Presentation is loading. Please wait.

Presentation is loading. Please wait.

Housing Cycle: New Owner Demand vs. Renter Demand

Similar presentations


Presentation on theme: "Housing Cycle: New Owner Demand vs. Renter Demand"— Presentation transcript:

1 Housing Cycle: New Owner Demand vs. Renter Demand

2 Homeownership Rates for the US and West Region, 1964 to 2016

3 King and Snohomish Counties Housing

4 Pierce County Housing Permits

5 Units Authorized by the Western Census Region

6 Housing Permits Issued in the US

7 Why so few single family homes?
The end of sub-urbanization and the popularity of urban living. Demographic shifts. Type of in-migration. Aging population of homeowners = stability. Declining volume of single-family turnover. Housing crash Tighter credit. Gun shy buyers. No appreciation, so why buy? New employment concentrated in city core. Affordability issues.

8 If we are not building new single family homes or condos– Where are new households going to live?

9 Projected Population Distribution by Age, 2010-2030

10 US Birth Rates,

11 Employment by Annual Percentage Change

12 Population Growth

13 Seattle Metropolitan Historical and Forecast Households

14 Seattle MD Apartment Forecast Summary

15 Components of Shelter

16 Two-Year Supply Survey

17 Two-Year Apartment Market Summary

18 Two Year Market Breakdown

19 Vacancy History Chart June 2006-June 2017

20 Seattle MD Balance Chart

21 Seattle Balance Chart

22 Eastside Balance Chart

23 Southend Balance Chart

24 Snohomish Balance Chart

25 Downtown Seattle Core Apartment Supply 2010-2020


Download ppt "Housing Cycle: New Owner Demand vs. Renter Demand"

Similar presentations


Ads by Google