It’s Going to Be Another Long, Hard Winter in Housing
Home value depreciation began to accelerate in the third quarter, according to the Zillow Real Estate Market Reports. With home values 25% below their peak and 17 consecutive months of depreciation, the length and severity of the current downturn is approaching the housing recession of the Great Depression.
Case-Shiller: Not Just a Home Price Index
As foreclosures continue to mount across the country, the Case-Shiller Index's inclusion of distressed sales masks true changes in home values. Zillow analysis shows the indicator is becoming increasingly detached from underlying home values.
Typical price-rent ratios compare vastly different sets of homes, making true apples-to-apples comparisons difficult. Zillow has created a new one that compares rental listings on the site and the Zestimates of the same home.
Improvement in Home Value Depreciation Stalls in July
The rate of home value depreciation, which had been slowing for several months, went sideways in July.
After a Decade of Ups and Downs, What is Housing’s True ‘Normal’?
Housing hasn't been "normal" in nearly 15 years. Will home value appreciation return to historic levels, or will housing have a new "normal?"
Zillow's second quarter Real Estate Market Reports show continuing declines in home values, uncertainty about coming months as we experience payback from the expiration of the homebuyer tax credits.
