Tariffs, stalled construction threaten to end rent stability
According to a new report from Redfin, mounting economic pressures, including tariffs and slowing construction, could soon put upward pressure on rents
by Richelle Hammiel Apr 14
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
Housing inventory hits post-2020 high as unsold homes linger
In November, active listings rose 0.5% month over month and 12.1% year over year, according to Redfin's analysis
by Richelle Hammiel Jan 2
How agents can bridge the 'haves and have nots' housing market
Zillow Senior Economist Orphe Divounguy says it will be up to agents to bring sellers with unrealistic expectations about what the market will bear back down to Earth
by Matt Carter Jul 31
Economists predict big slowdown in home price appreciation
As for-sale listings continue to surge, many would-be homebuyers are still having trouble finding properties that they can afford. Prices are already coming down in some markets
by Matt Carter Jul 23
Zillow, Redfin: Northeast and Midwest rental prices surging
Some Northeast and Midwestern markets saw double-digit increases in median asking rent, according to new data released Tuesday
by Richelle Hammiel Jul 11
Investor purchases increased for the first time in 2 years during Q1
Real estate investors bought roughly 44K homes during the first quarter of 2024, a 0.5% uptick from a year ago
by Ben Verde May 16
Luxury home prices have reached new heights: Redfin
With a recent boost to inventory and steady demand for high-end properties, luxury homeowners are cashing out existing homes and using cash power to buy a new one, fueling price growth
by Lillian Dickerson Apr 19
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
Declining mortgage rates bring new-year market thaw: Redfin
Mortgage purchase applications and new listings have improved in recent weeks, thanks to a 25% decline in mortgage rates from October's peak of nearly 8%
by Marian McPherson Jan 11
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
Americans' average mortgage payment falls $164 in November
A dip in the weekly average for 30-year mortgage rates dropped the average mortgage payment to $2,575 in November, and homebuyers are taking advantage
by Marian McPherson Nov 30
Compass snags high-performing Rhode Island Sotheby's team
The Blackstone Team is based in Providence and closed more than $95M in sales volume last year. The team's move to Compass comes amid intense competition for top talent
by Jim Dalrymple II Nov 9
Listings tick up and prices tick down during an ice-cold fall market
The added punch of mortgage rates nearing 8% is making this year's fall season particularly slow
by Ben Verde Oct 13
NYC tops list of most expensive rental markets, ousting San Jose
New York City topped San Jose as the most expensive rental market in the country, the first time the Big Apple has topped the list since Zillow began tracking the data in 2015
by Taylor Anderson Aug 8