Real estate giant Zillow said in a report last week that it believes housing demand will remain strong for years to come as buyers try to make up for lost time caused by the impact of the Great Recession last decade. In its most recent analysis, Zillow said that low rates of household formation since
Report: Tough realities for younger generations hold back housing
March 22, 2018 by
Younger generations are finding it tough to make progress as adults, and in turn that’s stymieing growth in housing markets, according to a new report from Freddie mac. The report compares young adults to previous generations and measures their impact on household growth. Unfortunately, Freddie Mac says that for younger generations, “’adulting’ is getting hard
FED: Household Formation At Lowest Levels Ever Recorded In U.S.
February 20, 2014 by
According to Federal Reserve economists, the rate of new household formation has plummeted to it’s lowest level since records began being kept at the end of WWII. Down some 59% from the historical trend, we are seeing around 550,000 new households formed each year, as opposed to the average of 1.35 million per year through
Formation of More Households to Increase Demand for Homes
October 29, 2013 by
The housing market throughout the country is beginning to recover, and prices are even on the increase. An important part of the recovery is the demand created through the formation of new households, something that is rising once more. According to the article in RisMedia, figures from the latest US Census Bureau’s Housing Vacancy Survey
FRED Chart: Mortgage Delinquency Rates Up Again, Fundamentals Favor Investors
January 30, 2013 by
Just when you thought it was safe to go back into the housing market. I’ve seen numerous articles in the media on how well the housing market is picking up. Many “experts” are predicting that 2013 will be the year that a housing recovery finally picks up steam. But The St. Louis Federal Reserve Bank has some interesting housing data of their own.
