Hottest Markets for 2019 Driven by Job Opportunities
While the U.S. housing market is cooling in some ways, certain markets are red hot – fueled by rapid home value and rent appreciation, job opportunities, income growth and low unemployment.
Renting
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.
2019 Predictions: Worse Affordability, Commutes, Natural Disaster Losses
Mortgage affordability take a hit. Commutes lengthen. Natural disasters claim a record number of homes. And a bit of good news: Amazon HQ2 'losers' will get a boost.
Inventory Climbs Meaningfully for the First Time in Almost Four Years (October 2018 Market Report)
Prospective home buyers can give thanks this season for a rare increase in inventory: The number of homes for sale in October rose 3 percent, the first year-over-year gain of more than 1 percent since December 2014.
Student Debt Pushes More Homes Out of Renters’ Reach
Based on today’s values, the highest priced home a renting household with student debt could afford is $269,400. A renting household without student debt could go as high as $361,800.
Amazon HQ Split: Housing Impact Should Be Diluted
The latest news that Amazon may be splitting its HQ2 across two locations dilutes its impact on the selected markets. Some finalist cities had concerns about the impact that HQ2 would have on housing affordability, a top concern across most of the country, but the smaller scale of the new headquarters likewise would shrink its effects on affordability. It will be an easier undertaking to meet a smaller influx of housing demand, and separating its HQ2 locations also gives Amazon the chance to create a broader national footprint.
Rents Drop Year-Over-Year for the First Time Since 2012 (September 2018 Market Report)
The September drop will come as good news to renters who are on a budget, hoping to save a down payment, or just want a break from rent increases.
A Tweak to Vouchers Allows Low-Income Renters Access to High-Income Areas
The new rule increases the overall metro-wide share of rental listings affordable to voucher holders in all 23 metros immediately affected by the new rule.
Notable Numbers From September 2018
Which markets would benefit from the capital gains tax exemption? Where do low-income renters pay more than 100 percent of their incomes for the most affordable rentals? When did renters stop accounting for all new households in the United States?
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.
