Zillow is forecasting an end to housing inventory problems, but we may have to wait a while for it to happen. The company says it expects to see “flood of homes” coming onto the market over the next twenty years. Those homes will primarily be existing homes currently occupied by baby boomers, which will be […]
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Zillow research finds Americans are moving out on their own later
September 27, 2019 by
Finishing school, joining the workforce and moving out on your own is a rite of passage for many young people. Today’s young adults are taking longer to make this transition, and doing it less often overall than previous generations, according to a new Zillow analysis. In 1980, 1990 and 2000, the tipping point age at […]
Zillow Offers partners with homebuilders
September 24, 2019 by
Zillow is teaming up with select homebuilders across the country to give home shoppers an easier and more convenient way to move into their dream home. The partnership helps home sellers move into their new construction home without the hassle and stress of selling their existing home traditionally, by using Zillow Offers. Zillow is partnering […]
Zillow: Home values see only modest growth
September 20, 2019 by
Home value growth returned to a steady pace in August after a slowdown in the first half of the year, according to the Zillow’s latest Real Estate Market Report. Quarter-over-quarter growth reached an annualized rate of 3.4%, up from 0.4% in May. The median U.S. home is now worth $229,600, up 4.9% from last August, […]
Zillow: New construction to lag behind demand until 2022
September 11, 2019 by
While home values have recovered since the Great Recession and, in many cases, surpassed their pre-recession peaks, single-family home construction activity has continued to languish. The rate of new housing starts will likely remain below historic averages until 2022 or later, according to a panel of economists and real estate experts. The for-sale market has […]
Zillow: Teacher’s starting salaries aren’t enough to pay the rent
August 29, 2019 by
Zillow has some rather disturbing news for budding academics that could well persuade them to forge an entirely different career path. It says that “entry-level” teachers will need to spend more than half of their salaries on the typical rent in 19 of the 50 largest U.S. metro areas this school year, according to its […]
Zillow signs up for HBCU Challenge to recruit a more diversified workforce
July 31, 2019 by
Zillow says its signed on to the Historically Black Colleges and Universities Partnership Challenge created by the congressional Bipartisan HBCU Caucus. The Challenge, led by Congresswoman Alma S. Adams (D-NC), focuses on promoting greater engagement and recruitment efforts from private companies to HBCUs and the students they serve. Zillow is among 35 other companies, including […]
Zillow highlights 36 metros where high school grads can afford a mortgage
July 12, 2019 by
Households including at least one person with a high school diploma or GED can afford the typical mortgage payment in most large metro areas across the U.S., according to a new analysis by Zillow. But soaring home values that have outpaced incomes have made down payments a barrier for many, particularly first-time home buyers. Mortgage […]
Zillow: ‘Gayborhood’ homes come at a premium
May 28, 2019 by
In most major cities in the United States, homes in gayborhoods are worth more than the typical home – in some cases several times more. To identify gayborhoods across the country ahead of Pride Month, Zillow analyzed data from the American Community Survey to find which neighborhoods have the highest share of same-sex couple households […]
Zillow: More than 20% of millennials still living with their moms
May 9, 2019 by
More people age 23-37 are living with their moms than at any time this century, according to a new Zillow study. Nearly 22% of American millennials – more than 14 million in total – live with their mom or both parents, the highest share for this age group since at least 2000. The share of […]
