Redfin, Seattle, said bidding wars eased up slightly in September, but more than half of properties saw competitive bids. A separate report from Zillow, Seattle, showed the most intense competition was for entry level homes.
Tag: Zillow
Latinx Americans Driving U.S. Homeownership Gains, But Roadblocks Persist
“Remarkable growth” this past half-decade has boosted the share of Latinx households in the U.S. that own their home to its highest since the Great Recession, said Zillow, Seattle. However, despite these encouraging signs, roadblocks remain on the path to equitable housing.
Reports Cite ‘Disproportionate’ Housing Impacts for Women, Minorities
Women and minorities still face “disproportionate” housing impacts, two new reports said.
Housing Market Roundup, Oct. 6, 2020
Here are summaries of the latest housing finance reports, from Black Knight; Redfin; Zillow; and Morning Consult.
Monday Report: Red-Hot Housing Markets and a Time-Capsule Survey
This morning’s Monday Report features stories that confirm the housing markets remain hot, regardless of location or political preference; what that might mean for down payments; and a housing survey that, thanks to the coronavirus pandemic, was obsolete the moment it was released.
College-Area Rents Slip as Schools Move Online
The rental market has softened across the country during the pandemic, but especially in college neighborhoods, said Zillow, Seattle.
New Home Sellers Join Market as High Demand Persists
The high buyer demand/rising prices drumbeat kept its rhythm into September as buyers scooped houses off the market at record rates, said Zillow, Seattle.
Remote Work Could Open Homeownership to Nearly Two Million New Households
The rise of remote work could unlock homeownership for nearly two million renter households, according to Zillow, Seattle.
Concessions Rise as Rental Market Softens
Rental concessions are now nearly twice as common as in February as apartment owners strive to attract new tenants in a softened market, said Zillow, Seattle.
Housing Report Roundup: More San Francisco Home Sellers Dropping Their Prices—And They’re Heading for Sacramento
The ground is shifting in California—and it’s not the San Andreas Fault.