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 […]
Softening demand fuels inventory growth, Zillow says
April 29, 2019 by
Despite an increase in the total pool of for-sale inventory, the number of new listings on the housing market has fallen year-over-year in each of the past four months, according to the latest Zillow Real Estate Market Report for March. Overall inventory in the U.S. is 1.2% higher than in March 2018, but new listings […]
Zillow launches 3D Home app for more realistic virtual tours
April 24, 2019 by
Millions of home buyers and sellers will soon experience immersive virtual home tours with the launch of Zillow 3D Home nationwide in the United States and Canada. Zillow 3D Home is an AI-powered mobile platform for iOS devices that allows anyone to capture 360-degree panoramic photos of a home and easily create a 3D tour, […]
Zillow analysis shows homes with solar panels sell for more
April 18, 2019 by
More than 80 percent of home buyers say energy-efficient features are important, a truth that’s reflected by data showing homes with solar energy systems fetch higher prices. A new Zillow analysis shows homes with solar-energy systems sold for 4.1 percent more on average than others nationwide in the past year. The sale premium varies by […]
Homeowners spend $20K on average to prep their homes for sale
April 12, 2019 by
Home sellers in the United States spend an average of $20,851 to sell their homes, according to Zillow and Thumbtack’s 2019 Hidden Costs of Selling analysis. This includes closing costs as well as improvements and other projects made when people are preparing their homes for sale. More than half of today’s sellers are doing so […]
Home sales prices jump in so-called ‘Opportunity Zones’
April 5, 2019 by
Investors appear to be flocking to Opportunity Zones, where they can receive a discount on capital gains taxes for investing within certain areas. The Opportunity Zones program – created with the Tax Cuts and Jobs Act of 2017 – is intended to revitalize low-income or high-poverty areas by spurring investments in them. From the tens […]
Zillow reveals which renovations deliver the most bang for your buck
March 29, 2019 by
Home shopping season is quickly approaching, which means home sellers are busy cleaning, painting, decluttering, landscaping and deciding which other projects might reap the greatest reward given limited time and money. Their best bet – once the curb appeal projects are done, tackle the bathrooms. The typical seller has 13 years’ worth of wear and […]
Zillow: Rent growth hits 10-month high
March 20, 2019 by
Rent prices grew at their fastest rate in 10 months in February, reaching 2.4 percent year-over-year appreciation, according to the February Zillow Real Estate Market Report. The U.S. median monthly rent was $1,472 in February, up from $1,438 a year earlier. This translates to more than $400 in additional yearly expenses for the typical renter. […]
