How much is a typical luxury home? $750K in Buffalo, $5.3M in Cali
For about the last 4 years, home price growth in the overall market outpaced growth in the luxury sector every month. But since January 2024, that trend has reversed, Zillow reported
Landlords pull plug on renter incentives ahead of spring
A new Zillow analysis on Wednesday revealed a slowdown in rental concessions ahead of a busy spring and summer leasing season. Only 32.2% of rentals advertised incentives in February
by Marian McPherson Mar 20
This city in upstate New York is Zillow's hottest market of 2024
Zillow is once again predicting that more affordable markets will be the ones to watch in 2024, with Buffalo, New York, taking the top spot
by Ben Verde Jan 4
New data shows much of the US has entered the ‘renter’s market’
The Sun Belt leads the ongoing drop in rent declines, and the price of rent is now lower than a year ago in 50 of the top 100 markets Zumper tracks
by Taylor Anderson Nov 28
Rental concessions rise as new inventory comes online
Thirty percent of rentals advertised on Zillow in October offered concessions of some sort, such as free parking or free months of rent, even as rental rates remain high
by Ben Verde Nov 20
58 cities that had million-dollar homes in 2022 don't anymore: Study
The number of US cities where the typical home value was $1M or more has dropped from a high of 522 in July 2022 to 464 as of January 2023. Coastal states have been most severely impacted
by Lillian Dickerson Mar 14
'Shrinkflation' looms as incredible shrinking home hits upscale market
The size of the typical $1M home plunged to 2,350 square feet in early 2022 after peaking at 3,021 square feet in mid-2020, according to new data released Tuesday from Zillow
by Ben Verde Aug 30