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Home Buying, US Real Estate

Redfin says we'll see less bidding wars this year

By Mike Wheatley | May 16, 2019
Bidding wars are unlikely to be as commonplace this year as they face less competition due to growing inventories in many markets, according to a new Redfin analysis. In April, just 15% of offers faced competing bids, Redfin said. That’s down 60% from a year ago, it added. The reduced competition is even being felt […]
US Real Estate, Zillow

Many housing markets haven't bounced back from the last major crash

By Mike Wheatley | November 9, 2018
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 […]
Featured News, Mortgage

Mortgage payments rise twice as fast as interest rates

By Mike Wheatley | October 18, 2018
Buyers' monthly housing costs are growing rapidly as mortgage rates have risen significantly since the beginning of the year. A recent Zillow analysis found that higher rates are responsible for about two-thirds of the increase in buyers' monthly mortgage payments compared with what those costs would have been a year ago had home values remained […]
US Real Estate, Zillow

10 years after the recession, many markets still struggle to recover

By Mike Wheatley | September 19, 2018
One decade after the Great Recession began following the collapse of the U.S. housing market, it’s clear that home values have recovered in most of the largest markets in the country, and then some, according to a new Zillow analysis. The report shows the markets with the biggest gains since the mid-2000s bubble are mostly […]
Featured News, US Real Estate

Analysis shows Chicago is the easiest place to save for a down payment

By Mike Wheatley | August 23, 2018
If you’re struggling to save up for a down payment on your first home, you could do a lot worse than move to Chicago, where it’s possible to do so within just three years, according to a new analysis from RealEstate.com.
US Real Estate

NAHB data shows lower-than-expected household formation among millennials

By Mike Wheatley | August 14, 2018
The U.S. has around 2.4 million less households than it “should” have, according to a new analysis from the National Association of Home Builders.
Real Estate, Zillow

The proportion of renters has grown significantly in every major U.S. city since 2006

By Mike Wheatley | August 10, 2018
Every single one of the U.S.'s 50 largest cities now has more renters than it did 10 years ago, according to a new Zillow analysis. The real estate listings
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