The share of homes that sold above their list price also fell to levels last seen in June 2020.
Read More »Charlotte Predicted as Hottest Housing Market in 2023
"This year's hottest markets will feel much chillier than they did a year ago," said Anushna Prakash, Economic Data Analyst at Zillow.
Read More »Kansas Town Ranks as Zillow’s Most-Searched Market in 2022
Marking a shift from 2021's leaders from the West Coast, a new Zillow study of the nation’s most searched markets found the town of Prairie Village at the top of its popularity rankings with site-leading page views of for-sale listings per day.
Read More »Backyards The Most Sought-After Home Feature
"The rising popularity of outdoor features suggests the pandemic has changed the way we want to live for good, priming the backyard for a 2023 evolution," said Amanda Pendleton, Zillow's Home Trends Expert.
Read More »Homebuyers Find Affordability Relief
Zillow reports that monthly mortgage payments retreated in November, but numbers are still up more than 60% over the past year.
Read More »The Cost of Prepping a Home for Sale
A new report identifies the most common home improvements being made during the winter in advance of the spring homebuying season.
Read More »Affordability will be Driving Housing Market Force in 2023
"Affordability is going to be the biggest factor in housing for 2023, but there's room for optimism on that front if mortgage rates recede," said Zillow Chief Economist Skylar Olsen.
Read More »Report: Homebuyers Fail to Put Due Diligence into Researching Lenders
According to Zillow, a majority of homeowners put more time into shopping for a new vehicle than they did looking for a mortgage lender. Click through to find out what that means.
Read More »Thursday Is the New Black Friday for Home Sale Discounts
A new Zillow analysis found that sellers looking to slash prices are doing so on a Thursday, with price cuts on average nearly 3% of the listing price, or $11,000 off the price of a typical U.S. home.
Read More »Homebuyers Anticipate Housing Prices to Crash
As the housing market continues to rebalance, a new Zillow survey of agents reveals the top misconceptions among aspiring homebuyers and sellers.
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