About 8 percent of homeshoppers on Zillow are also browsing rentals, according to a new analysis, as the monthly cost of owning continues to outpace renting in most U.S. markets. Continue reading
More than 60 percent of major U.S. housing markets are shifting toward buyers, as Realtor.com’s new Market Clock highlights a growing divide between regions and evolving local conditions. Continue reading
Metro areas with the greatest gains in inventory are those that continued to build during and shortly after the COVID-19 pandemic, while those that did not still lag behind pre-pandemic levels. Continue reading
Since 2020, U.S. home values have risen by 45.3 percent. In other words, more than 10 years of typical home value growth has been packed into a five-year period, a new report from Zillow shows. Continue reading
After growing by 22 percent last year, inventory is “a bright spot for a market that’s been dealing with deep deficits in recent years,” according to ICE Mortgage Monitor report for February. Continue reading
For about the last four years, home price growth in the overall market outpaced growth in the luxury sector every month. But since January 2024, that trend has reversed, Zillow reported. Continue reading
Cities in the West that saw prices soar during the pandemic are now cooling while metros in the Northeast and Midwest are showing more resilience, according to a new analysis. Continue reading
A new report from Realtor.com shows that homes were sitting on the market for an average of 67 days in February, up from just 44 last year at the same time. Continue reading
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
The share of income required to afford a mortgage has risen to 30.2 percent, well above the established norm of 22.8 percent of a homeowner’s income, according to an analysis by Zillow released Thursday. Continue reading