U.S. home value growth continues to slow, according to Zillow’s latest Real Estate Market Report. The rate of annual home value appreciation decreased for the seventh straight month in July. The typical U.S. home is worth $229,000, up 5.2% from a year ago – this is the smallest annual appreciation since October 2015. Last year […]
Study shows that recessions don’t have much impact on home values
August 7, 2019 by
New research from Zillow shows that recessions typically don’t have a negative impact on home values, contrary to what many experts have always said. Other than the housing-led Great Recession of the late 2000s, Zillow’s analysis shows that home values have typically continued to grow through national and statewide recessions over the past quarter-century. The […]
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 […]
Experts warn next recession could begin in 2020
July 26, 2019 by
The United States set a record for the longest economic expansion this month, but it’s not expected to go on for much longer. Indeed, the next recession will likely begin in 2020, according to a panel of housing experts and economists. The Zillow Home Price Expectations Survey, conducted quarterly by Pulsenomics LLC, asked more than […]
US rents rise again for 9th successive month
July 24, 2019 by
U.S. rent values continued their growth streak, accelerating for the ninth-straight month, according to Zillow’s latest Real Estate Market Report. The median U.S. rent rose 3% on an annual basis to $1,483, with Las Vegas (up 10%), Phoenix (up 8.4%) and Orlando (up 7.4%) seeing the largest year-over-year growth. Rents are up year-over-year in 49 […]
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 […]
Selling a home brings a third of Americans to tears
June 27, 2019 by
Selling a home is one of the most stressful experiences in modern life, second only to a relationship break-up. More than three quarters of Americans who have sold a home in the past three years say it was a stressful experience, and it could easily become more stressful as the market slows and turns in […]
Report: Parents face greater difficulty in finding a home to buy
June 15, 2019 by
With school letting out for summer, the scramble is on for many families seeking to buy their first home or move into a larger one before the bell rings again in September. Shopping for and buying a home is a daunting process for anyone, but new Zillow research shows that for parents the stresses are […]
Repair & maintenance costs top buyers’ list of biggest regrets
June 1, 2019 by
Younger homeowners more often say they rushed through the buying process and have regrets about their mortgage, likely resulting from the challenges young buyers face entering today’s expensive housing market. Still, homeowners of all ages are, for the most part, happy with their home purchases, a recent Zillow survey shows. The Zillow Housing Aspirations Report […]
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 […]
