Zillow, Seattle, said incremental increases in homeownership rates and home values among Black households would help shrink the current $3 trillion racial wealth gap by hundreds of billions of dollars over the next decade.
Tag: Zillow
Zillow: New Listings ‘Surge’ Could Relieve Frustrated Shoppers
The inventory crunch bedeviling home searchers could start to turn around as record appreciation of home values entices more owners to sell, reported Zillow, Seattle.
Housing Market Roundup: Apr. 15, 2021
Beware the Ides of April—unless it’s news you seek. Because we have plenty of housing market reports below to slake your thirst.
Pandemic Drives ‘The Great Reshuffling’
So many people have moved in the past year—either by choice or by circumstance—that it even has its own name: the “Great Reshuffling.”
Low-Income Renters Not Seeing Pandemic Savings
Rent growth has slowed during the pandemic, seemingly a boost for rent affordability. But more expensive areas tended to soften the most, giving little respite to renters in lower-priced areas, reported Zillow, Seattle.
Housing Market Roundup—Mar. 19, 2021
Here’s a rapid-fire summary of recent reports on the housing and housing finance industries:
Housing Market Roundup: Mar. 12, 2021
Lots of housing market reports piling up in the MBA NewsLink inbox. Let’s get going:
Millennials Get Comfortable with Mortgage Process
Reports from ICE Mortgage Technology and Zillow illustrate not only how comfortable they have become with the mortgage process—particularly online—but also in what kind of mortgages they obtain.
Reports Cite Progress—and Work to Do—for Female/Minority Home Buyers
Two reports illustrate both the progress made in lending to women and minorities and the challenges lenders continue to face in expanding minority homeownership.
Industry Briefs Feb. 25, 2021
Finicity, Salt Lake City, announced its one-touch Mortgage Verification Service, enabling lenders to allow consumers to permission data so lenders can verify assets, income and employment in a single interaction. The verification is accepted by both Freddie Mac and Fannie Mae.