Tag: demographics

Income Analysis Suggests Future Firepower for Homeownership

May 03, 2019 by Zelman & Associates

For 1Q19, the Census Bureau’s Housing Vacancy and Homeownership Survey (HVS) estimated the national homeownership rate at 64.2%, unchanged from 1Q18. This is the first time out of the last eight quarters that homeownership did not increase ...

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demographics homeownership

What Exactly are Young Adults Living at Home Up To?

April 05, 2019 by Zelman & Associates

Approximately 34% of young adults are living in their parents’ home, more than at any point over the last 50-plus years, which has remarkable consequences for housing demand. While this fact is well understood and has spawned many questions ...

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demographics millennials

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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baby boomers demographics millennials

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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demographics millennials

What States are Magnets for Young Adults? You Might Be Surprised

February 22, 2019 by Zelman & Associates

As detailed last year, the strongest population growth of late according to the Census Bureau was in Nevada, Idaho, Utah, Arizona and Florida. Above-average growth in these states is likely not surprising ...

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demographics millennials

Key Factors Behind Packing Up and Moving Across the Country

January 11, 2019 by Zelman & Associates

Last week, United Van Lines, the largest moving company in the country, released its annual National Movers Survey, which provides insight into state-to-state moves. Although professional long-distance moves likely skew toward single-family ...

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demographics macro housing

Latest Population Estimates Offer First Look at Impact of Tax Reform

December 28, 2018 by Zelman & Associates

Following the passage of income tax reform a year ago, we detailed the relative winners and losers and the expected impact on housing demand. At that time, it was estimated that the largest shares ...

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demographics macro housing

Why are So Many People Just Staying Put?

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 ...

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demographics macro housing

Halfway Through 2018, Births Reverse Surprising Decline of 2017

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 ...

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demographics millennials

Want Your Adult Child to Move Out? Find Them Love

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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demographics millennials