Exclusive insights and analyses from our industry-leading research team
December 29, 2017 by Zelman & Associates
According to the Federal Reserve Bank of New York’s (FRBNY) quarterly report on household debt and credit, residential mortgages accounted for 71% of outstanding liabilities in 3Q17, far surpassing student loans (10%), auto loans (9%) and credit ...
Filed Under
macro housingmortgage
December 15, 2017 by Zelman & Associates
According to a recent study released by the Census Bureau, 11.0% of the U.S. population moved in the year ended 1Q17. The study refers to this as the “mover rate” and notes that the latest reading was lower than 11.2% in the prior year, which ...
Filed Under
demographicshomeownership
December 15, 2017 by Zelman & Associates
Unlike the Baby Boomer generation that is generally accepted as being born over the 19 years covering 1946-64, varied definitions exist for the following Generation X or the more recent Millennials. From our perspective, the most logical segmentation ...
Filed Under
baby boomersdemographicsmillennials
December 01, 2017 by Zelman & Associates
Last week, Freddie Mac released its quarterly refinance statistics for 3Q17. The analysis uses a sample of properties where Freddie Mac has funded two successive conventional, first-mortgage loans, and the latest loan is for a refinancing. ...
Filed Under
home improvementmortgagerefinance
November 17, 2017 by Zelman & Associates
Over the last two weeks, committees in the House of Representatives and Senate released tax plan proposals that aimed to lower personal and corporate taxes. On the personal side, while the two proposals have many nuances and variances in how ...
Filed Under
homeownershipmacro housing
November 03, 2017 by Zelman & Associates
According to the Census Bureau, there were approximately 249 million adults in the United States as of its last population estimates in July 2016. Versus the prior year, growth in the adult population measured slightly less than 0.9%, the weakest ...
Filed Under
apartmentsdemographicsmillennials
November 03, 2017 by Zelman & Associates
Several months ago, we wrote an analysis titled “Will This Halt the ‘Renter Nation’ War Cries?” after 2Q17 homeownership rates were published in the Housing Vacancies and Homeownership Survey (HVS) by the Census Bureau ...
Filed Under
homeownership
November 03, 2017 by Zelman & Associates
Last week, the Bureau of Economic Analysis (BEA) released its preliminary estimate of 3Q17 GDP growth. As measured directly, investment in residential structures is on pace to average approximately $730 billion this year, accounting for almost ...
Filed Under
macro housing
October 20, 2017 by Zelman & Associates
Based on our national mortgage finance research, we estimate that 2.57 million unit purchase mortgages were originated in 2011, which stood 61% lower than the cycle peak of 6.60 million in 2005 and represented the lowest production since at ...
Filed Under
entry-levelmortgage
October 20, 2017 by Zelman & Associates
While banks dominate mortgage credit headlines given that the majority are publicly traded, host investor conference calls and are recognizable brand names, non-depository mortgage companies ...
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