An Inventory Quandary: Three Theories for Why People Are Moving Less
The shift from single-family homes being owned to being rented has likely been an important contributing factor to low turnover. As rental homes, these properties are put up for sale less frequently – creating more options for renters and fewer for buyers.
Southern Comfort: First-Time Home Buyers Will Find More Favorable Conditions in the South
First-time home buyers looking for friendly market conditions would do well to avoid the busy, headline-making markets in the West and the Northeast, and focus their search instead on homes in slower-moving, more sedate Southern and Midwestern metros.
What’s the Best Time of Year for Home Buyers?
The start of the busy home shopping season in early spring is a time of optimism for would-be home buyers – more new listings come on the market in spring than any other time of year. Come late spring, however, that optimism may turn into desperation as fear of missing out on the season’s newly listed homes leads many to pay more for a home than they otherwise may have.
A Picture’s Worth: Are Home Buyers From China Competing With Americans?
Almost a third of Chinese home shoppers focus on six expensive coastal markets -- and they're overwhelmingly interested in higher-priced homes than U.S. home shoppers.
Are Home Buyers From China Competing With Americans?
Almost a third of Chinese home shoppers focus on six expensive coastal markets -- and they're overwhelmingly interested in higher-priced homes than U.S. home shoppers.
How Rising Rates Affect Mortgage Affordability
If rates rise to 5 percent and homes continue to grow in value as expected, the share of income spent on a typical U.S. mortgage will jump to 17.9 percent. At 6 percent interest, the share becomes 20 percent. And at 7 percent interest, it becomes 22.2 percent.
Without Spending More, Some Renters Could Likely Afford to Buy Above-Average Homes
With rents continuing to climb and mortgage rates staying low, many renters find themselves gazing over the homeownership fence and wondering if the grass really is greener.
Recent Uptick in U.S. Homeownership Stalls in Q1 2017
After two consecutive quarterly gains, the recent upward swing of the U.S. homeownership rate stalled at the start of 2017.
Softwood Lumber Tariff Could Lift New Home Premiums by $2,000
An announced 20 percent tariff on Canadian lumber imports could cost buyers of new homes thousands of dollars in added materials costs, according to a Zillow analysis of lumber and home prices over time.
After Georgia’s Strict 2011 Immigration Law, New Home Premiums Surged
After Georgia enacted a law to crack down on illegal immigration and unauthorized immigrants, the new-home premium jumped sharply there while remaining flat in the rest of the country.
