This week has produced more housing finance reports than you can shake a stick at. Here’s a roundup and summary of what’s happening of reports from Ellie Mae; ATTOM Data Solutions; Redfin; Radian Inc.; TransUnion; Black Knight; Zillow; and PayNearMe.
Tag: Zillow
Home Prices Up For Now; Analysts See Slowdown
Two new home price reports speak to the new sense of volatility caused by the coronavirus pandemic.
Zillow: Coronavirus-Related Layoffs Threaten Housing Security for Minorities
Latinx, Asian and black workers are disproportionately represented in the food, arts and service industries that have been affected by mass layoffs and furloughs, said Zillow, Seattle.
Online Home Shopping Activity Up—Way Up
Reports from Zillow, Seattle, and Redfin, Seattle suggest prospective home buyers are adapting to the Age of Coronavirus by significantly upping their online searches and tours.
Two Months Without Pay Pushes Many Workers to Spend 40% of Income on Rent
Zillow, Seattle, said renters working in food service and retail could spend 40 percent of their annual income on housing if they cannot work for two months–a nearly 6 percentage point increase from their current rent burden.
Coronavirus Slows Housing Market Despite Low Mortgage Rates
Mortgage rates fell to record lows just as Spring home shopping season began, but early signs point to a slowing market due to COVID-19 uncertainty, said Zillow, Seattle.
Zillow: Home Value Growth Ends 21-Month Slowdown
First the good news: Zillow, Seattle, reported after a nearly two-year slowdown, year-over-year home value growth rose in February. The typical home value in the U.S. is now $247,084, a 3.9% increase from a year ago, according to the February Zillow Real Estate Market Report.
The Best Time to Sell a House? There’s Data for That
With the spring home-buying season well underway, it raises a question: is there a best time to sell a house? According to Zillow, Seattle, the answer is yes—depending on need.
Solving Affordability with More Density
Most of us love the idea of having a single-family home on a two-acre lot, big enough to support livestock. But when it comes to housing affordability, says Zillow, Seattle, most of us also say they see a path through adding density.
Zillow: Home Value Growth Expected to Re-Accelerate Just in Time for Home Shopping Season
Zillow, Seattle, reported annual U.S. home value growth slowed for the 21st consecutive month in January—but that’s not the headline.