Zillow Market Pulse: October 16, 2020
Retail sales were unexpectedly bright in September, but reports on the labor market and industrial sector painted a darker picture of the economy's health.
September 2020 Market Report & Weekly Market Data (Through Oct. 10)
Home values continued to grow at a breakneck pace in September, but sales growth has likely peaked. Rents are falling in many areas.
Homes Are Selling Incredibly Fast, Regardless of Price — Defying Seasonal Norms
Homes nationwide and across all price ranges sold, in many cases, just days after hitting the market in September -- defying seasonal norms.
Mortgage Rates Stay Flat Even With Movement in Bond Market
Despite fluctuating Treasury yields, mortgage rates stay flat. Demand for mortgages is still very strong and many lenders appear to be keeping rates higher, in order to moderate the inflow of borrower requests and account for perceived risk.
Zillow Market Pulse: October 14, 2020
Mortgage application activity remains strong, but is starting to fade somewhat. And most consumer stimulus money from earlier this year was saved, not spent.
Interest in Vacation Areas Picking Up As Pandemic Persists
Growth in page views to local listings, homes saved on Zillow and pending sales volume in vacation-home areas are all outpacing national rates.
Zillow Market Pulse: October 12, 2020
Home buyers and business owners both are finding loans harder to get. And temporary -- but not permanent -- moves spiked in the early days of the pandemic.
Latinx Americans are Driving U.S. Homeownership Gains, But Wide Gaps Remain
Latinx homeownership has made huge strides over the past decade. But this community remains underrepresented among homeowners, and faces unique challenges.
Zillow Market Pulse: October 9, 2020
Consumer housing sentiment improved, but sellers are now more bullish than buyers. Forbearance participation is down, as is (unexpectedly) credit card debt.
Zillow Weekly Market Report, Data Through Oct. 3
The frenetic pace of newly pending sales seems to finally be subsiding as the weather turns, but a dire lack of inventory is keeping sellers in control.
