Zillow

Drought Intensifies for Starter Supply

May 1st, 2018
There is all-but-dried up inventory on the market—and, for buyers at the entry level, any available homes are likely priced out of reach, according to the March Zillow® Real Estate Market Report. “This year’s home-shopping season is shaping up to...

20 Desirable Neighborhoods: Popular, but Not Sought-After

May 3rd, 2018
Homebuyers often idealize their wants on their wish list—and, for many, location is at the top. The aspiration for a certain location, however, may be just that: an aspiration, according to a new report by Zillow that identifies what areas...

HQ2 Impact on the Winning City’s Rental Market

May 8th, 2018
The search for HQ2 continues, and Amazon is slowly whittling down its list of top 20 contenders. Visits to the top 20 prospects have been completed, and these cities are eagerly awaiting to hear whether another round of cuts is...

For Buyers, Credit Matters—but How Much?

May 20th, 2018
Borrowers not as creditworthy as others often have higher mortgage payments; in fact, according to an analysis recently released by Zillow, the average borrower categorized with credit as “fair” can be on the hook for $21,000 more than a borrower...

Zillow: $40 Billion to Flood Into Housing Market, Even as Homeowner Incentives Limited

May 22nd, 2018
Americans’ earnings, generally, have gotten a lift on payday as a result of the Tax Cuts and Jobs Act. With cuts come more discretionary spending—and, although there are changes to homeowner incentives, almost $40 billion of it is going into...

Experts Are Eyeing a Recession in 2020—but It’s Not Why You Think

May 23rd, 2018
The economy is on a roaring run. Is a downturn imminent? Experts in housing are predicting a recession starting in 2020, according to Zillow’s 2018 Q2 Home Price Expectations Survey; however, they anticipate monetary policy—not the housing market—as primarily responsible...

Appreciation Today Is Mirroring the Pre-Recession Sprint

May 29th, 2018
Appreciation currently is at its fastest since June 2006, just ahead of the downturn, according to the April Zillow® Real Estate Market Report. Nationally, the median price is $215,600, growing at an 8.7 percent rate year-over-year, according to the Zillow...

Report: Underwater Mortgages Dip Below Post-Recession Lows

May 31st, 2018
Since the financial crisis of 2008, mortgage delinquencies have steadily decreased. During the peak of the recession, over 30 percent of homeowners owed lenders more than the value of their home. Now, underwater mortgages have dipped below the 10 percent...

New Report Demonstrates Robust Competition in Real Estate Brokerage Market

June 3rd, 2018
Later this year, a 10-year-old settlement and consent decree between the National Association of REALTORS® (NAR) and the U.S. Department of Justice (DOJ) mandating how listings are displayed by online brokerages will expire. Prior to that, on June 5, 2018,...

Report: Buying Is Eating Up More Income

June 30th, 2018
A bigger piece of the pie. The average homeowner is forking over 17.1 percent of their income for their mortgage, an allocation that has grown from 15.9 percent in 2017, according to a recent report by Zillow. The increase is...
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