Featured News, Residential, Zillow

Zillow reveals America's most popular destinations for home buyers

By Mike Wheatley | February 4, 2020
Las Vegas is the most popular U.S. destination for non-local home shoppers, Minneapolitans don't want to move out of the area - and hardly anybody else wants to move in - and Texans seem to mostly love living in Texas. These are just a few of the takeaways from a new Zillow analysis of search […]
Featured News, US Real Estate, Zillow

U.S. housing market now worth $33.6 trillion, Zillow says

By Mike Wheatley | January 21, 2020
The total value of every home in the U.S. is $33.6 trillion, nearly as much as the GDP of the two largest global economies combined - the U.S. ($20.5 trillion) and China ($13.6 trillion) - according to a new Zillow analysis. Since 2010, when the market was battling to regain its footing in the wake […]
Residential, US Real Estate, Zillow

Zillow: Relaxed zoning laws could lead to millions of new homes

By Mike Wheatley | December 20, 2019
Allowing for even modest amounts of new density in the nation's overwhelmingly single-family neighborhoods could lead to millions of new homes nationwide, according to a new Zillow analysis, helping alleviate a housing affordability crisis that has been decades in the making. If the Los Angeles area, for example, continues to add housing largely as it […]
US Real Estate, Zillow

Americans spent $4.5 trillion on rental costs this decade

By Mike Wheatley | December 16, 2019
Renters in the U.S. spent a cumulative $4.5 trillion on rent during the 2010s, according to a new Zillow analysis. That's more than the GDP of Germany or the combined market values of Apple, Microsoft, Amazon and Alphabet. In 2019 alone, renters spent more than $512 billion on housing – the most of any year […]
Mortgage, US Real Estate, Zillow

Here's why you really need to shop around for a mortgage

By Mike Wheatley | September 19, 2019
The typical home buyer spends more than four months shopping for the perfect place. They tour an average of more than four homes, attend two open houses and make two offers. That's not to mention the hours spent browsing online listings. But most buyers still don't shop around for the best mortgage rate. And buyers […]
Featured News, US Real Estate, Zillow

Zillow: Teacher's starting salaries aren't enough to pay the rent

By Mike Wheatley | August 29, 2019
Zillow has some rather disturbing news for budding academics that could well persuade them to forge an entirely different career path. It says that "entry-level" teachers will need to spend more than half of their salaries on the typical rent in 19 of the 50 largest U.S. metro areas this school year, according to its […]
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 […]
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