The Price of Overpricing: How Listing Price Impacts Time on Market
Sellers know that overpricing your home can lead to a drawn-out sale – likely with price cuts – while pricing at or below market value will lead to a speedier sale. But how severe is the penalty of an inflated price, and how strong is the speed boost of a lower one?
April Market Report: Home Values Continue Their Feverish Climb Amid Tight Inventory
After having slowed their growth a bit in 2015, median home values are once again climbing at a faster than normal pace. In fact, home values are appreciating faster than many experts had expected, rising almost 5 percent over the past year, according to the April Zillow Real Estate Market Reports to a Zillow Home Value Index of $187,000.
Listing Language: From the Bottom of the Bubble to Now
The U.S. real estate market has changed a lot in the past five years. So have the kinds of terms used in real estate listing descriptions.
Listing Language: The Relative Popularity of Different Rental Listing Descriptors By State
Find the most popular rental characteristics and descriptors in each state according to our analysis of 1.6 million Zillow rental listings descriptions in 2015.
Boston Strong: What’s Driving Wage and Job Growth in the Nation’s Original Tech Hub
It may be hard to remember, but 30 years ago, America’s technology heartland wasn’t the San Francisco Bay area – it was around Boston Harbor. And decades after the nation’s tech consciousness shifted west, the technology sector still plays a vital role in Eastern Massachusetts.
The Price of Prestige: Tech Employees’ Living Costs in Silicon Valley & Seattle
Even the famously generous tech salaries in Silicon Valley are not enough to compensate for California’s expensive housing and high tax burdens, particularly relative to tech employees working in less expensive and lower-tax states like Washington.
Faced with rapidly appreciating home values and a dwindling supply of homes for sale in the critical entry-level and mid-market home segments, first-time and move-up home buyers – typically the housing market’s bread-and-butter – are likely in store for a tough spring home shopping season.
Listing Language: The Relative Popularity of Different Home Listing Phrases By State
Think you know in which state you’re most likely to find references to boat landings in home listing descriptions, relative to the rest of the nation? What about snow mobiles, impact windows or dive-in pools?
The Techie Codeth, Then the Taxman Taketh
Tech workers nationwide that own a home pay more in annual property taxes than non-tech workers.
Negative Equity Bubbling Up Alongside Crude in U.S. Oil Hubs
The effects of a slowing energy industry first showed up early last year in local rental markets, particularly in Texas. They are now starting to bubble up in purchase markets, too, as home values fall and negative equity rises in parts of the country heavily dependent on the energy and oil industries.
