In Coronavirus’ Wake, Listings of Expensive Homes Fell Farther & Faster than More-Affordable Homes
New listings are down overall. But new listings of the most expensive homes are down 46%, while the least expensive home listings are down only 32%.
In Coronavirus’ Wake, Listings of Expensive Homes Fell Farther & Faster than More-Affordable Homes
New listings are down overall. But new listings of the most expensive homes are down 46%, while the least expensive home listings are down only 32%.
Zillow Market Pulse: May 7, 2020
Another 3.2 million Americans filed for unemployment last week, consumer sentiment around housing is falling and mortgage credit is tight.
Mortgage Rates Remain Near All-Time Lows, but Only for Select Borrowers
Mortgage rates remain near all-time lows, but the lowest rates are only available for well-qualified individuals seeking the most basic loans.
Zillow Market Pulse: May 6, 2020
Purchase mortgage activity points to signs of life in the housing market, but early April employment data offer a grim preview of official data to come.
Zillow Market Pulse: May 5, 2020
Activity in the service sector has never been so low, consumers aren't coming back in reopened states and a wave of bankruptcies may be coming.
Zillow Market Pulse: May 4, 2020
Almost half of U.S. small businesses say they won't survive a three-month lockdown, and California turns to Uncle Sam for help paying unemployment bills.
Zillow Forecasts a Dip in Home Prices, Rebounding By Next Year
Transactions will fall up to 60% in the wake of the coronavirus outbreak, rebounding by the end of 2021, according to the most likely scenarios.
Zillow Market Pulse: May 1, 2020
Consumer spending recorded the largest one-month decline in history, and doubts are emerging about the durability of April's stock market bounce.
Zillow Market Pulse: April 30, 2020
Consumer spending recorded the largest one-month decline in history, and doubts are emerging about the durability of April's stock market bounce.
Zillow Market Pulse: April 29, 2020
The U.S. economy shrank in the first quarter, and steeper declines are coming. Pending home sales data were weak, but mortgage applications offer some hope.