentconstruction lendingdemographicsentry-levelexisting home saleshome improvementhome pricinghomebuildinghomeownershiphousehold formationhousinghousing startsinstitutional investorsinterest ratesmacro housingmillennialsmortgagemortgage ratesnew home salesreal estate servicesrefinancesg&asingle-family rentalstocksstudent debtsupplysurvey
