With home value growth apparently stalling, price cuts becoming more regular and for-sale inventory on the up, it sounds like an optimistic time to be a home buyer. But, steadily climbing mortgage rates are threatening to eliminate whatever advantages buyers may have gained in 2018, Zillow says. In a new analysis, Zillow notes that interest
Rising rents contribute to increase homelessness, Zillow says
December 12, 2018 by
Rising rents across the country are burdening financially limited renters, and contributing to higher rates of homelessness in many of the nation’s least affordable markets. The U.S. Department of Housing and Urban Development (HUD) estimates that 553,752 people nationwide experienced homelessness in 2017, based on a point-in-time count in January. Since 2010, the counted homeless
Study: Flooding threatens almost 400,000 U.S. homes
November 16, 2018 by
Some 386,000 U.S. homes today are likely to be at risk of regular flooding by 2050 because of sea-level rise from climate change, under a scenario of unchecked greenhouse gas emissions, according to a new study by Zillow and Climate Central. What’s more, America’s coastal communities have recently built thousands of new homes in these
Why buyers need to act now, before interest rates increase
March 14, 2018 by
Economists are warning of a “big impact” that rising mortgage rates could have on buyers who’re shopping for real estate.
Home prices to continue their rapid rise in 2018, CoreLogic says
January 3, 2018 by
Home prices rose fast in the last year and are set to continue their rapid rise into 2018, according to a new forecast from CoreLogic, a real estate industry analyst firm.
Rising rents lead to growth in homeless population, Zillow study finds
August 4, 2017 by
Rising rents in the nation’s booming urban areas are creating crisis levels of homelessness that will continue or even accelerate as rents rise
Surging prices and low inventories drive increased spending on home renovations
July 27, 2017 by
The combination of low inventories of homes for sale, and surging home prices is causing American homeowners to spend record amounts on home remodeling this year
NAHB blames labor shortage for rising home prices
May 8, 2017 by
Labor shortages in the construction industry are being blamed for home price increases
Zillow tracks 30-year mortgage rates above four percent mark
March 15, 2017 by
The 30-year fixed mortgage rate on Zillow Mortgages is currently 4.10 percent, up 13 percentage points from this time last week.
Report: Global housing prices are rising through the roof
October 10, 2016 by
If you thought U.S. homes were overpriced, it’s nothing compared to China
