by Eric Brescia Economist Economic & Strategic Research Group
With oil prices continuing to fall over the past month, the notion of "lower prices for longer" is increasingly becoming the consensus view. As a result, the prospect of an oil bust draws comparisons to the past slump of the 1980s.
This new edition of Housing Insights from Fannie Mae's Economic & Strategic Research (ESR) Group projects cumulative five-year (2014-2019) house price growth "drags" caused by this past year’s oil price decline for 10 oil-producing states ...Read more »
by Sarah Shahdad Strategic Planning Analyst Economic & Strategic Research Group
Housing and demographics are inextricably linked. Speculating on the preferences of millennials, the largest generation in U.S. history according to some estimates, is a daily occurrence in the media.
Our National Housing Survey™ (NHS) data indicates that millennial renters today have as much desire to own a home as the general population of renters. According to NHS data, the substantial majority of renters age 25-34 say that owning makes ...Read more »