A new turnkey application enables the integration of valuable neighborhood data into existing sites or the creation of custom-branded instances for clients.
Read More »Homebuyers Remain Motivated Despite Challenging Market Conditions
According to Zillow's May 2023 Market Report, newly pending listings are up nearly 10% from April, as homebuying competition is driving home prices up and housing inventory down to record lows for this time of year.
Read More »What a Debt Ceiling Default Could Mean for the Mortgage Industry
Although a national debt default is unlikely, new scenario projections from Zillow reveal home sales would decrease sharply. While home values would not lose much ground, a surge in mortgage rates would do further damage to nationwide housing affordability.
Read More »Q4 Senior Home Equity Levels Dip to $12.39T Nationwide
According to a new report from National Reverse Mortgage Lenders Association, the slight drop in the NRMLA/RiskSpan Reverse Mortgage Market Index was driven by a modest decline in senior home equity from a peak of $12.42 trillion in Q3 2022 to $12.39 trillion in Q4 2022.
Read More »Gen Zers, Millennials Cite Affordability as Deterrent to Homeownership
A new report from Zillow has found that younger generations still believe owning a home is part of the American dream but believe they might need to win the lottery in order to achieve that dream.
Read More »High Mortgage Rates Putting a Damper on Million-Dollar Homes
The share of U.S. homes worth at least $1 million slipped to 7% from 8.6% in June, according to a new report from Redfin, as inflated mortgage rates continue to cool the housing market.
Read More »Single-Family Rent Price Growth Experiences Lowest Appreciation Rate Since 2021
According to a new CoreLogic report, single-family rent price growth was up by nearly 6% year-over-year in January, marking the lowest rate of appreciation since the spring of 2021.
Read More »Interest Rates Sidelining Home Sellers
According to a new market report from Zillow, high interest rates caused new listings to hit a record low in February, frustrating willing homebuyers nationwide.
Read More »Experts Foresee Home Price Growth Picking Back Up in 2024
According to a new Zillow survey, starting next year, experts foresee price growth picking back up at an average clip of 3.5% per year through 2027.
Read More »Homes Owned by Black Families Appreciated Fastest During Pandemic
According to a new Zillow report, Black Americans' housing wealth has made strides, as the gap between the value of the typical Black-owned home and the typical U.S. home is the smallest it's been in the past two decades.
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