Home values grew a record 19.3% year over year in November, and appreciation accelerated in much of the U.S. Go to Source Author:
Zillow’s Hot Housing Takes for 2022
Zillow economists predict home values will grow 11% and there will be more home sales than in any year since the housing crash Go to Source Author:
Home builders are still playing catchup during construction boom
A limited supply of for-sale homes is a key reason home prices have risen quickly during the COVID-19 pandemic Go to Source Author:
Earth Tones and Eco-friendly Features Top Zillow’s 2022 Home Trends
Zillow predicts homeowners will invest in projects and features that make their homes more livable, sustainable and comfortable Go to Source Author:
Shift Toward Seasonal Norms Could Benefit Buyers, Renters
Though still hot, easing competition in the housing market could reward persistent shoppers Go to Source Author:
Thanksgiving Kitchen Features That Can Boost a Home’s Value
Zillow identifies eight amenities that can simplify holiday meal prep — and increase a home’s sale price Go to Source Author:
Pet Ownership Soars Among Home Buyers, Influencing Purchase Decisions
New Zillow data finds pet owners are more likely to purchase larger homes with more bedrooms Go to Source Author:
Housing Market Moderation Gives Buyers Breathing Room
Inventory rises as the typically slower winter season approaches Go to Source Author:
Baby Boomers and Millennials Are Competing for Homes, and Boomers Are Winning
Young people make up a smaller share of recent home buyers than in previous years, indicating there is still much pent-up demand from millennial households Go to Source Author:
To Afford Rent, Teachers and Nurses Are Living in Smaller, Older Homes
Manageable rent burdens mask affordability challenges for many workers who can afford only a small pool of available rentals Go to Source Author:
Even In Today’s Competitive Housing Market, Most Buyers Submit Only Two Offers
New Zillow research finds most home buyers still tour homes in person and don’t waive inspection contingencies. Go to Source Author:
Housing Market Expected to Stay Stable as COVID-era Protections End
Expirations of eviction and foreclosure moratoria are not likely to distress markets, according to real estate experts surveyed by Zillow Go to Source Author:
Buyers Take Note: Housing Market Easing from White Hot to Red Hot
Slight softening in for-sale and rental markets spells relief for buyers and renters alike Go to Source Author:
iBuyers Are Helping People Move in Record Numbers
Homeowners sold a record number of homes using an instant buying service in Q2, offering some relief for home shoppers as these homes are listed to be sold on the open market Go to Source Author:
Rent Prices Soar Beyond Pre-Pandemic Projections
While home value appreciation reaches new highs, the end of rampant price hikes may be on the horizon Go to Source Author:
As Housing Prices Rise, Affordability Squeeze is Coming
Rents will be unaffordable in the coming months, while lower monthly costs for buyers are at the mercy of historically low interest rates Go to Source Author:
The Great Reshuffling Is Changing How Far Americans Are Willing to Commute
A short commute appears to be a less important factor for today’s home shoppers Go to Source Author:
Inventory Jump Could be Welcome Relief for Home Buyers
Demand for homes remains strong — and competition intense — as appreciation reaches new highs Go to Source Author:
Homes With Light Blue Bathrooms, Dark Blue Bedrooms Could Sell for Up to $4,698 More Than Expected
New Zillow research finds pale interior paint colors are more likely to increase a home’s sale price, but bright interior paint colors can capture a buyer’s attention. Go to Source Author:
New Homeowners Can Spend Nearly $30K on Unexpected But Common Projects
New research from Thumbtack and Zillow finds millennial home shoppers are most excited about personalized projects, like interior painting, and least excited about high-stakes projects, like roofing repairs. Go to Source Author:
It’s Getting Harder to Save for a Down Payment, But First-Time Buyers Have New Opportunities in the Great Reshuffling
Flexible work arrangements and low mortgage rates can help first-time buyers overcome down payment difficulties Go to Source Author:
Young Adults Who Saved Money During the Pandemic Likely to Put It Toward a Down Payment
Zillow survey finds more than one-quarter of Gen Zers and millennials say their housing decisions are impacted by social media influencers and celebrities Go to Source Author:
Affordability and More Space Are Strong Draws for Canadian Home Shoppers, but Rising Prices and Low Inventories Remain Challenging
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Despite record low rates, 78% of homeowners passed up refinancing last year
New survey finds just a fifth of established homeowners refinanced over the last 12 months Go to Source Author: