Tag Archives: zillow

Single renters pay a nearly $7,000 ‘singles tax’ to live alone: Zillow

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The “tax” varies widely depending on the market with renters in expensive markets, such as New York City paying up to $19,500 more in rent annually. Continue reading →

Homebuyer dollar stretching further as rates drop: Zillow

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As mortgage rates have dropped from a roughly 7 percent peak, buyers can now buy homes about 84 square feet larger than those they could purchase in October with a $3,000 monthly payment. Continue reading →

Home showings dip in December, but slowdown may be easing

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Showings were way down year over year but only dipped a little bit month over month, according to a new report from ShowingTime. They remain up compared to pre-pandemic levels. Continue reading →

Minimum wage workers need at least 4 jobs to pay rent in some cities

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Even the most expensive cities — which typically have higher minimum wages — are more affordable than those with $7.25 an hour minimums, according to data released Tuesday by Zillow. Continue reading →

Freed from iBuying, Zillow wants more from its mortgage arm in 2023

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To outside analysts, it appears Zillow got out of iBuying just in time. Now the company is looking ahead to a post-downturn world. Here are the biggest challenges Zillow will face in 2023. Continue reading →

Zillow deploys AI to improve online home search experience

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Powered by an advanced natural language technology, homebuyers can enter longer, detail-rich requests, as they would on Google, to unearth more accurate inventory matches. Continue reading →

Zillow’s Curt Beardsley: ‘Invest time and energy with companies that are going to be here next year’

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Zillow, Keller Williams and Realtor.com shared their respective takes this week at Inman Connect New York on the trends expected to take hold in 2023. Continue reading →

Compass went public 2 years ago. Can it recover from its stock slump?

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Compass went public in April 2021, and ever since then the New York-based brokerage has weathered a market downturn and seen investors’ appetite for shares fall significantly. Continue reading →

Rates may ease, but affordability tools will still be in demand

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Zillow and UWM executives are optimistic mortgage rates will come back down but advised real estate agents at Inman Connect New York on Tuesday to get familiar with affordability tools like interest-rate buydowns. Continue reading →

Mortgage rate swing created ‘more normal’ market in December

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Slowing mortgage rate growth impacted homebuyers and sellers in different ways in December, according to Zillow’s latest market report. The dip was enough for buyers to navigate the winter market, but wasn’t enough for would-be sellers to list. Continue reading →