Exclusive insights and analyses from our industry-leading research team
December 28, 2018 by Zelman & Associates
Once a quarter, the Federal Reserve Bank of New York releases data on household debt and credit, which is often referenced to understand total leverage across the consumer, including details across the major sources: mortgages, student debt, ...
Filed Under
baby boomersmacro housingmillennials
December 14, 2018 by Zelman & Associates
According to our analysis of recently-released Census Bureau data, approximately 10% of current householders moved over the year ended 1Q18, down from 11% in the year-ago period and continuing a multi-decade decline. For perspective, this share ...
Filed Under
demographicsmacro housing
November 30, 2018 by Zelman & Associates
In 2007, there were an estimated 4.32 million births, according to data from the Center for Disease Control, ranking as the largest annual total in the history of the country. Since that time, births have declined each year through 2017 aside ...
Filed Under
demographicsmillennials
November 30, 2018 by Zelman & Associates
According to Freddie Mac’s weekly survey, the effective rate for a 30-year fixed rate mortgage bottomed at approximately 3.30% in late-2012. From 2012-17, the rate was below 4.00% in 208 out of 313 weeks, or 66% of the time. With the latest ...
Filed Under
macro housingmortgage rates
November 16, 2018 by Zelman & Associates
Over the last year, home price appreciation has averaged roughly 5.5% across the country while the typical 30-year fixed mortgage rate has expanded by almost exactly 100 basis points. A simple calculation results in the average monthly mortgage ...
Filed Under
affordabilitymortgage
November 16, 2018 by Zelman & Associates
Once a quarter, the Federal Reserve conducts a survey of senior loan officers at large domestic banks and U.S. branches of foreign banks. The results of the October 2018 survey were just released, with approximately 65-70 responses received ...
Filed Under
construction lendingmacro housing
November 02, 2018 by Zelman & Associates
According to the American Community Survey (ACS) conducted by the Census Bureau, 14.2% of 25-34 year olds lived with their parents or grandparents in 2006. That ratio has increased every year since. The most significant annual increases were ...
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demographicsmillennials
November 02, 2018 by Zelman & Associates
Over the last year, multi-family starts have accounted for 29% of all starts, close to the decade-to-date share at 31%. With this being notably higher than 20% in the 1990s and from 2000-09, clients often inquire as to whether we believe this ...
Filed Under
apartmentshomeownershipsingle-family rental
November 02, 2018 by Zelman & Associates
Thus far in 2018, the average 30-year fixed mortgage rate has increased approximately 50 basis points year over year, putting the year on pace to have the highest borrowing cost since 2010. According to Google Trends, an index tracking how ...
Filed Under
macro housingmortgage rates
October 19, 2018 by Zelman & Associates
In June of this year, we analyzed preliminary 2017 birth data that revealed a surprising 2.3% drop from 2016, including a 1.3% decline for women at least 25 years old, which reversed similar growth in the prior year. With more detailed data ...
Filed Under
demographics
affordabilityapartmentsbaby boomersbuild-for-rentconstruction lendingdemographicsentry-levelexisting home saleshome improvementhome pricinghomebuildinghomeownershiphousehold formationhousinghousing startsinstitutional investorsinterest ratesmacro housingmillennialsmortgagemortgage ratesnew home salesreal estate servicesrefinancesg&asingle-family rentalstocksstudent debtsupplysurvey
