Residential, US Real Estate, Zillow

Zillow: Relaxed zoning laws could lead to millions of new homes

By Mike Wheatley | December 20, 2019
Allowing for even modest amounts of new density in the nation's overwhelmingly single-family neighborhoods could lead to millions of new homes nationwide, according to a new Zillow analysis, helping alleviate a housing affordability crisis that has been decades in the making. If the Los Angeles area, for example, continues to add housing largely as it […]
Home Buying, US Real Estate, Zillow

Zillow says more Gen Zers than millennials will become homeowners

By Mike Wheatley | December 19, 2019
The oldest Millennials, who will turn 40 in 2020, have lived through a turbulent decade of housing marked first by the initial recovery from the Great Recession, then the extraordinary home value growth of recent years. Due in large part to a variety of affordability challenges delaying all sorts of major life milestones, the homeownership […]
US Real Estate, Zillow

Americans spent $4.5 trillion on rental costs this decade

By Mike Wheatley | December 16, 2019
Renters in the U.S. spent a cumulative $4.5 trillion on rent during the 2010s, according to a new Zillow analysis. That's more than the GDP of Germany or the combined market values of Apple, Microsoft, Amazon and Alphabet. In 2019 alone, renters spent more than $512 billion on housing – the most of any year […]
Residential, US Real Estate, Zillow

U.S. rents rise for the 4th successive month

By Mike Wheatley | November 29, 2019
Rents across the U.S. are rising steadily, according to the October Zillow Real Estate Market Report, which found that the rate of year-over-year appreciation has increased in each of the past four months. The typical rent in the U.S. is now $1,600 per month, an annual increase of 2.3% in October – just off yearly […]
Featured News, US Real Estate, Zillow

Zillow says a 'Silver Tsunami' will flood the housing market in 20 years

By Mike Wheatley | November 27, 2019
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 […]
US Real Estate, Zillow

Renters are making big sacrifices to afford their home, study finds

By Mike Wheatley | November 15, 2019
As rents continue to steadily rise across the U.S., about a quarter of renters say affording their rent payments is difficult or very difficult. To make ends meet, two-thirds of those renters make at least one financial sacrifice to afford their home, and half wouldn't be able to afford an unexpected $1,000 expense, according to […]
US Real Estate, Zillow

Here are the rules for selling a haunted home

By Mike Wheatley | October 30, 2019
Halloween is just around the corner and with everyone feeling a bit spooky, Zillow has come up with useful information for real estate agents who’re facing the prospect of trying to sell a haunted home. The good news is, from the seller’s perspective, in most cases they won’t have to say boo about it. Zillow’s […]

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