Market Trends
February 2023 Existing Home Sales: Sales Snap a 12-month Long Decline as Buyers Return
Low inventory remains a major constraint for home shoppers this spring.
10 States With The Most Valuable Housing Markets
California remains the clear leader, and Florida surpassed New York as the state with the second most valuable real estate market in the country.
The U.S. Has Lost 58 ‘Million-Dollar’ Cities Since the Housing Market Peaked Last July
The rebalancing of the housing market has been felt the most in areas where affordability is stretched
Expert panel expects home prices will grow at a steady pace starting in 2024
Economists surveyed by Zillow predict home-price slide will end this year
The backlog of new construction homes continues to emerge into the market just in time for the spring shopping season.
Black Owned Home Values Appreciated the Fastest During the Pandemic
Black Americans’ housing wealth has made strides, but remains well below that of the typical U.S. household
Mortgage rates continued to rise as investors weigh inflation risk and future rate hikes
Mortgage rates increased for the third straight week, eroding much of the progress made on the housing affordability front over the past few months.
January 2023 Existing Home Sales: A Full Year of Slowing Sales
January brought another month of dismal home sales - now declining for twelve straight months and at the lowest level since 2010.