After falling for nearly four consecutive years, housing inventory has turned a corner, growing on an annual basis in four of the past five months, according to the January Zillow Real Estate Market Report. U.S. for-sale home inventory grew 1.2 percent year-over-year. There were 19,455 more homes for sale nationwide in January compared to a […]
Zillow says home inventory has increased for the first time in 5 years
February 15, 2019 by Leave a Comment
Zillow: Home value appreciation declines in major markets
January 25, 2019 by
Annual home value growth slowed in more than half of the nation’s largest housing markets since this time last year, according to the December Zillow Real Estate Market Report. Markets such as Seattle and San Jose, California, saw the biggest declines in appreciation over the past year. In December 2017, home values in Seattle were […]
San Jose to be “hottest housing market” in 2019
January 18, 2019 by
Zillow has presented its annual list of the hottest housing markets, and says that the Silicon Valley city of San Jose in California is expected to grow the fastest in 2019. It marks the second year in a row that a Silicon Valley city has earned that distinction, but Zillow says things could be different […]
Housing inventory keeps on growing, Zillow says
December 21, 2018 by
After nearly four years of annual declines in inventory, the number of homes for sale has now increased year-over-year for three straight months, according to the November Zillow Real Estate Market Report. That’s a bit of good news for home shoppers who face less competition as homes stay on the market for longer. But inventory […]
Rising rents contribute to increase homelessness, Zillow says
December 12, 2018 by
Rising rents across the country are burdening financially limited renters, and contributing to higher rates of homelessness in many of the nation’s least affordable markets. The U.S. Department of Housing and Urban Development (HUD) estimates that 553,752 people nationwide experienced homelessness in 2017, based on a point-in-time count in January. Since 2010, the counted homeless […]
Zillow says housing affordability concerns will grow in 2019
December 3, 2018 by
The housing market is slowing as 2018 comes to an end, but home shoppers looking for a more affordable buying environment in 2019 might be disappointed. Next year, Zillow expects mortgage rates to continue to rise, putting a pinch on affordability, particularly in already expensive markets. Some buyers may be pushed back toward the rental […]
Student debt severely limits buyer’s options, report finds
November 18, 2018 by
Carrying student debt, whether for themselves or someone else, limits potential home buyers’ budgets by $92,440, leaving fewer homes on the market they can afford. The average monthly student debt payment for renters who plan to buy a home in the next year is $388, according to the latest Housing Aspirations Report from Zillow. The […]
Many housing markets haven’t bounced back from the last major crash
November 9, 2018 by
In the decade since the housing bust, median home values have more than recovered in most of the nation’s largest markets. But within nearly all those major markets there remains inequity — neighborhoods that were hit hardest by the crisis continue to bear an outsized burden even through the recovery. A new Zillow report shows […]
Zillow Offers expands to Houston
November 7, 2018 by
Zillow is to begin buying and selling homes in Houston in an expansion of its Zillow Offers program, marking the fifth market where the service is available. Zillow’s program launched in Phoenix this April, and had already expanded to include Las Vegas, Atlanta and Denver. The company will add Charlotte and Raleigh in North Carolina […]
Zillow seals acquisition of Mortgage Lenders of America
November 6, 2018 by
Real estate listings giant Zillow looks like it’s getting into the mortgage industry following the completion of its acquisition of Mortgage Lenders of America. Zillow has already made some significant steps to evolve its business, which was originally based on simple listings of homes. Back in May 2017 the company said it was getting into […]
