Will This Halt the “Renter Nation” War Cries?
July 28, 2017 by Zelman & Associates
Last week, Pew Research Center published a short analysis titled “More U.S. households are renting than at any point in 50 years”, which caught numerous media headlines and fed the rhetoric among those that believe the homeownership rate and ...
Filed Under
homeownership
Amazon Tackles Appliances – Impact to Home Depot and Lowe’s?
July 28, 2017 by Zelman & Associates
Last week, Amazon announced an agreement with Sears to begin selling the Kenmore brand of appliances through its website, starting with air conditioners and expanding to a full-line of home appliances at a later date. ...
Filed Under
home improvement
A Unique Look at How Single-Family Rental Tenants Differ from Owner Peers
July 14, 2017 by Zelman & Associates
As we have reported previously, there are approximately 16 million single-family rental homes across the country, accounting for almost 35% of all rental properties and clearly standing as a critical component of the housing supply chain. Looking ...
With Inflation the Topic Du Jour, Housing Will Play a Key Factor Moving Forward
July 14, 2017 by Zelman & Associates
In her testimony to the House Financial Services Committee earlier this week, Federal Reserve Chair Janet Yellen noted that “the [Federal Open Market Committee] will be monitoring inflation developments closely in the months ahead.” The cautionary ...
Filed Under
macro housing
3% GDP Growth Elusive for Forever-Optimistic Economists
July 14, 2017 by Zelman & Associates
Having the responsibility of consistently predicting the future in a public forum is not for the faint of heart. Thus, we do not envy economists that are forced to opine on such far-reaching themes as energy, international trade, the consumer ...
Filed Under
macro housing
With Limited New Home Price Data, Where Do Prices Really Stand Versus Peak?
July 14, 2017 by Zelman & Associates
There are various price indices that track existing home trends with sophisticated algorithms that rely on repeat sales transactions to produce high-quality datasets, including CoreLogic, Case-Shiller, the Federal Housing Finance Agency and ...
Filed Under
affordabilityhome pricingnew home sales
If a Recession is Around the Corner, You Won’t Be Able to Blame Housing
June 30, 2017 by Zelman & Associates
Over the last 30 years, investment in residential structures has accounted for approximately 4% of national gross domestic product (GDP). This component of GDP as defined by the Bureau of Economic Analysis covers new construction of single-family ...
Filed Under
macro housing
Single-Family Rentals Emerging from Apartment Shadows
June 30, 2017 by Zelman & Associates
Our proprietary survey of single-family rental owners and managers dispersed across the country suggested further fundamental improvement in May. Overall, single-family operators continued to experience strong renter demand and pricing power ...
Filed Under
apartmentssingle-family rentalsurvey
Don’t Be Confused, A Good Time to Sell is a Good Thing to Hear
June 16, 2017 by Zelman & Associates
Beginning in mid-2010, Fannie Mae began publishing a monthly survey of approximately 1,000 households, canvassing various perceptions related to the housing market and economy. One of the questions asked monthly is: “In general, do you think ...
Filed Under
home pricing
House “Flipping” Hints at Redevelopment of Stale Existing Home Inventory
June 16, 2017 by Zelman & Associates
Last week, ATTOM Data Solutions released its quarterly Home Flipping Report, meant to quantify homes that were purchased and sold within a 12-month period in an arms-length transaction. Historically, we believe that house flipping has carried ...
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