Luxury home value growth, which has consistently lagged the market’s middle tier over the past several years, now outpaces appreciation on typical homes, a new Zillow analysis shows.
Tag: Anushna Prakash
Zillow Finds Concessions Cool as Spring Rental Season Approaches
Following a winter that saw nearly a third of rental listings offering tenants tempting concessions such as free months of rent or free parking, Zillow, Seattle, said the share of rentals offering perks may have peaked.
U.S. Loses 58 ‘Million-Dollar Cities’ Since July
Zillow, Seattle, said 464 cities in the U.S. have typical home values of $1 million or more. That’s way down from last July, when 522 cities hit the mark.
Buyers Getting More for Money as Spring Season Approaches
Home buyers’ mortgage payments have started stretching a bit further, reported Zillow, Seattle.
‘Shrinkflation’ Hits Million-Dollar Homes
Sales of homes million dollar-plus homes have more than doubled over the past three years, but as with groceries, buyers are getting less than they used to, said Zillow, Seattle.