Posts from March 2019
Is Your State Winning or Losing Among Millennial, Baby Boomer Movers?
March 22, 2019 by Zelman & Associates
In February, we analyzed state-to-state migration patterns of 25-29 year old households – the heart of the Millennial generation – showing that the catalyst to bring a young adult to a state often differs from ...
Filed Under
baby boomersdemographicsmillennials
30-Year Olds: Still Acting Young or Growing Up?
March 22, 2019 by Zelman & Associates
In 2007, 66.1% of 30-39 year old households lived in a single-family dwelling, inclusive of owned and rental homes. This was the peak of the decade, with the share dropping each of the next eight years as the Great Recession unfolded and aftereffects ...
Filed Under
demographicsmillennials
Historically Linked, Here’s Why Housing Outlook Far Superior to Autos
March 08, 2019 by Zelman & Associates
Historically, the housing and auto markets have been highly linked given the big-ticket nature of the consumer purchases and the dependence on credit for the majority of buyers. For example, from 1990-2016, auto sales and housing starts have ...
Filed Under
macro housingmortgage
Single-Family Rental Sector Enjoying Sweet Spot of Growth Amidst Tight Supply
March 08, 2019 by Zelman & Associates
Public REITs Invitation Homes (INVH) and American Homes 4 Rent (AMH) are the two largest single-family landlords in the country, owning almost 81,000 and 53,000 homes, respectively. While each company controls less than 1% of national single-family ...
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institutional investorssingle-family rental
Strong Signal as Homeownership Rises Again Despite Transaction Weakness
March 08, 2019 by Zelman & Associates
According to the latest Housing Vacancy Survey (HVS) from the Census Bureau, the national homeownership rate improved again in 4Q18, reaching 64.8% versus 64.4% in 3Q18. This now marks the highest level since 1Q14 and represents the eighth ...
Filed Under
homeownership
affordabilityapartmentsbaby boomersbuild-for-rentconstruction lendingdemographicsentry-levelexisting home saleshome improvementhome pricinghomebuildinghomeownershiphousehold formationhousinghousing startsinstitutional investorsinterest ratesmacro housingmillennialsmortgagemortgage ratesnew home salesreal estate servicesrefinancesg&asingle-family rentalstocksstudent debtsupplysurvey