October Existing Home Sales: Blowing Past Expectations. Again.
Every time we think that this year's existing home sales wave may have finally crested, another month of data comes in that blows past expectations.
October Existing Home Sales: Blowing Past Expectations. Again.
Every time we think that this year's existing home sales wave may have finally crested, another month of data comes in that blows past expectations.
Zillow Market Pulse: November 18, 2020
Home construction activity in October was good, not great. Household debt is up, and consumer spending is slowing way down.
Mortgage Rates Fall as Vaccine Euphoria is Replaced by Sobering Realities
Mortgage rates fell significantly as initial vaccine optimism was replaced by the sobering current reality of rising case loads and distribution challenges.
October Housing Starts: More in the Tank
Home builders have their foot on the gas, but given sky-high levels of builder optimism it feels like they're still leaving a good bit in the tank.
Zillow Market Pulse: November 16, 2020
Local governments are struggling to distribute CARES cash. Consumers are pulling back as coronavirus cases climb. And fewer mortgages are in forbearance.
Zillow Market Pulse: November 13, 2020
Consumers' housing sentiment is up, but sentiment towards the broader economy is slipping. Unemployment assistance for millions may soon expire.
Zillow Market Pulse: November 11, 2020
Lending standards tightened further in Q3, a rise in delinquencies & foreclosures may be misleading and the rent keeps getting paid -- for now.
Mortgage Rates Rise on Election Results, Vaccine News
Mortgage rates finished the week up somewhat, as investors reacted strongly to election results and encouraging news regarding a COVID-19 vaccine.
Zillow Market Pulse: November 9, 2020
Promising news on the covid vaccine front gave markets desperate for optimism a shot in the arm, even as cases surge and the economy lags.
Zillow Market Pulse: November 6, 2020
The October jobs report offered both encouraging and discouraging signs -- the job market continues to slowly improve, but many jobs may be permanently gone.