When it comes to selling a home, factors that traditionally have been harder for sellers to control — like uncertainty about timing and price — cause the most stress. That’s according to the 2019 Zillow Group Consumer Housing Trend Report, the largest-ever survey of U.S. home buyers, sellers, owners and renters. The process of selling a […]
Hispanic homeownership rate is fastest growing in the U.S.
October 9, 2019 by Leave a Comment
Latinos are buying homes are a higher rate than the overall U.S. population, beginning to close a gap between the Hispanic and white homeownership rate that has tripled since the start of last century. Affordability and racial inequity combined to compound a disparity throughout the past 12 decades. The typical Latin household in the U.S. […]
Millennials move home more often than older generations
October 8, 2019 by Leave a Comment
Millennials are moving more often and living in their homes for a shorter period than previous generations. The share of young adults who have lived in their current home for less than two years is nearly 12 percentage points higher than in 1960, according to a new Zillow analysis. Younger adults have always lived in […]
Medical and student debt handicapping Americans’ housing hopes
October 2, 2019 by
Aspiring home buyers with medical debt are more likely than others to be denied a mortgage, while those with student loan debt more often put off buying. That’s according to the 4th annual Zillow Group Report on Consumer Housing Trends, released today. Personal debt – particularly credit card, student loan and medical – tremendously impacts […]
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, […]
Here’s why you really need to shop around for a mortgage
September 19, 2019 by
The typical home buyer spends more than four months shopping for the perfect place. They tour an average of more than four homes, attend two open houses and make two offers. That’s not to mention the hours spent browsing online listings. But most buyers still don’t shop around for the best mortgage rate. And buyers […]
U.S. economic recovery leaves rural towns behind
September 6, 2019 by
In the decade following the Great Recession, job growth has been disproportionately concentrated in the largest U.S. job centers, and home values in these markets have risen accordingly, a new Zillow analysis has found. The 25 largest job markets have accounted for more than half of employment growth and nearly two-thirds of home value growth […]
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 […]
