A Picture’s Worth: Are Home Buyers From China Competing With Americans?
Almost a third of Chinese home shoppers focus on six expensive coastal markets -- and they're overwhelmingly interested in higher-priced homes than U.S. home shoppers.
Retail Jobs, Under Fire, Play an Important Role in Paying the Rent
American retail workers have had a rough start to 2017, with department stores and general retail shops shedding tens of thousands of jobs in Q1. And continued losses could imperil hundreds of thousands of households that depend on the income from a retail worker to pay the rent or mortgage each month.
Are Home Buyers From China Competing With Americans?
Almost a third of Chinese home shoppers focus on six expensive coastal markets -- and they're overwhelmingly interested in higher-priced homes than U.S. home shoppers.
How Rising Rates Affect Mortgage Affordability
If rates rise to 5 percent and homes continue to grow in value as expected, the share of income spent on a typical U.S. mortgage will jump to 17.9 percent. At 6 percent interest, the share becomes 20 percent. And at 7 percent interest, it becomes 22.2 percent.
Without Spending More, Some Renters Could Likely Afford to Buy Above-Average Homes
With rents continuing to climb and mortgage rates staying low, many renters find themselves gazing over the homeownership fence and wondering if the grass really is greener.
Recent Uptick in U.S. Homeownership Stalls in Q1 2017
After two consecutive quarterly gains, the recent upward swing of the U.S. homeownership rate stalled at the start of 2017.
Rapid Reaction: Q1 2017 Homeownership Rate
The Q1 2017 homeownership rate ticked down to 63.6 percent from 63.7 percent at the end of 2016, a statistically insignificant dip largely driven by a small drop in the number of owner households and small increases in the number of renter households.
Softwood Lumber Tariff Could Lift New Home Premiums by $2,000
An announced 20 percent tariff on Canadian lumber imports could cost buyers of new homes thousands of dollars in added materials costs, according to a Zillow analysis of lumber and home prices over time.
March Case-Shiller Forecast: The Home Price Party Rages On
The national Case-Shiller index is projected to climb 5.9 percent year-over-year in March, following a 5.8 percent gain in February.
February Case-Shiller Results: My, What Big Home Prices You Have
Home prices continued their upward climb in February, as expected, with the national Case-Shiller home price index reaching a four consecutive all-time high.
