The typical home in the U.S. is worth $245,193, up 3.8% from a year ago. There were 1,500,262 homes listed for sale in January, down 8% from a year ago. Typical U.S. rent grew 2.3% year-over-year, to $1,602. Annual U.S. home value growth slowed for the 21st consecutive month in January, but you have to …
A collection of relatively affordable, sun-belt markets are among those in which home value growth in 2020 is most expected to outperform the national average, according to a panel of experts recently surveyed by Zillow. As part of the Q4 2019 Zillow Home Price Expectations Survey, sponsored by Zillow and administered by Pulsenomics, a panel …
Looking for the Housing Markets Most Likely to Outperform in 2020? Look South Read More »
The share of 25- to 34-year-olds who have lived in their current home for fewer than two years rose from 33.8% in 1960 to 45.3% in 2017. Among large metros, the biggest increases in the share of young people with short home tenures were in Boston, Pittsburgh, Detroit and Philadelphia. The majority of young adults …
On the Move: Why Young Adults Today Are More Mobile Than Previous Generations Read More »
Timing and price uncertainty are among the most stressful aspects of the home selling process. There’s no getting around it — selling a home is stressful. Experiencing stress is a reality for 95% of sellers in the U.S., according to Zillow’s 2019 Consumer Housing Trends report. Timing and price top the list of seller stresses …
There’s a good chance that when a seller contacts an agent today, they’ve already jump-started the selling process — painting rooms, sprucing up the garden, remodeling a bathroom or researching what similar homes have sold for. And while sellers haven’t gone full-on do-it-yourself, they are decidedly DSIY — “do some of it yourself” — when …
Having children changes people, and for home buyers, that translates into vastly different wish lists and budgetary constraints. Once fans of happy hour and eating out, new parents find they’re lucky to make it to the grocery store and back. The desire to be trendy or able to walk to favorite shops gives way to …
April Market Report In April, the median home value fell 0.1% from March, the first time the market has posted a monthly decline in seven years. A more stable metric — year-over-year appreciation — shows U.S. home values up just 6.1% from last April. That’s below annual growth of 7.5% in April 2018. 16 of …
Home Values Dip Month Over Month for First Time in 7 Years Read More »
The market has begun to cool, with the median home value nationally climbing in March by less than 7% annually (to $226,700) for the first time in more than two years. Home values are growing especially slowly in some markets that until recently were among the country’s hottest. While values in most major metros continue …
An overhyped stereotype about millennials is that they’re entitled narcissists who can’t be bothered to do homework, legwork or even stash a few dollars in the bank (see avocado toast). That caricature can be taken apart in many ways – including by research from the Zillow Group Consumer Housing Trends Report that shows millennial home …
‘Lazy’ Millennials Do More Work When Buying, Selling Homes Read More »
U.S. for-sale home inventory increased 1.2 percent from a year ago. The largest inventory increases were seen in softening but still competitive West Coast markets. The typical U.S. home was worth $225,300 in January, 7.5 percent more than a year ago. The median rent rose 2.1 percent over a year ago to $1,468, the third …
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