Long-Term Increase in Asian and Hispanic Homeownership Rates Underappreciated
October 21, 2016 by Zelman & Associates
As of the 2010 Decennial Census conducted by the Census Bureau, 64% of the population was characterized as being of White race, down from 69% in 2000 and 76% in 1990. Depending on immigration assumptions, demographers estimate that the White ...
Filed Under
demographicshomeownership
Apartment-Centric Population Expected to Trail Modestly Over Next Decade
October 07, 2016 by Zelman & Associates
We define the “Millennial” generation as those born between 1984 and 2002, making them 14-32 years old at present. According to the Census Bureau, there are approximately 83.5 million people in the United States in this age cohort ...
Filed Under
apartmentsdemographicsmillennials
Mixed Results for Housing-Related Stock Prices in 3Q16 and Year To Date
October 07, 2016 by Zelman & Associates
Zelman & Associates produces stock price indices for eight sectors where it provides equity research coverage, presently capturing almost 90 companies. In the third quarter, the S&P 500 index appreciated 3% while the 10-year Treasury yield ...
9th Annual Housing Summit Brings Together Hundreds of Industry Leaders
October 07, 2016 by Zelman & Associates
Two weeks ago, Zelman & Associates hosted its 9th Annual Housing Summit in Boston. The event attracted record attendance of over 700 institutional investors and housing industry executives. Our interactive panels included homebuilders, building ...
Filed Under
macro housing
Consumer Misperception of Mortgage Credit Leaves Opportunity
September 23, 2016 by Zelman & Associates
For industry executives primarily dependent on the housing market for revenue, it is widely understood that consumers can secure a mortgage with less than 20% down – the benchmark that was more common in prior generations but has now shifted ...
Ends of Income Spectrum Shaping Current Story of Existing Home Sales
September 23, 2016 by Zelman & Associates
Each month as part of our private homebuilder survey, we ask our contacts to rate new home demand by price point on a 0-100 scale. In August, the entry-level segment was rated at 67.3, representing the strongest of the five price points for ...
Filed Under
existing home salessurvey
After Strong Home Price Increases This Cycle, Affordability Still Screens Favorably
September 09, 2016 by Zelman & Associates
There are numerous home price measures that are provided by the government and private entities, both for free and a charge, that offer market participants a general understanding of national pricing. Given that all of the datasets have their ...
Filed Under
affordabilityhome pricing
Facts Behind “Millennials” and Home Purchases
September 09, 2016 by Zelman & Associates
It seems that not a day goes by that a major news outlet does not mention the term “Millennial,” typically with a focus on how this generation is likely to impact the economy as it ages. The term Millennial was initially used to describe young ...
Filed Under
demographicsentry-levelmillennials
The Fed Watch: What Does Next Raise Mean for Mortgage Rates?
September 09, 2016 by Zelman & Associates
The Federal Open Market Committee (FOMC) is scheduled to announce its next policy rate decision on September 21st, putting the trajectory of interest rates back into the media headlines. Last December, the FOMC raised the target for the federal ...
Filed Under
mortgage rates
Analyzing Impact of Student Debt on Homeownership and Single-Family Living
August 26, 2016 by Zelman & Associates
Earlier this month, Fannie Mae posted an article titled “Student Debt Isn’t the Roadblock to Homeownership Many Believe”, emphasizing that student debt is not the deciding factor behind whether young adults own their home or not, because it ...
Filed Under
demographicsstudent debt
affordabilityapartmentsbaby boomersbuild-for-rentBuilding Productsconstruction lendingdemographicsentry-levelexisting home saleshome improvementhome pricinghomebuildinghomeownershiphousehold formationhousinghousing startsinstitutional investorsinterest ratesmacro housingManufactured Housingmillennialsmortgagemortgage ratesnew home salesreal estate servicesrefinancesg&asingle-family rentalstocksstudent debtsupplysurvey