Working From Home Could More Widely Benefit Black Renters Seeking Homeownership
Black renters are 29% more likely than other renters to potentially be able to move and buy a first home because of the rise in telework.
Market Trends
October Existing Home Sales: Blowing Past Expectations. Again.
Every time we think that this year's existing home sales wave may have finally crested, another month of data comes in that blows past expectations.
Mortgage Rates Fall as Vaccine Euphoria is Replaced by Sobering Realities
Mortgage rates fell significantly as initial vaccine optimism was replaced by the sobering current reality of rising case loads and distribution challenges.
October Housing Starts: More in the Tank
Home builders have their foot on the gas, but given sky-high levels of builder optimism it feels like they're still leaving a good bit in the tank.
Intense Competition Pushes Share of Homes Selling Above List to Record High
A greater share of homes sold above their list price in September (22.4%) than in any month since at least January 2018.
Zillow Weekly Market Report, Data Through Oct. 31
Homes continue to sell in record time, closed sales of existing homes are at their highest level since 2006 and prices continue to rise quickly.
Zillow Weekly Market Report, Data Through Oct. 24
Inventory keeps hitting new lows, and prices keep getting higher. Pending sales are slowing after a hot few months.
Record Low Mortgage Rates Boost Affordability, But Mask Down Payment Difficulties
Ultra-low mortgage interest rates are keeping monthly payments remarkably affordable, but don't ease the burden of saving for a down payment as prices rise.
Mortgage Rates Fall As Covid-19 Cases Rise
Mortgage rates fell this week as coronavirus cases rose and hope for more fiscal relief dwindled sapping rising optimism among investors.
Financial Anxiety, Ongoing Uncertainty Keeping Sellers on the Sideline
Among homeowners considering selling in the next 3 years, life uncertainty and financial anxiety are some of the main reasons holding them back.
