Tag Archives: Zillow

"It seems straightforward: We need to build more homes," said Dr. Skylar Olsen, Zillow's Chief Economist.

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.

According to a new report from Zillow, some 39% of first-time home sellers wish they had set a higher list price, as 9 in 10 first-time sellers think they could have gotten a higher price by making different choices.

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.

“A slowdown in home prices is underway and welcomed, particularly as the typical home price has risen 42% in the past three years,” National Association of Realtors Chief Economist Lawrence Yun said.

The share of homes that sold above their list price also fell to levels last seen in June 2020.

"This year's hottest markets will feel much chillier than they did a year ago," said Anushna Prakash, Economic Data Analyst at Zillow.

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.

"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.

Zillow reports that monthly mortgage payments retreated in November, but numbers are still up more than 60% over the past year.