Posts from December 2017

Keep it Simple: A State-Level Look at Population Growth and Housing Demand

December 29, 2017 by Zelman & Associates

Once a year, the Census Bureau releases population estimates for the country, states and local areas, which help to gauge trends between the more expansive decennial censuses. Last week, the national and state estimates as of July 2017 were ...

National Mortgage Debt Climbing Again but Leverage Healthier than You’d Think

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 ...

Americans Moving at Slowest Pace in History – What is True Housing Takeaway?

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 ...

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 ...

Cash-Out Refinances Gaining Share, but Not the Macro Impact that You Might Think

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. ...