Tag: millennials
As Consumer Debt Hits New Peak, It’s Not the Young Flashing Warning Signs
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
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 ...
Filed Under
demographicsmillennials
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 ...
Filed Under
demographicsmillennials
Worried About Boomers Selling? – Busting the “McMansion” Myth
August 10, 2018 by Zelman & Associates
As of 2017, we estimate that there were approximately 78 million single-family detached homes in the country, of which 65 million were owner-occupied. We further estimate that Baby Boomers – defined as people born from 1946-64 – owned almost ...
Young Adult Homeownership Rises Again and We’re Optimistic it is Just the Start
July 27, 2018 by Zelman & Associates
According to data just released by the Census Bureau, the national homeownership rate continued its cyclical recovery, averaging 64.3% in 2Q18. This is 60 basis points stronger than in 2Q17, marking the sixth consecutive quarter that year-over-year ...
Filed Under
homeownershipmillennials
Don’t Let Fiction Override Facts When it Comes to Millennials, Births and Housing
July 13, 2018 by Zelman & Associates
In late May, the Center for Disease Control and Prevention (CDC) released preliminary 2017 birth data. The totals were surprisingly weak after six years of strength among key age cohorts. Naturally, the weakness spurred numerous ...
Filed Under
demographicsmacro housingmillennials
An Underappreciated Shift of Young Adults to Single-Family Living on Horizon
May 18, 2018 by Zelman & Associates
The importance of demographics to the overall housing market is widely understood and discussed, but is also often misinterpreted in our opinion. One area of heavy demographic focus today is on the “Millennial” generation and how its size, ...
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demographicsmillennials
Homebuying Demands for Millennials and Generation X are More Alike than Dissimilar
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
Despite Millennials, the Strongest 20-34 Aged Population Growth in Rearview Mirror
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
Second Kid Typically the Final Straw Before Heading to Suburbs
August 25, 2017 by Zelman & Associates
We recently detailed that “good” births, or births to women at least 25 years of age, were up 1.5% in 2016 based on preliminary estimates from the Center for Disease Control. While those estimates have been revised ...
Filed Under
demographicsmillennials
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