Posts from December 2018
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 ...
Filed Under
demographicsmacro housing
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
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 ...
Filed Under
demographicsmacro 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