The U.S. Has Lost 58 ‘Million-Dollar’ Cities Since the Housing Market Peaked Last July
The rebalancing of the housing market has been felt the most in areas where affordability is stretched
Homes You Can Afford for $3,000 Lose A Bedroom As Mortgage Rates Increase
Home size per dollar still largest in Memphis and the Midwest, despite declines driven by mortgage rates.
Why Charlotte Will Be 2023’s Hottest Market
Zillow’s annual predictions for the hottest housing markets of the year. Factors include expected home value growth, projected change in owner-occupied households and job growth compared to new construction.
Bah, Humbug! Holiday Streets Have Lower Zestimates
Nationwide, the median house on a street with “holiday” in the name is worth $268,042 or 18% less than the median home on a normal street, whose median value is $327,257.
Prairie Village, KS was Zillow’s Most Popular City in 2022
Kansas’ Prairie Village is Zillow’s most popular city of 2022, representing rising interest in the Midwest and heading a dramatic reversal from 2021’s West Coast-centric leaders.
Midweek Price Cuts Offer Black Friday Bargains for Home Shoppers
With Black Friday coming up, shoppers of all kinds have their eyes peeled for great deals – including home shoppers. While the housing market rebalances, home shoppers who are able to afford today’s market may be wondering when the best time is to look for a discount on their dream home. As the share of listings with a price cut reaches new heights, now may be the best time to find that deal on a house you love.
The typical age of inventory is up 45% from last year, and is 30% less than the pre-pandemic average.
Sales Up, Size Down for $1 Million Homes
The typical million-dollar home has shrunk in size across nearly all major metropolitan areas
