Homes ‘Earn’ at Least Minimum Wage in Almost Half the Largest U.S. Cities
The rapid pace of home value appreciation over the past year may present homeowners in several large U.S. markets with an interesting dilemma: Why work a 9-to-5 slog, when you can sit back and collect substantial hourly home equity “earnings” instead?
Notable Housing Numbers From March 2018
What's the median home value in Tampa, the best market for first-time homebuyers? What share of her income does a homeowner pay for a typical home in Oklahoma City, the most affordable market in the country? How much does the average homeowner spend on closing and other "hidden" costs of selling a home? We have the answers!
Home Values and Rents by Congressional District
Housing costs, both home values and rents, rose nationwide and in a majority of Congressional districts in 2017. Median home values rose last year in 421 of 426 (99 percent) total Congressional districts analyzed by Zillow; rents were up in 295 of 434 (68 percent) total districts analyzed. Use our tool to discover housing costs in your Congressional district.
In Wake of California Drought, Listings Touting Water-Efficiency Evaporate
A relative flood of home listings advertising water-conservation features in the Golden State during the worst of the California drought appears to have dried up somewhat with the rains’ return.
Most Affordable Markets for Homebuyers
Markets that seem affordable, because their median home price is lower than other areas, may actually be unaffordable for people who live there. Oklahoma City, Pittsburgh and Indianapolis top the list of metros that pass a more realistic test.
In Contest for Amazon HQ2, Experts Bet on Atlanta and D.C. Suburbs
Atlanta and Northern Virginia are the most likely landing spots for Amazon’s coveted second headquarters location, according to a recent Zillow survey of economists and real estate experts. Los Angeles was deemed least likely to win the heated competition for Amazon HQ2.
Notable Numbers From February 2018
February saw some surprising housing figures: How long it takes singles to save down payments. How quickly affordable homes are gaining value. How much the typical home in San Jose, Calif., is worth. Take a peek.
What If the Housing Bust Didn’t Happen?
If the recession and housing bust had never happened, the median U.S. home would have been worth about $214,500 as of the end of 2017 -- $8,200 more than the actual value of $206,300.
Owners of the Most Affordable Homes Gaining Wealth Fastest
Owners of the country’s most affordable homes are gaining equity the fastest, because demand for entry-level homes continues to grow faster than supply.
What We Learned About Housing Over the Past Year
It's been a dynamic year for housing, with affordability continuing to squeeze renters in particular -- and policy changes in Washington, D.C., raising questions about implications for homeowners. Zillow Research explored those and other issues -- from climate change to foreign buyers to home-buying tips. Here's a roundup.
