The top 1% could buy nearly all homes in the US with their wealth
The value of America's nearly 100 million homes hit $49.7T at the end of 2024, as the combined net worth of the wealthiest 1% of Americans hit a record $49.2T, according to a Redfin analysis
by Lillian Dickerson Mar 11
Home values have surged at 2X the normal rate since pandemic
Since 2020, US home values have risen by 45.3%, meaning more than 10 years of typical home value growth has been packed into a 5-year period, a new report from Zillow shows
by Lillian Dickerson Feb 27
Homebuyers gain leverage as sellers cut prices: Zillow
In January, almost 23% of sellers reduced their listing price — the highest percentage for any January since 2018, according to a new analysis by Zillow
by Richelle Hammiel Feb 12
Low-risk homes appreciate as climate concerns shift the market
Redfin's analysis reveals that Americans are increasingly factoring natural disaster risk into their homebuying decisions, with homes in low-risk areas now appreciating in value more quickly
by Richelle Hammiel Nov 21
Choosing these paint shades could cost homesellers thousands
Painting is one of the quickest, most cost-effective updates a homeowner can make, especially if they’re prepping a home for sale. If maximizing the home’s value is the goal, avoid these colors
by Richelle Hammiel Nov 12
Rescuing the American Dream through smart tax incentives
Opinion
Industry veteran Alex Perriello says that to fix the affordability problem in America, agents need to get involved, and smart tax incentives need to be offered
by Alex Perriello Aug 15
Swing state housing costs have skyrocketed since 2020 election
Housing affordability will remain an issue at the forefront of the upcoming presidential election, where swing states will determine the next president and the future of housing costs
by Richelle Hammiel Jul 17
Median price per square foot is up 52.7% since 2019: Realtor.com
Home values have boomed over the past 5 years, with New York, Boston and Nashville experiencing double-digit gains in the median price per square foot
by Marian McPherson Jun 4
West Coast tech hubs see home values skyrocket in spring market
Seasonal price growth is highest in San Jose as buyers compete for extremely limited inventory, according to an analysis by Zillow
by Ben Verde Apr 15
'Million-dollar' cities have spiked to a new high in the US: Report
There are now 550 'million-dollar' cities in the U.S. compared to 491 last year. California is home to nearly half of them, according to a new Zillow analysis
Affordability, inventory, rates: An economist's 2024 housing outlook
Opinion
Windermere Real Estate Chief Economist Matthew Gardner offers his 2024 forecast for interest rates, home values and the potential for a housing market recovery
by Matthew Gardner Dec 5
Home values fell in 21 of the 50 largest US metros in August: Zillow
Home values are now 11.4% lower in Austin, Texas, than they were in Aug. 2022, Zillow said. Nationally, prices were up slightly from July to August, and there was a small inventory uptick
by Taylor Anderson Sep 13
Home value hits all-time high in June as owners cling to low rates
Typical home value breached $350,000 for 1st time in June, a new peak in typical values according to a report by Zillow. Redfin shows nearly 92% of homeowners have a mortgage rate below 6%
by Ben Verde Jul 12
Price, cost and value: You (and your clients) should be looking at all 3
While often used interchangeably, these three factors speak to different aspects of your business — and your clients’ decision-making process
by Troy Palmquist Jun 10
A recession is looming. How will it affect real estate?
Opinion
The bad news is that a recession is on the horizon. The good news? People will move anyway, driven by a host of other factors
by Chris Drayer May 12