Zillow Market Pulse: January 15, 2021
The Fed will keep aggressively supporting the economy, mortgage rates are up but their rise is slowing and COVID continues to batter the economy.
Mortgage Rates Continue to Drift Higher, but will the Trend Hold?
The path forward for mortgage rates will be dictated by our ability to contain and treat COVID-19, as well as improvement in the labor markets.
Despite New Aid, 3M+ U.S. Renters Facing COVID-19 Unemployment Bear Extreme Housing Cost Burdens
Even with additional assistance, renters reliant on unemployment insurance income face substantial rent burdens and are worse off now than in the spring.
Still-Employed Renters Realized Modest Gains in Affordability through Pandemic
Rents got modestly more affordable over the past few years for those renters that held on to their jobs throughout the ongoing pandemic.
Methodology: Nowcasting Rent Affordability During the Pandemic
Or new statistical models ‘nowcast’ rent affordability using modern statistical approaches, standard government data and Zillow’s big data capabilities.
Pandemic Year Brought Incredible Surge in ‘Million-Dollar Cities’
In 312 cities and towns nationwide, the typical home is worth a cool $1 million or more -- up 45 from a year ago and an increase of 104 from five years ago.
Zillow Market Pulse: January 8, 2021
The labor market suffered its worst setback since the early days of the pandemic, and construction spending is up along with mortgage rates.
Mortgage Rates Rise to Start 2021
Mortgage rates increased this week, jumping in response to Tuesday’s senate runoff elections in Georgia.
Mortgage Rates Set to End 2020 At Lowest Levels Ever
Mortgage rates look set to end 2020 at record-low levels that were unfathomable just a few years ago.
October Case-Shiller Results & November Forecast: Nothing Short of Remarkable
In many places, home prices are growing (by some measures) at their fastest pace in decades.
