Tag Archives: Kara Ng

Renters accelerate buying plans as rental affordability improves

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Zillow data shows rent price growth has reached its lowest level since 2020, saving the typical renter $2,316 annually. Continue reading →

Nearly 1 in 13 homeshoppers are also browsing rentals, Zillow finds

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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 →

Seasonal cooling sweeps market as buyers grapple with affordability

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Zillow reports that, despite an unusually active fall market this year, the housing market has finally settled into a slower pace for winter and returned to seasonal norms. Continue reading →

Delistings and discounts jump as holiday season approaches

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Early fall numbers are in, reflecting a proliferation of stale listings, delistings and deep discounts to get sellers to the closing table. Continue reading →

October brought the strongest buyer’s market in 12 years: Redfin

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The number of homesellers exceeded homebuyers by a record 36.8 percent in October, which is the largest divide between the two groups since at least 2013, Redfin reported on Wednesday. Continue reading →

Fall has been ‘sneaky good’ for buyers, but the ‘warm-up is not guaranteed to last’

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Easing mortgage rates and flat home price growth led to a win for homebuyers in October, according to Zillow. However, future volatility may put buyers back on the sidelines. Continue reading →

Heard of a K-shaped economy? You’re living in it now

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Much like the American people today, the economy is starkly divided — and it’s impacting the real estate market. Here’s how. Continue reading →

Discounts, lower mortgage rates give homebuyers deals this fall

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Inventory is up and homes are sitting longer on the market — potentially benefiting homebuyers. Lower mortgage rates are also giving the market a boost. Continue reading →

Buyer’s market now in doubt as new listings tank 7.3%

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Zillow’s latest market report revealed a burgeoning seller retreat in August, as new listings dropped 7.3 percent in one month. However, there are still plenty of opportunities for buyers to make a deal, especially in the South. Continue reading →

The spring sizzle fizzles: Economic jitters chill buyer demand

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Despite a flood of new listings, buyers are cooling off from high prices, rising mortgage rates and economic uncertainty, according to new reports from Zillow and Redfin. Pending homes sales declined 3.4 percent year over year during the four weeks end… Continue reading →