Posts from April 2018
The Most Important Residential Construction Metric Never Discussed
April 20, 2018 by Zelman & Associates
There are many data points that are referenced by executives, investors and reporters to interpret the direction and position of the housing market, including existing home sales, new home sales, housing starts, the homeownership rate, home ...
Filed Under
household formationmacro housing
An Indirect Benefit from Tax Reform to Entry-Level Buyers as Insurance Rates are Cut
April 20, 2018 by Zelman & Associates
Earlier this year, we dissected the impact of tax cuts on net income for different income cohorts, noting that the average individual tax filer would experience an approximate 1.5% increase in after-tax cash flow in ...
Filed Under
affordabilityentry-levelmortgage
Sorting Through Noise to Identify Trend in Dual-Income Homes, Affordability Impact
April 06, 2018 by Zelman & Associates
From 2011-17, the median existing home price appreciated by 5.9% per year and the median multi-family rental rate climbed by 3.5% annually. Both figures outstripped our calculation of entry-level income growth at 2.2% per year. Naturally, the ...
Filed Under
affordabilitydemographicsmacro housing
affordabilityapartmentsbaby boomersbuild-for-rentconstruction lendingdemographicsentry-levelexisting home saleshome improvementhome pricinghomebuildinghomeownershiphousehold formationhousinghousing startsinstitutional investorsinterest ratesmacro housingmillennialsmortgagemortgage ratesnew home salesreal estate servicesrefinancesg&asingle-family rentalstocksstudent debtsupplysurvey