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Dearth of inventory, price hikes pose challenges for home shoppers
Rent hikes finally ease after record-breaking annual growth Go to Source Author:
146 more U.S. cities pass the $1 million mark, the most ever in a single year
– The U.S. currently has 481 million-dollar cities, in which the typical home value is at least $1 million. Go to Source Author:
75% of recent home buyers have regrets about their new home
A less frenzied spring market could ease buyer’s remorse by giving shoppers more time to weigh their options Go to Source Author:
Millennial demand is driving up prices in neighborhoods with kids, and the trend is growing
A record number of Americans will reach the peak age for first-time home buyers this year, adding to an already competitive market for homes in family-friendly neighborhoods Go to Source Author:
More than a third of recent movers say it’s harder to find a house than a spouse
New Zillow survey finds most Americans enjoy home shopping more than dating Go to Source Author:
U.S. housing market has doubled in value since the Great Recession after gaining $6.9 trillion in 2021
After biggest annual growth ever, the U.S. housing market is now worth more than $43 trillion Go to Source Author:
Inventory down 40% from pre-COVID level as price growth intensifies
Competition already fierce as shoppers start the buying season early Go to Source Author:
Black mortgage applicants are denied 84% more often than whites
The gap of mortgage denial rates between Black and white applicants has widened over the past two years, limiting access to homeownership and opportunities to build wealth Go to Source Author:
Experts split on whether affordability woes or inventory gains will define 2022 housing market
Home price appreciation in suburbs expected to continue to outpace that in cities in 2022 Go to Source Author:
Zillow names Tampa its hottest housing market for 2022
Based on a blend of factors, such as job and home price growth, Zillow expects housing markets in the Sun Belt to be the most competitive in the U.S. Go to Source Author:
Adding space and remodeling the bathroom are homeowners’ top renovation resolutions for 2022
Zillow teamed up with Realm to share what projects will be most popular with homeowners in 2022. Go to Source Author:
South Lake Tahoe named Zillow’s most popular place of 2021
The booming mountain resort town leads a list of superstar cities that saw the most site traffic and buyer demand this year Go to Source Author:
Shifting winds set the stage for unseasonably warm winter housing market
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: