Quiz: 8 Markets and the Home Styles They Love
You don't have to live on the coast to favor Cape Cods -- and people all over the country dig their Queen Annes. Test your knowledge of home style tastes in eight major metros.
Quiz: 8 Markets and the Home Styles They Love
You don't have to live on the coast to favor Cape Cods -- and people all over the country dig their Queen Annes. Test your knowledge of home style tastes in eight major metros.
Government Shutdown Would Delay Processing of Thousands of Mortgages Per Day
Approximately 3,500 federally backed mortgage loans per business day could be delayed because of the federal government shutdown.
For a Quarter More: Why 1 in 4 U.S. Home Sales in 2017 Sold Above List Price
Roughly a quarter of U.S. home sellers got more from their home than they asked for last year – in some cases, much, much more. Nationwide, buyers paid more than the asking price on 24.1 percent of home sales in 2017, netting sellers an additional $7,000 on average over their initial offering price.
TPS-Protected Salvadoran Homeowners Paid Approx. $100M in Property Taxes Last Year
Salvadoran homeowners previously granted Temporary Protective Status (TPS) as immigrants likely paid at least roughly $100 million in property taxes nationwide last year, with more than half the total coming from taxes paid in California and Texas.
Zillow’s Prediction of 2017 Homeless Numbers in Line With Actual Counts
Predictions of the 2017 point-in-time counts in 17 out of 25 metro areas were within the 99 percent predicted interval.
Total Value of All U.S. Homes: $31.8 Trillion. How Big Is That?
It's more than 1.5 times the Gross Domestic Product of the United States and approaching three times that of China. Total U.S. home values have grown $1.95 trillion over the past year -- more than all of Canada's GDP or two companies the size of Apple.
Americans Split on Fairness of Local Property Tax Rates
Currently, Americans overall are almost evenly split on the fairness of the property tax rate in their community. Looking ahead, it’s unclear how these attitudes may shift as federal tax changes set to take effect in 2018 potentially lead more to fully feel the pinch of local property tax bills.
Housing Data 101: Why Use the Zillow Home Value Index (ZHVI) Instead of a Median Sale Price Series
We recommend using ZHVI to track home values over time for the simple reason that ZHVI represents the whole housing stock and not just the homes that list or sell in a given month.
For people who don't like their market too hot or too cold, these “sweet spots” have strong job and income growth but relatively affordable rents.
Low Inventory, Sluggish Building Defined Housing in 2017; Expect 2018 to Look Similar
Persistently low inventory of homes for sale, and low levels of single-family home building activity in particular, proved the most surprising housing trends to a majority of experts in 2017 – and they say neither is particularly likely to reverse course in 2018, nor is homeownership expected to rise much.
