August 25, 2017 by Zelman & Associates
Over the last four years, our national home improvement proxy index has increased 6.0% annually, holding in a relatively tight range of 5.8-6.2%. To frame how dramatically the market has shifted from the depths of the recession, our index was ...
Filed Under | home improvementsurvey
August 25, 2017 by Zelman & Associates
Yesterday, the National Association of Realtors released its estimate for July existing home closings. Adjusted for seasonality, transactions were up 2% year over year, leaving the trailing three-month average increase at a similar 2% level ...
Filed Under | existing home salesmacro housing
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
August 25, 2017 by Zelman & Associates
Almost a year ago in an analysis titled, “Entry-Level Wage Growth Not Great, but Continuing to Improve”, we offered a relatively optimistic outlook for entry-level incomes with the growth rate improving for two key indicators in 2016 compared ...
Filed Under | entry-levelmacro housing
August 11, 2017 by Zelman & Associates
Last week, the Federal Reserve published its latest Senior Loan Officer Opinion Survey with the goal to “provide qualitative and limited quantitative information on credit availability and demand.” As it relates to residential real estate capital ...
Filed Under | apartmentsconstruction lendinghomebuilding
August 11, 2017 by Zelman & Associates
Earlier this week, Fannie Mae released the results of its monthly consumer survey focused on housing-related consumer sentiment. According to the July feedback, “the net share of Americans who say it is a good time to buy a home fell 7 percentage ...
Filed Under | macro housingsurvey
affordabilityapartmentsbaby boomersconstruction lendingdemographicsentry-levelexisting home saleshome improvementhome pricinghomebuildinghomeownershiphousehold formationhousing startsinstitutional investorsmacro housingmillennialsmortgagemortgage ratesnew home salesreal estate servicesrefinancesingle-family rentalstocksstudent debtsurvey