"The housing market is stabilizing after the turbulence of the pandemic, but the effects will be with us for a long time," said Zillow Senior Economist Jeff Tucker.
Read More »Lock-In Effect Leads Average Home Prices to Breach $350K
Even though low inventory caused by the lock-in effect is causing a crunch for home seekers, prices continue to rise and have hit a new record high, eclipsing the previous peak set one year ago.
Read More »November Brought Minor Relief to Affordability
A combination of declining home values and lower mortgage rates brought down average mortgage payments by $100.
Read More »Competition Set to Return to the Housing Market?
As home values continue to trend upward, inventory is heading in the opposite direction, setting the stage for a more competitive market this winter.
Read More »Home Values Appreciate 19.2% YoY in October
A seasonal slowdown in purchase activity has not dampened home values, as the limited supply remains priced at a premium.
Read More »Housing Inventory Rises for the Fifth Consecutive Month
With the winter around the corner, Zillow has found the minor growth in inventory is helping shift the scales slightly in favor of buyers.
Read More »Who Is Squeezing Millennials Out of the Market?
Younger buyers are comprising a smaller share of the market than in previous years, as first-time home shoppers are being ousted by demand from repeat baby boomer buyers.
Read More »Hope Ahead for Housing Supply?
A new Zillow analysis finds that housing inventory saw meaningful recovery for the second month in a row in June.
Read More »Pandemic Forces Shifts in Migration
A new study has found that that 11% of Americans have been forced to relocate to the pandemic, increasing the pool of Americans seeking homes in an already-constricted market.
Read More »Rent Growth Hits 10-Month High
A report examined the factors that led to the acceleration of annual rent growth rates in housing markets across the U.S.
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