Zillow Market Pulse: December 4, 2020
The November jobs report underwhelmed, leaving markets optimistic that further fiscal support may finally be forthcoming.
News
Bought Before They’re Built: Why a Surge in Advance New Home Purchases Bodes Well for the Market
Advanced new home purchases create a firm backlog of future construction activity and consumer spending, and may point to more inventory to come.
Mortgage Rates Tick Down Ahead of Thanksgiving
Mortgage rates fell significantly as initial vaccine optimism was replaced by the sobering current reality of rising case loads and distribution challenges.
October New Home Sales: A Million Things to Feel Good About
New home sales crossed 1 million in August and September and only just fell short in October -- the strongest three-month stretch since mid-2006.
September Case-Shiller Results & October Forecast: Taking Off in Earnest
Intense buyer competition has been driving home prices up for months, but prices as measured by Case-Shiller have just recently began to take off.
October 2020 Market Report & Weekly Market Data (Through Nov. 14)
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 Market Pulse: November 20, 2020
Underestimate the enduring strength of the home sales market at your own peril. Mortgage rates hit new lows, and unemployment is flashing warning signals.
Zillow Market Pulse: November 18, 2020
Home construction activity in October was good, not great. Household debt is up, and consumer spending is slowing way down.
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.
Zillow Market Pulse: November 16, 2020
Local governments are struggling to distribute CARES cash. Consumers are pulling back as coronavirus cases climb. And fewer mortgages are in forbearance.
