Seasonal cooling, cost strains bring housing market close to normal
The housing market continued its return back to earth in December as affordability challenges kept demand in check, the latest Zillow data show. Falling mortgage rates lowered costs slightly, and several [...]
Real estate: 10 hottest markets to call home in 2023
You might be surprised to learn where the hottest markets are in 2023 with Charlotte, N.C leading the pack according to a new industry report Yes, Charlotte will be this [...]
Prairie Village, Kansas, was most popular city in 2022 to live
Dorothy from the film, "The Wizard of Oz" called the state home and now one city, Prairie Village, Kansas, was listed as Zillow's most popular market of 2022, showcasing rising [...]
Pending home sales slid 4.0% in November
Pending home sales slid for the sixth consecutive month in November, according to the National Association of REALTORS. All four U.S. regions recorded month-over-month decreases, and all four regions saw [...]
Backyards are the ‘must-have’ home feature for 2023
Move over, chef's kitchens. Functional outdoor space is the new 'must-have' for 2023 home buyers. Zillow data find backyards are now being mentioned 22% more often in for-sale listings compared [...]
Home buyers see first signs of affordability relief in months
After months of watching the cost of a new mortgage rise higher and higher, home buyers finally saw some relief in November. A combination of declining home values and lower [...]
70% of Gen X and Baby Boomers retiring in home they own
Gen X and Baby Boomers account for 70%[1] of the 84.7 million owner-occupied homes[2] in the United States, so their plans for homeownership in retirement can greatly impact residential home [...]
Hot housing takes for 2023 from one industry leader
With 2023 around the corner some might be wondering what lies ahead for the real estate market considering its overall downward numbers as of late. Well, it looks like the [...]
Home prices plateau as high mortgage rates chill market
Buyers and sellers are both stepping away as skyrocketing mortgage rates have settled the housing market into a more balanced state, according to the latest Zillow® market report1. Home values remained [...]
Renters must work 6 hours more to pay rent than before pandemic
An American making an average wage needs to work about 63 hours before earning enough to pay the typical monthly U.S. rent of $2,040. That is three hours more than they [...]