How the Latinx-White Wealth Gap has Shrunk — and Why There’s Still So Much Farther to Go
The typical Latinx household currently has less than half (43.7%) of the wealth of a typical non-Hispanic white household, up from 28.4% in 2016.
Market Trends
iBuyers Are Helping People Move in Record Numbers
iBuyers were part of 1% of all U.S. home transactions in Q2, with homeowners using an iBuying service to sell more than 15,000 homes.
Buyers: Results from the Zillow Consumer Housing Trends Report 2021
The 2021 Consumer Housing Trends Report (CHTR) provides a snapshot of what housing consumers are thinking and doing in mid-2021. In this report, we take a deeper look at buyers (household decision makers that own their primary residence and moved to a home they purchased in the past year); In other reports, we examine homeowners, renters, and sellers more closely.
Mortgage Rates Fall After Federal Reserve Calms Concerns
Mortgage rates fell slightly over the last seven days as comments from the Federal Reserve calmed concerns that the central bank would be tightening monetary policy.
June 2021 Case-Shiller Results & Forecast: Hot Growth Summer
The slow rise in inventory that marked the beginning of summer wasn't enough to cool the sizzling market, with the already rapidly rising Case-Shiller indices hitting the gas accelerating into the middle of the year instead of tapping the brakes.
Mortgage Rates Rise on Potential Monetary Policy Shifts
Mortgage rates rose over the last seven days as markets geared up for potential announcements from the Federal Reserve later this week.
July New Home Sales: Build it and They will Come
New home sales crept up in July from June, the first monthly since March and proof that demand for new homes can overcome supply-side difficulties.
July Existing Home Sales: Signs of Balance
July existing home sales were up 2% from June and 1.5% from July 2020, to 5.99 million units (SAAR), according to the National Association of Realtors.
Rent Prices Soar Beyond Pre-Pandemic Projections (July 2021 Market Report)
Typical U.S. rent has pushed beyond where they are projected to have been if pre-pandemic trends had held.
Mortgage Rates Stay Flat as Investors Wait on Fed
Mortgage rates were flat this week as investors stood pat, waiting for more signs dictating the economy’s path forward and potential key decisions made by the Federal Reserve.
