Key Highlights National house price-to-rent ratio used as barometer of housing valuation Result? Average house selling for more than “fair value” House Price-to-Rent Ratio Similar to Price-to-Dividend Ratio for Stock Market One of the key measures economists use to determine

Key Highlights 11M+ behind on rent Those 11M+ renters could face eviction in June CDC Eviction Moratorium Ends June 30 The Centers for Disease Control and Prevention (CDC) is set to end its eviction moratorium on June 30. The 11M+ renters

Key Highlights Millennials own some 5% of all wealth, lower share than previous generations BUT Millennials have same inflation-adjusted financial assets per capita than prior generations at same age Millennials Accumulating Assets at Same Rate of Gen-Xers & Boomers If

Key Highlights More Boomers aging, more homes needing to accommodate less agile, mobile Boomers Design and renovation principles must adapt to senior “friendliness” Boomers Want to “Age-in-Place” Research tells us that Boomers want to “age-in-place” in their own homes/neighborhoods while

Key Highlights 89% of homeowners made some kind of home improvements during pandemic 2020 58% of those home improving homeowners did work themselves Pandemic Inspired Home Improvements During 2020 A recent survey by Bid-on-Equipment indicated that the COVID pandemic inspired a

Key Highlights US builders on pace to start construction on 1.1M single-family homes this year, the most since 2006 Still below peak of 1.7M new homes in 2005 Home Builders Risk Losing Business White-hot housing demand so out-strips supply that

Key Highlights San Jose’s existing home sales spiked to +47.9% y/y in March 2021 Median listing price now $1.4M Silicon Valley Home Prices Keep Rising Silicon Valley’s home prices have never be “cheap” but now in this sizzling hot housing