Prairie Village, KS was Zillow’s Most Popular City in 2022
Kansas’ Prairie Village is Zillow’s most popular city of 2022, representing rising interest in the Midwest and heading a dramatic reversal from 2021’s West Coast-centric leaders.
Market Trends
Zillow Home Value and Sales Forecast: December 2022
Zillow forecasts that home value appreciation will continue to ease down over the coming months. The national Zillow Home Value Index, which rose 10.4% in the 12 months ending in November, is expected to fall 1.1% over the next 12 months.
10 Best Metros For First Time Home Buyers in 2023
After the pandemic fueled bidding wars, the number of shoppers in the housing market has fallen. And although housing affordability is extremely challenging these days, some markets fare better than others for first time home buyers.
Mortgage Rates Fall Slightly on Evidence of Waning Inflation
Mortgage rates fell slightly this week, as more evidence of waning inflation helped push rates back to their lowest levels in months.
Mortgage Rates Fall Sharply on Cooling Inflation
Mortgage rates fell sharply this week, retreating to their lowest level since September, and appear poised to fall further ahead of next week’s key update on inflation.
Mortgage Rates Flat, Appear Ready to Fall
Mortgage rates fell sharply this week after a blockbuster report on inflation showed that price pressures may finally be easing.
Zillow Home Value and Sales Forecast: November 2022
Zillow’s forecast for existing home sales in 2022 was revised down slightly as leading indicators point to continued slowing in the housing market in the near term.
October Existing Home Sales: Affordability Woes See Largest Drop in Sales in 15 Years
Existing home sales slipped in October, continuing the trend with every month in 2022 seeing a drop in sales, seeing the largest year over year decrease in existing home sales since 2007.
