Zillow Weekly Market Report, Data Through Sept. 26
Inventory continues to fall and prices are growing incredibly fast, but slowing sales volume may indicate a looming slowdown.
Market Trends
Homeowners Could Save Thousands by Refinancing at Today’s Ultra-Low Mortgage Rates
Some homeowners could save almost $30,000 over the course of a 30-year loan by refinancing at today’s historically low mortgage rates.
Low inventory pushes home values to highest monthly increase since 2013 and low demand pushes rents lower in August monthly housing data.
August New Home Sales: A True Bright Spot
This summer’s remarkably strong home sales market, particularly new home sales, has been one of the true bright spots in the broader economy.
Housing is Widely Exceeding Early Expectations, but Job Market Remains a Big Concern
Expert predictions for near-term home price growth improved markedly in the summer as the housing market powered through early pandemic challenges.
Mortgage Rates Flat Despite Busy News Week
Mortgage rates were flat over the last seven days, despite a healthy dose of news, economic data and central bank statements that prompted a whirlwind week in stock markets.
August 2020 Market Report and Zillow Weekly Market Report Through September 12
Low inventory pushes home values to highest monthly increase since 2013 and low demand pushes rents lower in August monthly housing data.
Mortgage Rates Increase Ahead of FHFA Price Adjustment
Mortgage rates increased over the last seven days, their movements once again dictated by developments on the FHFA’s price adjustment on mortgage refinances.
A Dozen Mid-Sized Markets to Watch in 2020
As summer turns to fall in a year that has been anything but normal, the nation’s most in-demand housing markets are not the usual suspects.
