Demand in Vacation Areas Unrelenting amid Pandemic-Driven Work Flexibility
Search traffic on Zillow and home price appreciation in vacation areas are both largely outpacing the U.S. overall.
Demand in Vacation Areas Unrelenting amid Pandemic-Driven Work Flexibility
Search traffic on Zillow and home price appreciation in vacation areas are both largely outpacing the U.S. overall.
In the 38 largest iBuyer markets, homeowners sold 21,523 homes in Q4 using one of the three largest iBuying services including Zillow.
Mortgage Rates Flat As Strong Economic Data Offset by Ukraine Uncertainty
Mortgage rates were fairly flat last week. There were no signs of changes in labor markets, as employment figures remain strong.
December Case-Shiller Results & Forecast: Reaccelerating
After cooling from record highs reached in the Fall, home price appreciation began to reaccelerate to end the year.
Mortgage Rates Rise on Increasing Consumer Prices
Consumer price data showed prices increasing at the highest rate since early 1982 push mortgage rates up to over 4%.
Zillow January 2022-January 2023 Home Value & Sale Forecast
Zillow expects annual home value growth to continue to accelerate through the spring, peaking at 21.6% in May before gradually slowing.
Mortgage Rates Continue Rise, Up Half a Percent This Year
Mortgage rates continued to rise last week, and are up more than half a percent so far this year.
Mortgage Rates Increase as Fed Expected to Address Inflation
Rates spiked in the middle of last week after the Federal Reserve communicated a willingness to take aggressive measures to address inflation.
Mortgage Rates Down, Markets Wait on FOMC Meeting
Last week was light on economic data and markets awaited the Federal Reserve Federal Open Market Committee (FOMC) meeting results today.
November Case-Shiller Results & Forecast: Gliding Back to Earth
The S&P CoreLogic Case-Shiller U.S. National Home Price Index® rose 18.8% year-over-year in November (non-seasonally adjusted), down from 19.0% in October.
