Tag Archives: home values

West Coast tech hubs see home values skyrocket in spring market

By | | Uncategorized
Comments Off on West Coast tech hubs see home values skyrocket in spring market

Seasonal price growth is highest in San Jose as buyers compete for extremely limited inventory, according to an analysis by Zillow. Continue reading →

Home values fell in 21 of the 50 largest US metros in August: Zillow

By | | Uncategorized
Comments Off on Home values fell in 21 of the 50 largest US metros in August: Zillow

Home values are now 11.4 percent lower in Austin, Texas, than they were in Aug. 2022, Zillow said. Nationally, prices were up slightly from July to August. Continue reading →

Home value hits all-time high in June as owners cling to low rates

By | | Uncategorized
Comments Off on Home value hits all-time high in June as owners cling to low rates

The typical home value breached $350,000 for the first time in June, a new peak in typical values according to a report by Zillow. Redfin shows nearly 92 percent of homeowners have a mortgage rate below 6 percent. Continue reading →

Price, cost and value: You (and your clients) should be looking at all 3

By | | Uncategorized
Comments Off on Price, cost and value: You (and your clients) should be looking at all 3

While often used interchangeably, these three factors speak to different aspects of your business — and your clients’ decision-making process. Continue reading →

US debt default may mean tanking sales, huge mortgage costs

By | | Uncategorized
Comments Off on US debt default may mean tanking sales, huge mortgage costs

A debt default by the U.S. government is unlikely, but if it were to transpire, the cost of a mortgage could increase by 22 percent, pushing rates to a peak above 8 percent in September, according to Zillow. Continue reading →

Buying a home is hard. For first-timers, it’s never been tougher

By | | Uncategorized
Comments Off on Buying a home is hard. For first-timers, it’s never been tougher

Homes in the lower tier of pricing are still 8 percent more expensive than at this time last year — and inventory has barely budged, according to a new analysis released Thursday by Zillow. Continue reading →

Rising mortgage rates won’t be ‘major deterrent to homebuyers’

By | | Uncategorized
Comments Off on Rising mortgage rates won’t be ‘major deterrent to homebuyers’

Although rates will rise, they will remain very competitive when compared to historic averages, and it would take a significantly greater increase in rates to negatively impact prices. Windermere Chief Economist Matthew Gardner explains why. Continue reading →

Wealth, taxes and politics: The Las Vegas housing market’s wild ride

By | | Uncategorized
Comments Off on Wealth, taxes and politics: The Las Vegas housing market’s wild ride

Home values in the gambler’s paradise recently eclipsed records from the 2006 housing bubble. As Inman Connect Las Vegas kicks into gear, agents describe a remarkable run. Continue reading →

Outlook improves for home sales through end of 2021, beyond: Zillow

By | | Uncategorized
Comments Off on Outlook improves for home sales through end of 2021, beyond: Zillow

Strong numbers of pending home sales and applications for purchase loans have pushed up sales forecasts through the end of the year. Continue reading →