Market Trends
Rising Mortgage Payments Eclipse Home Value Gains
The typical mortgage payment in August was up 15.4 percent, or $118 a month, from a year earlier, even though home values gained just 6.5 percent in that same period.
Love It or Leave It? Americans Prefer Renovations
Given a choice between spending a fixed amount on a down payment for a new home or fixing up their current home, 76 percent of Americans will choose renovation.
Strong Employment Data and Economic Sentiment Thrust Rates to Seven-Year Highs
Propelled by positive employment and payroll data, along with the underlying strength of the U.S. economy, mortgage rates skyrocketed this week to their highest levels in more than seven years.
The Housing Bust Widened the Wealth Gap. Here’s How.
The wealth gap between the rich and poor worsened throughout the housing bust, as millions lost the roof over their heads and the wealth that came with it.
Rates Down Slightly But Primed For Return to Multi-Year Highs
Mortgage rates trended slightly lower this week but are primed to return to multi-year highs following a late rally on encouraging jobs data.
Notable Numbers From September 2018
Which markets would benefit from the capital gains tax exemption? Where do low-income renters pay more than 100 percent of their incomes for the most affordable rentals? When did renters stop accounting for all new households in the United States?
16 Favorite Facts From the Zillow Group Report on Consumer Housing Trends Report 2018
Just over half of buyers put down less than 20 percent on their purchase, 41 percent of sellers have at least one offer fall through, people of color are more likely to experience rent increases than white renters -- and other findings in the new report.
Mortgage Rates Remain at Five-Year Highs Following Fed Announcement
After successive weeks of rising rates, borrowers were offered a slight reprieve this week as markets anticipated a Federal Reserve announcement following its policy meeting on Wednesday. Mortgage rates held at five-year highs, and the meeting offered few surprises.
August New Home Sales: Rapid Reaction
August new home sales rose 3.5 percent from July, to 629,000 sales (SAAR), and were up 12.7 percent from a year ago, according to the U.S. Census Bureau. Still, August was the second-lowest sales month since Oct. 2017.
