Almost a quarter of U.S. home sales in 2017 were above asking price



Almost one quarter of U.S. home sales in 2017 went for above the asking price, netting sellers an average of $7,000 more than anticipated. Five years ago, just 17.8 percent of final sale prices were higher than the asking price, according to a new report from Zillow.

U.S. homes are worth a combined $31.8 trillion



The total value of all of the homes in the U.S. has appreciated by more than $2 trillion in the last year, hitting $31.8 trillion overall.

Rental price growth accelerates as New Year beckons



After growing at a relatively slow pace for much of the 2017, rental prices have started to tick back up again, driven mainly by an increase in single-family rental prices, according to the November Zillow Real Estate Market Report.

No respite for low inventory crisis in 2018, Zillow warns



Those hoping for relief from the ongoing inventory crisis won’t find it in 2018. At least, not if you believe Zillow’s latest forecast of what’s in store for real estate over the next 12 months.

Zillow allows 3D virtual tours to be added to listings, intros new app



Zillow has said it’s going to allow 3D tours for some of its home for sale and for rent listings, giving home searchers a more immersive way to view homes.

U.S. is now home to 1,280 “$1 million neighborhoods”, Zillow says



The number of $1 million neighborhoods in the U.S. is growing fast. In the last three years, exactly 346 neighborhoods grew to meet Zillow’s definition of the term, which stipulates that at least ten percent of its homes are worth seven figures or more. Zillow analyzed residential ZIP codes across the country, looking for places […]

Zillow says the U.S. could suffer another major recession within just 3 years



Zillow says it believes there’s a 73 percent chance that the next U.S. recession will begin by the end of 2020

Zillow: If you’re saving for a home, cut down on the parties!



Destination bachelor and bachelorette parties are becoming the new norm for many millennials who prize experience and grew up with The Hangover’s depiction of pre-wedding adventure. However, those who attend just nine of these trips in a lifetime

Redfin or Zillow – Is Either the Future of Real Estate Dealings?



There is no doubt that both Zillow and Redfin are seeking to be the leader defining the high tech evolution of the online residential real estate market. With Redfin’s recent IPO, the philosophic line in the sand became a little clearer. Still

Rising rents lead to growth in homeless population, Zillow study finds



Rising rents in the nation’s booming urban areas are creating crisis levels of homelessness that will continue or even accelerate as rents rise

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