Zillow says its signed on to the Historically Black Colleges and Universities Partnership Challenge created by the congressional Bipartisan HBCU Caucus. The Challenge, led by Congresswoman Alma S. Adams (D-NC), focuses on promoting greater engagement and recruitment efforts from private companies to HBCUs and the students they serve. Zillow is among 35 other companies, including
Experts warn next recession could begin in 2020
July 26, 2019 by
The United States set a record for the longest economic expansion this month, but it’s not expected to go on for much longer. Indeed, the next recession will likely begin in 2020, according to a panel of housing experts and economists. The Zillow Home Price Expectations Survey, conducted quarterly by Pulsenomics LLC, asked more than
US rents rise again for 9th successive month
July 24, 2019 by
U.S. rent values continued their growth streak, accelerating for the ninth-straight month, according to Zillow’s latest Real Estate Market Report. The median U.S. rent rose 3% on an annual basis to $1,483, with Las Vegas (up 10%), Phoenix (up 8.4%) and Orlando (up 7.4%) seeing the largest year-over-year growth. Rents are up year-over-year in 49
Selling a home brings a third of Americans to tears
June 27, 2019 by
Selling a home is one of the most stressful experiences in modern life, second only to a relationship break-up. More than three quarters of Americans who have sold a home in the past three years say it was a stressful experience, and it could easily become more stressful as the market slows and turns in
Repair & maintenance costs top buyers’ list of biggest regrets
June 1, 2019 by
Younger homeowners more often say they rushed through the buying process and have regrets about their mortgage, likely resulting from the challenges young buyers face entering today’s expensive housing market. Still, homeowners of all ages are, for the most part, happy with their home purchases, a recent Zillow survey shows. The Zillow Housing Aspirations Report
For the first time in 7 years, U.S. home values fall
May 20, 2019 by
U.S. home values fell from March to April, the first month-over-month decline since February 2012, according to the April Zillow Real Estate Market Report. The typical U.S. home is worth $226,800, down 0.1% from last month. The decline – led primarily by large West Coast markets – comes after 85 straight months of gains that
Zillow: More than 20% of millennials still living with their moms
May 9, 2019 by
More people age 23-37 are living with their moms than at any time this century, according to a new Zillow study. Nearly 22% of American millennials – more than 14 million in total – live with their mom or both parents, the highest share for this age group since at least 2000. The share of
Housing markets braced for deluge of new first-time buyers
May 7, 2019 by
Nearly 45 million people in the U.S. will reach the typical age for first-time home buyers in the next 10 years – 3.1 million more than the past decade – creating more demand in an already challenging market for those looking to get into their first home. The typical first-time home buyer in the U.S.
