Home listings are piling up as buyers step back from the peak of home shopping season faster than normal, according to Zillow, Seattle.
Tag: Zillow
Middle-Class Americans Must Put Down More Than $127,000 to Afford Monthly Mortgage: Zillow
A new Zillow analysis shows that to comfortably afford a typical U.S. home, a median-income homebuyer needs to put down nearly $127,750, or 35.4%.
Zillow: Housing Deficit Continues to Grow
Zillow, Seattle, released an analysis revealing the U.S. housing shortage grew to 4.5 million homes in 2022, up from 4.3 million in 2021.
Zillow: Black Homeownership Rate Rises, But Has Not Returned to Prior Peak
Zillow, Seattle, said the homeownership rate for Black households has grown faster than average since 2019, but it remains below the high-water mark reached in 2004, before the Great Recession.
Zillow: Number of Rent-Burdened Households Significant; BIPOC Renters Most Affected
A new report released by Zillow, Seattle, found that nearly half of U.S. renter households in large metro areas are “rent-burdened.” And, BIPOC renter households are more likely than others to fall into that category.
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.
Zillow Finds Early Home Shopping May Pay Off
Both buyers and sellers should prepare for a competitive home shopping season this spring. Zillow’s latest market report shows that well-priced homes are being sold quickly, while those that linger on the market are seeing their asking prices cut.
Zillow: Home Buyers Need to Earn $47,000 More Than in 2020
Home shoppers today need to earn more than $106,000 to comfortably afford a home, a new Zillow analysis found.
Zillow Predicts Hottest Major Housing Markets for 2024
Zillow, Seattle, ranked what it anticipates will be the hottest major housing markets this year, with Buffalo, N.Y., claiming the top spot.
Zillow Predicts Improved Affordability, More Homes For Sale in 2024
Zillow, Seattle, predicts home buyers will have a bit more financial breathing room in 2024, although affordability remains a challenge.