As California Debates Rent Control, More Supply Is Contributing to a Slowdown in Rents
Beyond ongoing rent control debates, the undercurrents of the California rental market are shifting on their own in response to fundamental market forces.
Policy & Industry
Long-Time Homeowners in Pricey Places Benefit Most from Potential Changes to Capital Gains Taxes
Long-time homeowners in pricey communities where home sales more commonly net very large capital gains would be the primary potential beneficiaries of this change.
Housing Market Showing Few Ill Effects from Tax Reform
Of the handful of housing-specific changes made in 2017 as part of tax reform efforts, just one – capping the SALT deduction – has had an impact on housing.
Home Values Grew Most in Markets With Strictest Land Use Regulations
Home values and job growth have both risen since 2010, but home values grew much more steeply in metros with stricter land use regulations.
Rapid Reaction: Federal Reserve Rate Hike
The Federal Reserve's Federal Open Market Committee (FOMC) voted to raise the target range for the federal funds rate by 25 basis points, to between 1.75 percent and 2 percent. The federal funds rate influences consumer interest rates on everything from mortgages to auto loans and credit cards.
Republicans, Democrats Predictably Differ on Impact of Tax Reform on Housing
Democrats generally said the December 2017 tax reform legislation made it more difficult to buy a home while Republicans were more likely to say the law made it easier, according to the most recent Zillow Housing Aspirations Report.
Americans Likely to Reinvest Billions in Tax Savings Back into Housing
Zillow estimates homeowners and renters could put $13.2 billion in tax savings directly into the American housing market in 2018, using some of their tax cut to rent or buy a bigger home.
Hispanics, Young Adults Pushing Up U.S. Homeownership Rate
The seasonally adjusted U.S. homeownership rate is currently enjoying its longest uninterrupted run of quarterly gains since the turn of the 21st century, driven higher by advances among Hispanics and younger adults.
Home Values Remain Low in Vast Majority of Formerly Redlined Neighborhoods
Home values in the vast majority of neighborhoods that were “redlined” as hazardous for mortgage lending by the federal government 80 years ago are lower now than in areas rated more highly.
Redlining and Home Values in St. Louis, Philadelphia and Portland, Ore.
We talked to locals in Portland, Philadelphia and St. Louis -- places where home values in formerly redlined areas have passed the values in some other neighborhoods. The reasons they gave ranged from imminent domain to gentrification to early efforts to stave off urban decay.
