Read about Zelman & Associates in the media
Friday, January 13, 2023
Alan joined Fox Business Network to discuss how new construction is playing a role in increasing the current housing supply. Hear his insight on how incentivizing buyers could be the only way to move inventory.
Watch HereThursday, January 12, 2023
Ivy's thoughts were referenced in this article regarding the lack of housing inventory given work from home and interest rates. Recency bias, or the belief that recent events will occur again soon, keeps many of us, like the Fed, looking through the rearview mirror, missing what’s ahead.
Read HereWednesday, January 11, 2023
Dennis was featured on CNBC discussing the consumer price index insight throughout 2023. “Our data is showing that there is deceleration…but the question is how quickly that deceleration unfolds.”
Watch HereMonday, December 12, 2022
In a recent interview with Ted Oakley of Oxbow Advisors, Ivy's perspective on mortgage rates and the housing market demand were referenced within this article, "If we don't see any type of improvement in the economy and rates are stubbornly higher than 6%, I think you are going to see pricing continue to decline."
Read HereThursday, December 8, 2022
North Carolina’s capital had the biggest monthly drop in rents among major U.S. apartment markets where rates fell in November, the latest sign the nation's surge in rent increases is easing. This past week, Ivy was a guest on the Walker Webcast. She provided her thoughts on what's happening now with rent levels saying, "The October numbers were pretty ugly."
Read HereWednesday, December 7, 2022
In a recent article about home prices and the fed tightening of rates, Zelman & Associates was referenced with our forecast where U.S. home prices might be headed: "Back in the summer, the boutique research firm forecasted that U.S. home prices would fall 4% in 2023 and another 5% in 2024. Fast-forward to November, and Ivy Zelman, founder of the firm, says we could now see a 20% peak-to-trough decline."
Read HereWednesday, December 7, 2022
The Fed's fight against inflation has led to high mortgage interest rates, cooling housing demands. Alan provided his thoughts on the housing downturn which could be "a multi-year process as buyers and sellers are both likely to stay on the sidelines if they are unsatisfied with the offers they receive, or if higher rates dismay them."
Read HereWednesday, December 7, 2022
In this episode, Willy welcomes Kris Mikkelsen, Ivy Zelman, and Aaron Appel. Kris Mikkelsen is the Executive Vice President of Walker & Dunlop Investment Sales and is responsible for the origination and execution of investment sales and equity capital raise for multifamily assets focusing on the Southeastern markets. Ivy Zelman is the Executive Vice President of Walker & Dunlop Research and Securities. She is also the CEO of Zelman & Associates, a leading housing research and investment banking firm acquired by Walker & Dunlop in 2021. Aaron Appel is the Senior Managing Director of Capital Markets at Walker & Dunlop. He focuses on sourcing and structuring financing for all commercial real estate asset classes nationally.
Watch HereTuesday, December 6, 2022
Alan believes the housing market won't recover any time soon and a housing market recovery will take years. He said, "We were seeing levels of inflation, at least in our part of the world, housing, that clearly were not healthy, clearly were not sustainable," he said. "It should have been clear to everybody that if things continued at that level that there were going to be problems."
Read HereMonday, October 24, 2022
Surging mortgage rates have quickly turned the tables for would-be buyers qualifying for loans. As a result, a slowdown of qualified buyers have significantly decreased. The Las Vegas market is already seeing a meltdown. Ivy provided her thoughts saying, “How rapidly things have deteriorated is pretty remarkable,” but “there’s a huge difference from the go-go days of exotic mortgage products and no money down,” with the latter quote referring to the loose lending environment before the 2007 crisis.
Read Here