It’s not exactly a race, but so far in 2022, home values in the suburbs sped ahead of urban growth values, continuing a trend began last summer, said Zillow, Seattle.
Tag: Nicole Bachaud
Housing Market Roundup: May 20, 2022
Catching you up on housing and economic reports that came across the MBA NewsLink desk this week during and after the MBA National Secondary and Capital Markets Conference & Expo in New York:
Home-Selling: It’s in the Metrics
Can algorithms determine the perfect time to list a home in today’s market? And in today’s market, does it even matter? Zillow, Seattle, thinks so.
Housing Market Roundup: Mar. 31, 2022
Here’s a summary of recent housing market and economic reports that came across the MBA NewsLink desk:
Millennial Demand Drives Price Increases in Kid-Friendly Neighborhoods
Zillow, Seattle, said home values are growing fastest in areas with the highest share of kids, reflecting the impact Millennials are having on family-friendly neighborhoods with a shortage of available homes.
Housing Market Roundup Sept. 21, 2021
It’s another busy week for housing reports—and it’s only Tuesday! Here are some reports of interest that crossed the MBA NewsLink desk:
Rent Prices Soar Beyond Pre-Pandemic Projections
A strong and widespread recovery of rents has pushed prices beyond where they would have been had the coronavirus pandemic never occurred, reported Zillow, Seattle.
Zillow: Affordability Squeeze Approaches as House, Rent Prices Rise
Housing affordability improvements brought on by historically low mortgage rates and dampened rent growth are “quickly evaporating” as home prices and rents rise faster than incomes, said Zillow, Seattle.
Saving for Down Payment Tougher for First-Time Home Buyers
Starter home prices are growing nearly seven times faster than renter incomes, making what was likely already the biggest challenge for first-time home buyers ― saving for a down payment ― even more difficult. But there is good news for today’s first-time buyers, said Zillow, Seattle.