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Featured News, Home Sales, Zillow

Zillow: Coronavirus is slowing the housing market

By Mike Wheatley | April 9, 2020
It has been a wild ride for mortgage rates over the past month, which touched record lows then rebounded just as fast. Low rates are typically associated with healthy housing demand and a strong market – especially now that we've entered home shopping season – but early signs indicate the market is slowing. As the […]
Featured News, US Real Estate, Zillow

Study shows that recessions don't have much impact on home values

By Mike Wheatley | August 7, 2019
New research from Zillow shows that recessions typically don't have a negative impact on home values, contrary to what many experts have always said. Other than the housing-led Great Recession of the late 2000s, Zillow's analysis shows that home values have typically continued to grow through national and statewide recessions over the past quarter-century. The […]
US Real Estate

Housing demand surges earlier than expected this year

By Mike Wheatley | February 8, 2019
The spring buying season may already be upon as, with reports suggesting that demand for housing is picking up earlier than expected. Analysts say lower mortgage rates could be the reason. For example, CNBC reported the case of an open house in Coppell, Texas, a suburb of Dallas, where dozens of prospective buyers were lined […]
Home Sales, Residential, US Real Estate

Millennials fleeing the nest at much faster rate, bodes well for housing demand.

By Mike Wheatley | May 4, 2017
Fannie Mae says that young adults are finally beginning to flee the nest in their droves, with the number of those who're moving out from their parent's homes growing fast.
Press Release

Redfin Housing Demand Index Dips from January’s Record High

By Press Release | March 29, 2017
The Redfin Housing Demand Index decreased 8.5 percent from January’s record high, to a seasonally adjusted level of 118 in February, according to Redfin (www.redfin.com), the next-generation real estate brokerage.
US Real Estate

FED: Household Formation At Lowest Levels Ever Recorded In U.S.

By Donna S. Robinson | February 20, 2014
According to Federal Reserve economists, the rate of new household formation has plummeted to it's lowest level since records began being kept at the end of WWII. Down some 59% from the historical trend, we are seeing around 550,000 new households formed each year, as opposed to the average of 1.35 million per year through […]
Investing, US Real Estate

What Happens When The Investors Go?

By Mike Wheatley | May 8, 2013
Investors and all-cash home buyers accounted for about 19% and 30%, respectively, of all sales in March, according to the National Association of Realtors. That represents a significant share of the market, and some analysts are concerned that as home prices rise, investor and all-cash demand will start to shrink.
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