LGBTQ+ Buyers & Renters Face More Challenges, Costs when Searching for a Home
Many of the housing challenges faced by LGBTQ+ households in general are even more extreme for LGBTQ+ home buyers and renters of color.
Renting
U.S. Home Value Growth Slows, Signalling Potential Price Decline to Come (May 2020 Market Report)
The typical U.S. home value grew 4.3% year over year in May, to $251,598. But monthly growth slowed noticeably from April.
Almost 3 Million Adults Moved Back Home in Wake of Coronavirus
There were 32 million adults living with their parents or grandparents in April, the highest number on record.
Newly Unemployed Service Workers Owe More Than $1.7 Billion in Monthly Housing Payments
More than 25% of the total housing payments due from U.S. food service workers is owed by those who are newly unemployed during the coronavirus pandemic.
Coronavirus Drives Biggest Rent Slowdown In At Least Five Years (April 2020 Market Report)
The coronavirus helped slow annual rent growth by half a percentage point in April from March, the largest monthly drop in at least five years.
Coronavirus Layoffs Have Bigger Impacts on Housing Security for Black, Latinx and Asian Households
The most devastating economic and public health outcomes of the coronavirus outbreak have fallen along socioeconomic and increasingly racial lines.
Creation of 3D Home Tours Soared in March as Stay-at-Home Orders Expanded
The number of 3D Home tours created on Zillow in March was 188% higher than the previous month.
Two Months without Pay Pushes Food and Retail Workers to Spend 40% of their Annual Income on Rent
Renters working in food and retail industries could spend 40% of their annual income on housing costs if they are unable to work for two months.
30-Minute Movers: How Home Shoppers Enable (or Eliminate) a Half-Hour Commute
Commute times and working remotely are top of mind for those making decisions about where to live and what home to buy or rent.
Where and Why the Upfront Costs of Renting Differ So Widely
When controlling for age, income, home type, urbanicity, and region, LGBTQ+ renters are more than 1.4 times as likely to pay an application fee. Renters of color are more than twice as likely.
