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US Real Estate, Zillow

U.S. housing market value rose by $6.9 trillion in 2021

By Mike Wheatley | February 4, 2022
U.S. housing gained a record $6.9 trillion in 2021, nearly doubling what was previously the largest annual gain of $3.7 trillion in 2005. The full U.S. housing stock is now worth $43.4 trillion, according to a new Zillow analysis. Strong demand met limited supply in 2021, driving home values up more than ever before — […]
Housing

Younger buyers are losing out to baby boomers as they compete for fewer homes

By Mike Wheatley | October 16, 2021
Younger people are being forced to compete with baby boomers for the limited inventory of available homes, and they’re losing out and therefore make up a smaller share of home buyers today than in previous years. That’s according to a report from Zillow that looked at the age, sex, race and income of home buyers […]
Featured News, US Real Estate, Zillow

Zillow forecasts strong housing demand for years to come

By Mike Wheatley | December 10, 2020
Real estate giant Zillow said in a report last week that it believes housing demand will remain strong for years to come as buyers try to make up for lost time caused by the impact of the Great Recession last decade. In its most recent analysis, Zillow said that low rates of household formation since […]
Home Buying, Home Sales, US Real Estate

More homes sell above list price amid buyer competition

By Mike Wheatley | November 13, 2020
In more evidence that persistent buyer demand is pushing a strong housing market deeper into the year than usual, a new Zillow analysis has found the share of homes sold above list continues to rise, blowing past the typical mid-summer peak. In September, 22.4% of homes purchased in the U.S. were sold for more than […]
Featured News, Home Sales, Zillow

Zillow says homes are selling at their fastest pace for 2 years

By Mike Wheatley | July 6, 2020
Homes are selling faster now than any time since spring 2018, a new Zillow analysis shows. It means that potential buyers should be prepared to strike quickly, and sellers who have been on the fence through the onset of the coronavirus pandemic might now want to list. Though many sellers have taken a wait-and-see approach […]
US Real Estate, Zillow

Coronavirus layoffs threaten minority groups with housing insecurity

By Mike Wheatley | May 3, 2020
Massive job losses due to the COVID-19 pandemic have touched nearly every industry in some fashion, but perhaps none more so than food, arts and retail workers. And a new Zillow analysis shows that Latinx, Asian and black households will feel the impact of layoffs in these industries most significantly. More than 22 million Americans […]
US Real Estate, Zillow

Online activity shows home buyers are coming back

By Mike Wheatley | April 27, 2020
After a mid-March dip around the time the World Health Organization declared COVID-19 a global pandemic, a new Zillow analysis shows renewed interest in the housing market as Americans adapt to this temporary normal, including in some U.S. markets that were most affected in the early days of the outbreak. Page views on for-sale listings […]

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