Housing Trends Report
Renters: Results from the Zillow Consumer Housing Trends Report 2022
The 2022 Consumer Housing Trends Report (CHTR) provides a snapshot of what housing consumers are thinking and doing in early-to-mid 2022. In this report, we take a deeper look at renters For the first time in recent years, CHTR includes both renters who have moved in the last year (the historical focus of the report), as well as tenured renters who have lived in their homes longer.
Renters of Color Pay Higher Security Deposits, More Application Fees
Renters of color typically submit more applications — and pay more in application fees — before they secure a place to live than white renters do. Renters of color also typically pay a higher security deposit when they move in
Renters: Results from the Zillow Consumer Housing Trends Report 2021
The 2021 Consumer Housing Trends Report (CHTR) provides a snapshot of what housing consumers are thinking and doing in mid-2021. In this report, we take a deeper look at renters.
Homeowners: Results from the Zillow Consumer Housing Trends Report 2021
The 2021 Consumer Housing Trends Report (CHTR) provides a snapshot of what housing consumers are thinking and doing in mid-2021. In this report, we take a deeper look at homeowners
LGBTQ+ Homeowners Stretch Smaller Homes to Fit Parents, Pets and Renters
LGBTQ+ homeowners are younger, more urban, and more likely to both live in smaller homes and share those homes with others than hetero/cisgender peers.
30-Minute Movers: How Home Shoppers Enable (or Eliminate) a Half-Hour Commute
Commute times and working remotely are top of mind for those making decisions about where to live and what home to buy or rent.
Where and Why the Upfront Costs of Renting Differ So Widely
When controlling for age, income, home type, urbanicity, and region, LGBTQ+ renters are more than 1.4 times as likely to pay an application fee. Renters of color are more than twice as likely.
Sacrifices People Make to Afford the Rent
The U.S. median rent now consumes 27.8% of the country’s median income – nearing the 30% tipping point above which rent is considered unaffordable and the 32% tipping point above which communities can expect a more rapid increase in homelessness. What that looks like at the individual renter level is sacrifice.
To Afford Homes, Buyers Work More and Give Up Entertainment and Vacations
Buying a home is expensive – often the single priciest transaction most of us ever undertake. So it should come as little surprise that a majority of home buyers report making some kind of financial sacrifice to afford their homes – with younger buyers, first-time buyers and/or parents more likely to give up something.
