Renters can now search, find, apply for and lease a home digitally, all from the safety and comfort of their home and all through Zillow Rentals. Zillow’s new lease upload and online signing tools are now available nationwide on the Zillow Rental Manager. It allows landlords to quickly upload an existing lease form and send
Zillow: Coronavirus is slowing the housing market
April 9, 2020 by
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
Study reveals coronavirus impact on food and retail workers
April 7, 2020 by
American renters who work in food and retail industries can find themselves spending 40% of their annual income on housing costs if they are unable to work for two months – up about six percentage points from their current rent burden. As local governments limit or close businesses to stop the spread of the coronavirus,
Homes selling above list price fall to 3-year low
February 11, 2020 by
As the housing market returned to normal after a frenzied couple of years marked by intense bidding wars in many markets, the smallest share of homes sold for above their list price last year than in any year since 2016. Home value growth slowed throughout 2019 to a rate more in line with historic norms
Zillow says U.S. now boasts 218 ‘million-dollar’ cities
January 16, 2020 by
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
Zillow: Look South for the hottest housing markets in 2020
January 7, 2020 by
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
Zillow says more Gen Zers than millennials will become homeowners
December 19, 2019 by
The oldest Millennials, who will turn 40 in 2020, have lived through a turbulent decade of housing marked first by the initial recovery from the Great Recession, then the extraordinary home value growth of recent years. Due in large part to a variety of affordability challenges delaying all sorts of major life milestones, the homeownership
Zillow predicts more stability in housing markets in 2020
December 12, 2019 by
After extraordinary home value growth characterized a frenzied housing market in 2017 and 2018, this year’s slowdown felt like a welcome return to normalcy for many in the industry. And Zillow is predicting more of the same in 2020, with the market set to stabilize near historic norms. Changing tastes as millennials make up a
Millennials move home more often than older generations
October 8, 2019 by
Millennials are moving more often and living in their homes for a shorter period than previous generations. The share of young adults who have lived in their current home for less than two years is nearly 12 percentage points higher than in 1960, according to a new Zillow analysis. Younger adults have always lived in
U.S. home values show strong, but slowing growth
August 19, 2019 by
U.S. home value growth continues to slow, according to Zillow’s latest Real Estate Market Report. The rate of annual home value appreciation decreased for the seventh straight month in July. The typical U.S. home is worth $229,000, up 5.2% from a year ago – this is the smallest annual appreciation since October 2015. Last year
