Home Values Are Growing the Most in Suburbs, but Demand May Be Shifting Back Toward City Centers
The typical suburban home gained more value over the past year than the typical urban home. That is a reversal from previous norms and from the first 15 months of the pandemic.
Domino Effect: Gender Pay Gap Has Implications for Women Home Buyers
Nationally, women could afford 18% more of the housing market if they made as much money as men. The disparities are most profound for women working in job categories such as the financial industry, education and health services, and “other services,” which include fields such as advocacy and pet care.
Leap Years: How the Housing Market Soared During the Pandemic (February 2022 Market Report)
Inventory is down by almost half from two years ago, helping push housing costs up throughout the transformative, two-year pandemic era.
How Mortgage Applications for Vacation Homes Spiked Early in the Pandemic
Mortgage applications for vacation homes rose almost 30% from 2019 to 2020 as many home buyers likely sought to take advantage of flexible working arrangements in the early phases of the pandemic, according to a Zillow analysis of 2020 data from the Home Mortgage Disclosure Act (HMDA).
Conforming Loan Limits Jump by Record Amount To Keep up with Rapid Home Price Appreciation
The conforming loan limit rose to $647,200 in most counties for 2022, up 18% (almost $100,000) from 2021.
Black Mortgage Applicants Denied 84% More Often than White Borrowers
Black applicants are denied a mortgage at a rate 84% higher than white applicants, an increase of 10 percentage points since 2019.
South Lake Tahoe was Zillow’s Most Popular Place in 2021
South Lake Tahoe is Zillow’s most popular city of 2021, leading a West Coast near sweep of the most in-demand places of the year.
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.
Housing Market Easing From White Hot to Merely Red Hot (August 2021 Market Report)
Rapid housing cost growth cooled a bit in August, paving the way for a still-strong but potentially more manageable housing market to come.
Rent Prices Soar Beyond Pre-Pandemic Projections (July 2021 Market Report)
Typical U.S. rent has pushed beyond where they are projected to have been if pre-pandemic trends had held.
