Zillow, Seattle, said despite slowing home price growth, home buyers are still feeling the pinch because of low housing inventories and rising rents. In a separate report, Redfin, Seattle, said home price value continued to accelerate, reaching their highest levels since July 2018.
Tag: Zillow
Housing Market Update
Reports from ATTOM Data Solutions, Redfin, Zillow, RE/MAX and Ellie Mae.
Analysis: More Gen Zers Than Millennials Will Own Homes
Even as Millennials age into their prime home-buying years, they’re still not keeping up with past generations, said Zillow Inc., Seattle. Furthermore, the analysis said, Gen Z could end up overwhelming Millennials in homeownership competition.
Affordable Housing Sector Sees Stability
Low-Income Housing Tax Credit and Section 8 affordable housing saw steady vacancy during the third quarter despite more than 5,000 new units coming online, reported Reis, New York.
Affordable Housing Sector Sees Stability
Low-Income Housing Tax Credit and Section 8 affordable housing saw steady vacancy during the third quarter despite more than 5,000 new units coming online, reported Reis, New York.
Zillow: Shrinking Homes, More Stable 2020 Housing Market
After “extraordinary” home value growth characterized by a strong housing market in 2017 and 2018, Zillow, Seattle, said 2020 should shake down more like 2019–with the market stabilizing near historic norms.
Housing Market: ‘Silver Tsunami,’ or More Bidding Wars?
Seattle-based housing giants Zillow and Redfin take different approaches to market’s future, with Zillow predicting a “silver tsunami” as Baby Boomers get set to leave their homes, while Redfin sees constricted inventories presaging a return to bidding wars in many key markets.
Winning The Purchase Conversion Game
AUSTIN, TEXAS–Today’s always-online mortgage customers are often picked off by competitors even after pre-approval, but panelists here at the Mortgage Bankers Association’s 2019 Annual Convention & Expo discussed how you can protect and grow your purchase market share.
Millennials, Gen Z Make More Sacrifices to Become Homeowners
Zillow, Seattle, said younger buyers are more likely to make serious financial tradeoffs to buy a home, such as skipping healthcare services or cutting back on insurance.
Zillow: Housing Inventory Falls to New Lows
Zillow Inc., Seattle, said any gains from a modest buildup of inventory earlier this year were more than erased during the 2019 home shopping season.