September Existing Home Sales: Back Down to Earth
There simply are not enough lower-priced homes to keep the market humming. While builders are putting up more homes, their pace is not keeping up with what buyers demand.
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.
Quiz: What $1 Million Gets You, and Where
You can do this the easy way -- by first reading our analysis of what $1 million homes look like in cities around the country -- or you can wing it. Either way, there are surprises!
September Housing Starts: Headwinds Still Blowing
On the heels of an exceptionally and unexpectedly strong August, these steep September retreats in housing starts and permits are a reminder that builders still face considerable headwinds.
For-sale inventory continued to fall in September after a mild recovery earlier this year, hitting their lowest levels since Zillow began tracking the data.
Rates Rise on Tentative Trade Optimism
It’s a pivotal moment for two major geopolitical stories, so it’s likely that more volatility for mortgage rates is on the horizon.
What $1 Million Gets You, and Where
Say you have a big chunk of change for a dream home -- $1 million. That's the price tag on a veritable mansion in some cities, while in other areas you would have to dream much smaller. Here’s what that million dollars will get you in cities across the U.S.
Weak Data, Trade Optimism Hold Rates Steady
Mortgage rates held steady over the past seven days as disappointing economic data releases were mostly offset by modest optimism surrounding trade.
The Housing Reasons Why Latinxs Have Less Wealth Than Whites
Latinxs are becoming homeowners at a higher rate than the overall U.S. population, beginning to close a gap with the white homeownership rate that has tripled since the start of last century. Despite recent gains, the homeownership gap -- currently sitting at 24.7 percentage points -- will take decades to close.
