Q3 2015 Negative Equity: Still Coming Down, Still Messing Things Up
The U.S. negative equity rate – the share of mortgaged homeowners that are underwater, owing more on their home than it is worth – fell to 13.4 percent in the third quarter, from 14.4 percent in Q2 and 16.9 percent a year ago. The national negative equity rate has fallen or stayed flat for 14 straight quarters after peaking in the first quarter of 2012 at 31.4 percent
Holiday Home Shopping: Finding the Housing Market That Matches Your Shopping Style
Gotta have the latest and greatest, no matter the cost? Glued to lightning deals? Zillow ranks the best markets for holiday home shopping based on your shopping style.
The 5 Markets Most Likely to Be Impacted by New 2016 Conforming Loan Limits
New 2016 conforming loan limits won't affect a majority of U.S. homes. But 61,000 homes, mostly clustered around 5 large markets, could be impacted.
November Home Sales Forecast: The Housing Recovery’s Extended Adolescence
Home sales have so far failed to launch in 2015. And according to our November home sales forecast, we don’t expect that to change during the last two months of the year. But the question remains: Will sales finally takeoff in 2016?
Key Takeaways From the October New Home Sales Report
October new home sales rebounded from a disappointing September, increasing 10.7 percent to 495,000 units at a seasonally adjusted annual rate (SAAR) – almost exactly in line with expectations. Still, the October surge was insufficient to overcome a generally lackluster year.
Rapid Reaction: October New Home Sales
October new home sales recorded a much larger than expected monthly gain in October, the third straight month new home sales and existing home sales moved in opposite directions.
Case-Shiller Forecast Calls for Similar Annual, Monthly Gains in October
The October Case-Shiller forecast predicts 0.4 percent MoM growth in the 10- and 20-City Indices (SA) and a 0.8 percent monthly gain in the national index.
September Case-Shiller: Home Price Growth Speeds Up
Today, the September S&P/Case-Shiller Home Price Indices showed that the10- and 20-City Composites rose 5 percent and 5.5 percent, respectively, on a year-over-year basis. The U.S. National Index rose 4.9 percent year-over-year.
Key Takeaways From the October Existing Home Sales Report
Seemingly every month for the past year, a strong jump in existing home sales has been followed by a strong decline, and then vice versa the next month.
Rapid Reaction: Oct. Existing Home Sales
Existing home sales have been on a bit of a rollercoaster ride the past few months: Down in August, up big in September and now down again in October.
