A new Zillow report breaks down the affordability crisis in the U.S. showing the gap between household formation and available housing, which currently sits at 4.3 million missing homes.
A new Zillow report shows buyers pay more for homes with interior walls painted in dark hues rather than lighter neutrals—and about $2.5K more for dark gray kitchens.
Zillow released its May 2023 Housing Market Report, showing a 1.4% monthly increase in home prices and a 0.9% annual increase. Buyer competition for available homes is driving up prices as high mortgage rates deter would-be sellers, keeping inventory low.
According to a new analysis from Zillow and Thumbtack, the hidden costs of homeownership—from property taxes to essential maintenance—add up to an average ofn$14,155 a year, or $1,180 a month.
Zillow has ranked Colorado Springs, CO, at the #1 spot on their list of the top markets for college grads in 2023 for its relatively affordable rents, smaller population, and abundance of career opportunities.
Byron Lazine, Tom Toole, and Lisa Chinatti discuss mortgage rates rising amid debt ceiling talks, sacrifices buyers make to afford a down payment, the cost of online lead generation, and buyers turning to real estate agents for financing advice.
This week’s Hot Sheet recap includes reasons why real estate agents need to stay informed on both macro and micro trends, along with every segment Byron Lazine covered the week of May 22nd-May 26th.
A new Zillow survey shows over half (55%) of buyers turn to real estate agents for financing advice. Over half of these (56%) ranked understanding mortgage costs among their top three concerns.
Housing market analysts, including those from Fannie Mae and Zillow, have conflicting forecasts about home prices. Here’s how you can talk to consumers about where home prices are expected to go.
Zillow’s April 2023 Housing Market Report shows a market strongly in favor of sellers as rising demand meets low inventory.
On May 2, 2023, Zillow announced the launch of a Zillow ChatGPT plugin. On May 3rd, Redfin announced its own ChatGPT plugin. Both allow users to search for homes using conversational language.
As March brought a 22% annual increase in landlords listing their properties for the first time through Zillow Rental Manager, Zillow research revealed what landlords wished they knew before investing in rental properties.
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