Freedom to Telecommute Could Add Almost 2 Million Potential Buyers to the Market
A switch to more telework could give 1.92 million U.S. renters the option to leave their current metro and buy a starter home in a cheaper locale.
Market Trends
Zillow Weekly Market Report, Data Through August 29
Home seller confidence is growing and the number of new homes on the market is recovering closer to levels seen last year.
Mortgage Rates Fall After FHFA Fee is Delayed to December 1
Mortgage rates fell after FHFA announces it will delay its new 0.5-percentage-point fee on some refinances, to December 1.
June Case-Shiller Results and July Forecast: Housing Continues to Withstand Pandemic
The S&P CoreLogic Case-Shiller U.S. National Home Price Index® rose 4.3% year-over-year in June (non-seasonally adjusted), down from 4.5% in May.
July 2020 Market Report and Zillow Weekly Market Report Through August 15
The typical home price rose to $253,527 this July, propelled upward by rock-bottom inventory tallies that continue to plumb new depths.
Mortgage Rates Rise to New Baseline After FHFA Announcement
Mortgage rates rose sharply over the last seven days as a result of the FHFA's announcement that will apply 0.5% fee to all mortgage refinance loans.
Zillow Weekly Market Report: Data Through August 8, 2020
Newly pending sales are up nearly 17% year over year and price growth is accelerating, strong buyer demand has been evident in both urban and suburban areas of the country during the coronavirus pandemic.
