The for-sale housing market showed incredible strength in 2020, and we expect 2021 will be even stronger. Demand continues to stay high, and is expected to surge in cities as economies reopen. Annual home sales growth is expected to be the highest in almost 40 years as life and financial certainty brings more sellers into …
Bold 2021 Predictions: A Stronger Housing Market Across the Board Read More »
Americans of every age group and ethnicity are forming households at lower rates than before the Great Recession. The trend of fewer households began to reverse in 2018 and 2019. There would be 5.7 million more households if today’s demographic groups formed households at the same rate they did in 2006. The group with the …
After Years of Decline, Household Formation Rates Were Improving Pre-Pandemic. Now What? Read More »
About a third of homeowners who are considering selling in the next three years cite life being too uncertain right now (34%) and financial uncertainty (31%) as reasons they aren’t selling. Nearly 40% of these potential sellers say they anticipate a higher sale price if they wait. Despite a market tilted decidedly in their favor …
Financial Anxiety, Ongoing Uncertainty Keeping Sellers on the Sideline Read More »
Increased opportunities to work remotely are pushing more Americans to rethink how and where they want to live. But even if there’s less of a need to live as close to urban job centers, traditional urban amenities — think restaurants, nightlife, museums and sports venues — remain a big draw and demand for city living remains …
What are the Top Affordable U.S. Suburbs With a City Feel? Read More »
A switch to more telework could give 1.92 million U.S. renters (4.5% of renter households) the option to leave the metropolitan areas where they currently live and buy a starter home in a cheaper locale. Starter homes are more expensive than the nation as a whole in 37 of the 50 largest U.S. metros. Fleeing …
Freedom to Telecommute Could Add Almost 2 Million Potential Buyers to the Market Read More »
U.S. rent growth has slowed this spring as heavy unemployment hit renters harder than homeowners. Rent price growth in urban ZIP codes has slowed more than those in suburban areas since February, one outcome of unemployment affecting urban renters particularly hard and a possible signal that preferences are shifting in favor of the suburbs. The …
Urban Rent Slowdown May Signal Renters are Edging Toward the Suburbs Read More »
The median sale price was up 4.6% year-over-year in May, to $263,408. Most major metros saw a slight deceleration in sale price growth from April to May A resurgence of more-expensive listings, low price cuts, and record-low days on market are all expected to sustain upward pressure on sales prices. The median price of U.S. …
No Bargains in Sight as Home Prices Show Little Impact from Coronavirus Read More »
In a survey of 106 economists and real estate experts conducted by Pulsenomics and Zillow, 41% of panelists expect the U.S. recovery will follow a ‘U’ shape, with the recession lasting several quarters before returning to growth. Once the pandemic begins to subside, experts agree, there will be an increase in demand for suburban and …
Experts: Spring’s Missing Home Sales Will be Added to Coming Years Read More »
Page views on for-sale listings on Zillow fell as much as 19% year-over-year in mid-March, but have rebounded sharply since then. Traffic on listings in some metros have recovered more quickly, including Los Angeles, Houston, Dallas and Atlanta. Web traffic to for-sale home listings on Zillow fell off dramatically in mid-March as the U.S. coronavirus …
Web Visits to For-Sale Listings Rebounding as Spring Unfolds Read More »
The United States has officially entered a bear market, with major financial indices falling by more than 20% since the beginning of the year. The market has fallen in response to a mix of information, including global community spread of the Novel Coronavirus COVID-19, a travel ban for Europeans into the US, and general uncertainty …
Information From Past Pandemics, And What We Can Learn: A Literature Review Read More »
We use cookies to improve your experience.
By continuing to visit this website, you accept our use of cookies. Read our policy here.