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Zillow study illustrates home value disparity between races

By Mike Wheatley | January 8, 2021
Typical values for Black and Latinx-owned homes still lag behind overall U.S. home values, but the gap is narrowing. A new Zillow analysis shows homes owned by Black and Latinx households are worth 16.2% and 10.2% less, respectively, than the typical U.S. home. Homes owned by non-Hispanic white and Asian families, meanwhile, have typical values […]
US Real Estate, Zillow

Home values rise at fastest clip since 2005

By Mike Wheatley | November 23, 2020
Home value growth has risen to levels not seen since 2005 due to a combination of strong demand and tight inventories, Zillow said in its latest Real Estate Market Report. Rent appreciation, meanwhile, is steaming ahead in many Midwest and Sun Belt cities while declining in major coastal metros. The high-demand market also meant more […]
Real Estate Resource

Is Fixing Up a House Worth It? This Is What Adds Value to a Home

By Jamie Richardson | June 4, 2020
Whether you are a new homeowner or a long time homeowner, taking care of your home is probably a top priority because more than likely it is one of your biggest investments. If you are looking to either build equity or get the most money when you sell your home, you might be wondering "is […]
Real Estate Technology, US Real Estate

Realtor.com adds home price estimates to its listings

By Mike Wheatley | March 16, 2020
Realtor.com says it will display estimated property values from three different sources on listings at its website. The idea is to show a better range of estimated values, rather than just one number that may be inaccurate. The company is planning to use estimates from both data providers and insurance firms to put a value […]
US Real Estate

Zillow forecasts home value growth to increase

By Mike Wheatley | February 24, 2020
Annual U.S. home value growth slowed for the 21st consecutive month in January, but you have to squint to spot the difference this time around. When paired with inventory that is hovering near record lows, the nearly two-year slowdown in the housing market may be coming to an end right as home shopping season kicks […]
Luxury Real Estate, Zillow

Zillow says U.S. now boasts 218 'million-dollar' cities

By Mike Wheatley | January 16, 2020
There are currently 218 million-dollar cities in the U.S. - cities with a typical home value of $1 million or more - three more than at the end of 2018 and 74 more than there were five years ago. The net addition of three $1 million cities is easily the lowest in recent years, according […]
US Real Estate, Zillow

Zillow: Look South for the hottest housing markets in 2020

By Mike Wheatley | January 7, 2020
Led by Austin, housing markets in the southern half of the U.S. will perform the best in 2020, according to a panel of economists and real estate experts recently surveyed by Zillow. The latest Zillow Home Price Expectations Survey asked more than 100 economists, investment strategists and real estate experts for their predictions about the […]
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