A new Zillow report forecasts Charlotte, North Carolina as 2023’s hottest market. Here’s what else their data reveals.
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 »Zillow Predicts 2023 Midwest Housing Boom
The Midwest did not experience the same price surges other areas of the country have experienced since the beginning of the pandemic.
Read More »Slowdown in Supply and Demand Force Sellers to Improvise
As many would-be home sellers are holding onto their existing homes, properties are now staying on the market longer according to the latest Zillow analysis, leaving sellers to try and draw in homebuyers with attractive listings and price drops.
Read More »Home Sales Slowing as Inventory Remains Low
Home sales in September saw a significant dip compared to August, decreasing about 30% lower than the same time last year. While inventory is up just 3%, numbers remain nearly 40% below 2019 levels.
Read More »First-Time Buyers Giving Housing Market a Boost
The share of first-time homebuyers rose in August, posting a strong year-over-year gain that brought market share up to pre-pandemic levels.
Read More »Americans More Fearful of Home Prices Than a Recession
While 75% of Americans predict a recession within two years, their primary concern at the moment is continuing high home prices.
Read More »Flood Risk Becoming More Prominent Industry Concern?
Areas with a higher risk of flooding are seeing an increase in the rate of mortgage application denials and withdrawals, while risks associated with other climate events are having little impact on mortgage lending in those areas.
Read More »Economist: 2023 Will Bring a ‘Significant Shift in Power’
“Those still able to afford homeownership are quickly regaining lost leverage, but this shift to a more balanced market is still in its early stages," said Nicole Bachaud, Senior Economist at Zillow.
Read More »Renters Losing Sleep While Searching for Homes
According to a new Zillow report, finding and landing a rental is stressing Americans out nationwide. The typical monthly rent in the U.S. has soared to a record high of $2,031, and the latest Zillow survey reveals just how tired ...
Read More »