Not great news on the real estate front as existing-home sales dropped in October, according to the National Association of REALTORS. Among the four major U.S. regions, sales slid in the Northeast, South, and West but were unchanged in the Midwest. All four regions experienced year-over-year sales declines.
Elevated mortgage rates, high home prices, and limited housing inventory are making the dream of homeownership difficult for Americans, according to NAR Chief Economist Lawrence Yun. Yun analyzed the current state of the U.S. residential real estate market [...]
Household income record high at $107K in wake of rising home prices
A new analysis conducted by Zillow Home Loans and The Knot shows that more couples than ever who are planning to marry are registering for home funds to help them buy a house, in addition to more traditional wedding gifts
Does the current housing market have your dreams of owning a breakfast nook fading away? If so, you're not alone. According to Zillow, it would take almost nine years to save up a 10% down payment on the typical U.S. [...]
Existing-home sales faded in September, according to the National Association of REALTORS. Among the four major U.S. regions, sales rose in the Northeast but receded in the Midwest, South and West. All four regions registered year-over-year sales declines.
Home values took an uncharacteristic step down in September, albeit a small one, according to the latest Zillow market report1. Competition is easing faster than normal this fall as buyers contend with the highest mortgage rates in more than [...]
Pending home sales slid 7.1% in August, according to the National Association of REALTORS. All four U.S. regions posted monthly losses and year-over-year declines in transactions. "Mortgage rates have been rising above 7% since August, which has diminished [...]
Existing home sales moved lower in August, according to the National Association of REALTORS. Among the four major U.S. regions, sales improved in the Midwest, were unchanged in the Northeast, and slipped in the South and West. All four regions [...]
An expected end-of-summer slowdown in the housing market came with a pleasant surprise for home shoppers in August. The latest market report1 from Zillow shows an uptick of new listings. Although sellers are still listing fewer houses than pre-pandemic norms, [...]
More than 4 out of 5 prospective home buyers consider climate risks as they shop, new Zillow research shows. Most say their major concern is flood risk, followed by wildfires, extreme temperatures, hurricanes, and drought. "Climate risks impact [...]
Zillow Home Loans announced its 1% Down Payment program to allow eligible home buyers to pay as little as 1% down on their next home purchase. This program is initially being offered on properties located in Arizona, with plans [...]