U.S. Movers Continued to Seek Affordability in 2021, but in Different Areas
Some of 2020’s most popular mover destinations have gotten so expensive, so quickly that they are losing some of their appeal as affordable options.
Affordability
Housing Demand in a High-Inflation World: Why Non-Shelter Inflation Might Not Dent Buyer Demand
Buying a home today with a fixed-rate mortgage can be a hedge against housing inflation, locking in the cost of shelter even as other prices may rise.
Zillow’s Hot Housing Takes for 2022
Expect the strong sellers market to persist, the Sun Belt to remain highly in-demand and flexible work options to continue to shape housing.
FSBOs May Fit the Bill For Buyers Looking for Affordable Options
For sale by owner (FSBO) listings are a small but relatively consistent share of total U.S. home listings -- since 2018, FSBOs have accounted for around 4-6% of total monthly listings.
Where the Rent Burden is Most Unequal Across Racial Communities
The typical black and Latinx renting households are considered housing cost burdened; typical white and Asian renter households are not.
To Afford Rent, Teachers and Nurses Are Living in Smaller, Older Homes
Only a small share of rental homes in many markets are priced low enough to allow teachers & nurses to keep rent burdens low.
Share of Homes Sold Way Over List Doubles
The number of homes selling for huge sums over list price has risen rapidly since the start of the year. More than twice as many home sold for $500,000 or more over their original list price in Q2 than in Q1.
The Typical U.S. Renter is Expected to be ‘Housing Cost Burdened’ By the End of 2021
Rent paid as a share of income is forecast to rise beyond 30% by December for the typical U.S. renter, which is considered housing burdened.
Experts: Zoning Changes Most Effective Path to Boosting Housing Supply
When asked what could be done to increase housing supply, a panel of experts surveyed by Zillow chose relaxing zoning rules as the most effective option.
The Top 10 U.S. Metros for Digital Nomads
With the prospect of permanent work-from-home arrangements becoming more likely, the popularity of a “digital nomadic lifestyle” is likely to trend upward.
