Key Takeaways From the February New Home Sales Report
February new home sales rose in line with expectations, inching up a modest 2 percent from January to 512,000 units at a seasonally adjusted annual rate (SAAR), according to the U.S. Census Bureau.
Key Takeaways From the February Existing Home Sales Report
February existing home sales fell 7.1 percent from January, to 5.08 million units at a seasonally-adjusted annual rate (SAAR) in February, according to the National Association of Realtors.
Rapid Reaction: February Existing Home Sales
Poor weather in January led to weak pending sales last month, which translated into weaker-than-expected February existing home sales. Additionally, continued tight inventory continued to weigh on the market last month.
Young and Old, America’s Wealthy Are Concentrated in America’s Capital
The nation’s highest concentration of young and wealthy residents can be found in fabulous… Arlington, Virginia.
The latest Zillow Reading list features commentary on the social costs of eviction, the unintended consequences of land-use regulation, pitfalls of seller financing and more.
Q4 2015 Negative Equity: When Abnormal Is the New Normal
It’s no secret that high levels of negative equity cause housing markets to act abnormally. But that doesn’t mean that some amount of negative equity isn’t normal, or that persistently elevated rates of negative equity aren’t rapidly becoming the new normal in dozens of markets nationwide.
Hunger Games: Builders Keep Serving Up More Apartments, Renters Keep Scarfing Them Down
Renters currently have an insatiable appetite for newly constructed units, quickly gobbling up record numbers of recently opened new apartments.
The Best Time to List? May Is the New March
The best time to list a home for sale -- when the sale price is maximized and time on market minimized -- has shifted from March to May.
The Evolving American Household: Growth in Multigenerational Living
A growing share of American households have three or more generations of the same family living under the same roof.
February Home Sales Forecast: Slow Start to 2016
Unexpectedly weak pending home sales in January, combined with two consecutive months of contracting housing starts, point to a slow start to 2016 for home sales according the Zillow’s February home sales forecast.
