Archive for September 2016
Millennials’ Homeownership Aspirations Still Strong
Since the historic U.S. housing bust, there has been much speculation that millennials would lead a permanent shift away from homeownership. The latest U.S. Housing Confidence Survey of 10,000 heads of household–3,095 of whom are of the millennial generation–confirm yet again that renter households headed by 18-34 year-olds continue to have a hearty appetite for…
Read MoreGap in U.S. Home Transaction Sentiment is Wider than Ever
Financial capacity limitations–along with a dwindling inventory of affordable single-family homes–are weighing-down renters’ confidence in the housing market, and contributing to a widening gap in “home transaction sentiment.†The latest edition of The U.S. Housing Confidence Survey of 10,000 heads of household–3,762 of whom are renters–reveals a growing imbalance that warrants monitoring. As reported by…
Read MoreU.S. Housing Confidence Inches Higher
The latest edition of The Zillow Housing Confidence Index (ZHCI), published this morning, shows that confidence in the residential real estate market firmed further in July, reflecting the persistence and breadth of the U.S. housing recovery. For those unfamiliar with this gauge, ZHCI was developed by Pulsenomics LLC to effectively monitor and concisely communicate the…
Read More