Suburban Homes Still Feel Recession’s Pinch
Per-square-foot values for both urban and rural homes ($231 and $102 per square foot, respectively) have exceeded their pre-recession highs and are currently at new peaks, but the current value for suburban homes stands below its prior peak of $140, last reached in October 2006.
Homeowners Drive Household Formation, Push Up Ownership Rate
Young adults under age 35 drove the increase in homeownership, which is up 1.3 percentage points from its trough in Q2 2016 and in line with rates observed during the late 1980s and early 1990s prior to the housing bubble.
Economy’s Strength, Future Deficit Prospects Drive Mortgage Rates To Highest Level in a Year
For the second week in a row, the average prime 30-year fixed mortgage rate quoted on Zillow increased about 10 basis points over the past week, rising to 4.06 percent.
November Case-Shiller Results and December Forecast: Unseasonably Strong Demand
Demand from home buyers was unseasonably strong in the final months of 2017 – even in the face of full holiday schedules, low inventory, high competition and rising home prices – helping to push headline Case-Shiller indices somewhat higher than expected in November.
Rapid Reaction: Q4 2017 Homeownership Rate
After bouncing around near 50-year lows for the past few years, the national homeownership rate finally seems to be gaining sustainable, meaningful upward momentum.
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.
December New Home Sales: Year Ends With a Decline, But Inventory Looking Up
New home sales fell sharply in December, and sales for the previous two months were revised sharply downward as well. The silver lining was that the number of new homes on the market experienced their largest month-over-month gain since April 2006.
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.
Rapid Reaction: December New Home Sales
Today's numbers are not the way we would have liked to see 2017 end for the new home sales market, but nevertheless the year overall showed meaningful progress.
Mortgage Rates Moving Up as Fed Confirms New Chair, Markets Watch GDP and NAFTA
Rates have increased decisively in two of the past three weeks and the momentum is clearly upward.
