Notable Numbers From November 2018
Check out the most eye-popping numbers from Zillow's November research, including how the "Amazon effect" could affect New York, how student debt affects home buyers' choices, and the number of homes expected to be inundated if greenhouse gas emissions climb unchecked.
5.8%
That’s where 30-year fixed mortgage rates are headed in 2019, based on our 2019 predictions. And guess what that will mean for affordability?
386,000
Number of existing homes in U.S. coastal areas likely to be at risk of permanent inundation or chronic flooding by 2050 if greenhouse gas emissions climb unchecked.
2.5 million
That same estimate for the year 2100. And if emissions are cut roughly in line with the Paris agreement on climate? About 348,000 homes by 2050 and 1.3 million homes by 2100.
$11,500
How much lower the median home value is in areas where women with newborns move to, compared to where they move from. That finding comes from a follow-up to our initial research that found birth rates dropped the most in counties where home values grew the most.
52.3%
Share of homes for sale that a family earning the median household income and carrying student debt could afford. Without student debt, that same family could afford 66.4 percent of homes. Guess what share of renters looking to buy a home has student debt?
1.4 percentage points
Boost in annual rent appreciation — beyond what’s already anticipated — that people living in the New York area can expect from the “Amazon effect” of adding 25,000 high-paid jobs.
19
Number of markets out of the 35 most populous where there’s a double-digit percentage point gap between home-value recovery rates for ZIP codes where there were high versus low foreclosures during the housing crisis. The recovery has been uneven, even within markets.