As many homebuyers have become master home chefs during the pandemic, Zillow research finds updated kitchens are associated with homes selling faster and for more money. Go to Source Author:
Nearly 40% of Millennials are Comfortable Buying a Home Online
More millennials want digital home shopping tools and are comfortable making big purchases online, leading a shift toward a digital-first real estate transaction. Go to Source Author:
Expanding Access to Credit Could Shrink the Homeownership Race Gap
About 15% of Black and Latinx Americans are “credit invisible” and largely cut off from homeownership Go to Source Author:
Vaccine Could Boost Listings Ahead of Home Shopping Season
Zillow survey finds widespread vaccine distribution will likely make homeowners more comfortable selling in a market driven by strong demand. Go to Source Author:
Intense Demand and Low Mortgage Rates Drive Home Values to Record Highs
Home values continue to rise at a historic monthly pace, growing 1.1% from December to January Go to Source Author:
How Midwest Cities are Busting the Urban Exodus Myth
Though home values in some expensive coastal cities are softening, lower-priced urban centers are booming as people everywhere seek affordability and reprioritize amid new opportunity brought by remote work Go to Source Author:
Competition is Fierce for Home Buyers, But Acting Quickly Could Save Them Hundreds on Their Monthly Payments
This new Zillow analysis shows how the expectation of quickly growing home values and the potential for rising interest rates mean those who don’t delay will have more buying power. Go to Source Author:
2020 U.S. Housing Market Gains Were Biggest in 15 Years
Zillow expects bigger growth in 2021 as sustained demand pushes home values higher Go to Source Author:
Zillow Survey Predicts Austin will be the Nation’s Hottest Housing Market in 2021, Leading a Sunbelt Surge
More affordable metros are replacing expensive coastal areas as top drivers of home value growth Go to Source Author:
Despite New Stimulus, More Than 3 Million Renters Facing COVID-19 Unemployment Bear Extreme Housing Cost Burden
Recently finalized stimulus package will help, but rent burdens continue to exceed affordability threshold Go to Source Author:
Pandemic Year Brought Incredible Surge in ‘Million-Dollar Cities’
There are 312 U.S. cities with a typical home value of at least $1 million — 45 more than a year ago. Go to Source Author:
Home Value Disparities Between Races Are Still Pronounced, but Shrinking
The value gap between communities of color and the typical U.S. home continues to shrink as home values reach pre-Recession levels. Go to Source Author:
Zillow Predicts Stronger Housing Market Across the Board in 2021
Continued frenzied demand, economic recovery and tech adoption expected to bring biggest annual home sales growth since 1983 Go to Source Author:
Home Value Growth Breaks Records as Rents Stabilize
Impressive late-year metrics set up 2021 as a banner year Go to Source Author:
What Moved Us: Stories that Shaped the Year in Real Estate
Zillow looks back at the cultural trends that upended the housing market and changed how — and where — we want to live. Go to Source Author:
From ‘Zoom Rooms’ to Chef Kitchens: Zillow’s Top 10 Home Trends for 2021
Zillow’s top home trends for 2021 are driven by COVID-era design and home features that will continue to grow in popularity even when the pandemic subsides. Go to Source Author:
8 Tips for Achieving Maximum Coziness
As winter plods along, you may wish you could just hibernate until spring – and that may be more true than ever this year. But there is, indeed, joy to be found in the quieter months of the year. While
3 Keys to Non-Traditional Holiday Decor
The holidays are a time when sprucing up your home hits an all-time high, but it can be difficult to find festive decorations that match your style. While there is nothing wrong with snowmen, Santa figurines and lots of red
Why Housing Demand Will Likely Stay High for Years to Come
There are 5.7 million “missing” households since the Great Recession Go to Source Author:
Remote Work Could Most Help Black Renters Trying to Buy Homes
Black renters are 29% more likely than other renters to be able to buy a first home because of the rise in telework. Go to Source Author:
Home values rising faster than at any time since 2005
Competition among buyers pushes home values higher as rent growth slows nationwide Go to Source Author:
Gen Z Renters Moving Out and Moving Up
More young adults return to the rental market, drawn in by deals and driving a desire for virtual tools Go to Source Author:
Strong Buyer Competition is Pushing Homes to Sell Above List Price
Sellers are being rewarded amid strong demand for homes as buyers are striking quickly with competitive offers when they find a home they like Go to Source Author:
Intense Buyer Demand Continues to Drive Hot Housing Market
This Zillow Weekly Market Report includes Zillow housing market data as of the week ending Oct. 31. Go to Source Author: