Zillow, Seattle, in partnership with ClimateCheck, reported areas with increased flood risk also see an increase in mortgage denials and in would-be borrowers withdrawing their mortgage applications, even after controlling for income and property value.
Tag: Zillow
Zillow: Expect a Buyers’ Market Before Year-End 2023
Sky-high mortgage costs are driving down competition among home shoppers, and a buyers’ market could emerge by year-end 2023, experts surveyed by Zillow said.
Housing Market Roundup Sept. 22, 2022
Here’s a quick summary of housing/economic reports that recently came across the MBA NewsLink desk:
‘Shrinkflation’ Hits Million-Dollar Homes
Sales of homes million dollar-plus homes have more than doubled over the past three years, but as with groceries, buyers are getting less than they used to, said Zillow, Seattle.
Housing Market Roundup Aug. 22 2022
Here’s a quick summary of housing/real estate finance articles that have come across the MBA NewsLink desk:
Zillow: Lowest-Priced Homes Attract Strongest Competition
As home-buying demand cools from last year’s record pace, competition is now hottest for the lowest-priced homes as affordability obstacles stretch buyers’ budgets, said Zillow, Seattle.
Zillow: Lower Credit Score Homebuyers Pay $104,000 More in Mortgage Costs
Elevated home prices and rising interest rates are feeding into housing affordability woes for potential buyers–especially those with lower credit scores–reported Zillow, Seattle.
Buyers Gaining Time, Options as Competition Eases
House shoppers are finding more options to choose from, more time to make decisions and even price cuts in some areas, according to Zillow, Seattle.
Housing Market Roundup: June 29, 2022
Here is a summary of recent housing, market and economic reports that have come across the MBA NewsLink desk:
Housing Market Roundup June 7, 2022
Here’s a summary of recent housing reports that have come across the MBA NewsLink desk: