Zillow Market Pulse: February 5, 2021
January jobs figures underwhelmed, but the service sector showed signs of life. Mortgage applications rose, despite rising interest rates.
Zillow Market Pulse: February 5, 2021
January jobs figures underwhelmed, but the service sector showed signs of life. Mortgage applications rose, despite rising interest rates.
Mortgage Rates Up, Continuing Stretch of Modest Weekly Oscillations
Mortgage rates trended higher this week as economic data and pandemic-related developments paint a conflicting picture of the economy’s path forward.
Zillow Market Pulse: January 29, 2021
Economic output fell in 2020 by more than it has in any calendar year since the mid-1940s. But the housing market remains strong.
December New Home Sales: A Banner Year in the Books
Overall, an estimated 811,000 new single-family homes were sold in 2020, up almost 20% from 2019.
Mortgage Rates Fall to Pandemic-Driven New Lows
After spiking in early January, mortgage rates have spent the last couple weeks trending consistently lower as more pandemics news injects fresh uncertainty into markets.
November Case-Shiller Results & December Forecast: Gathering Speed
Growth in home prices continued to climb in November, gathering speed before the end of the year and setting the stage for a full out sprint in 2021.
Zillow Market Pulse: January 22, 2021
December existing home sales, home value growth and home construction activity all exceeded expectations and capped off an extraordinary year in housing.
December Existing Home Sales: Why 2020 will go Down as the Best Year in a Generation
One last unexpectedly strong monthly gain in sales in December will ensure that 2020 will go down as the best year for existing home sales since 2006.
December Housing Starts: Capping Off an Extraordinary Year
2020 will go down, quite unexpectedly, as one of the best years for home builders in recent memory and proof that great challenges can be overcome.
Mortgage Rates Fall as Pandemic Uncertainty Continues
After months of barely budging, rates rose significantly in early January at their strongest pace since the spring but that upward momentum has since dissipated.
