Zelman Insights

Exclusive insights and analyses from our industry-leading research team

Is Angst About Possible Change to Mortgage Interest and Other Deductions Justified?

November 17, 2017 by Zelman & Associates

Over the last two weeks, committees in the House of Representatives and Senate released tax plan proposals that aimed to lower personal and corporate taxes. On the personal side, while the two proposals have many nuances and variances in how ...

Despite Millennials, the Strongest 20-34 Aged Population Growth in Rearview Mirror

November 03, 2017 by Zelman & Associates

According to the Census Bureau, there were approximately 249 million adults in the United States as of its last population estimates in July 2016. Versus the prior year, growth in the adult population measured slightly less than 0.9%, the weakest ...

As Ownership Rate Inches Higher Again, Consumer Actions Trumping Sentiment

November 03, 2017 by Zelman & Associates

Several months ago, we wrote an analysis titled “Will This Halt the ‘Renter Nation’ War Cries?” after 2Q17 homeownership rates were published in the Housing Vacancies and Homeownership Survey (HVS) by the Census Bureau ...

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Filed Under
homeownership

Questions Arise as Residential Investment in GDP Hits Softest Growth Since 2Q11

November 03, 2017 by Zelman & Associates

Last week, the Bureau of Economic Analysis (BEA) released its preliminary estimate of 3Q17 GDP growth. As measured directly, investment in residential structures is on pace to average approximately $730 billion this year, accounting for almost ...

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Filed Under
macro housing

New Disclosures Show Young, Minorities and Lower Income Lead Mortgage Rebound

October 20, 2017 by Zelman & Associates

Based on our national mortgage finance research, we estimate that 2.57 million unit purchase mortgages were originated in 2011, which stood 61% lower than the cycle peak of 6.60 million in 2005 and represented the lowest production since at ...

Non-Banks Dominating Origination Market with Some Startling Growth Rates

October 20, 2017 by Zelman & Associates

While banks dominate mortgage credit headlines given that the majority are publicly traded, host investor conference calls and are recognizable brand names, non-depository mortgage companies ...

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Filed Under
mortgage

What to Learn from Where Older Cohorts are Living, Moving?

October 06, 2017 by Zelman & Associates

Baby boomers are accepted as the generation born from 1946-64. There were approximately 76 million births during these years, which was a robust 53% higher than the 19 years prior given overall population growth, the effects of the Great Depression ...

Do You Realize the Unreliability of Widely-Cited Construction Spending Statistics?

October 06, 2017 by Zelman & Associates

Every month, the Census Bureau publishes The Value of Construction Put in Place Survey, which is intended to provide monthly estimates of the total dollar value of construction work done in the United States. As it relates to the residential ...

In Face of New Tech, Biggest Broker Brands in Real Estate Continue to Take Share

October 06, 2017 by Zelman & Associates

To many stock investors, the residential brokerage industry is viewed through the eyes of publicly-traded Realogy given its quarterly financial disclosures. With its brokerage business consistently ceding market share in recent years and the ...

Highlights from Zelman & Associates’ 10th Annual Housing Summit

September 22, 2017 by Zelman & Associates

Last week, our firm celebrated its 10th Annual Housing Summit – an event that welcomes hundreds of our institutional investor clients and leading industry executives operating across all sectors tied to the housing market. Over the two-day ...

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Filed Under
macro housing