After Years of Decline, Household Formation Rates Were Improving Pre-Pandemic. Now What?
There would be some 5.7 million additional households today if Americans formed households at the same rate they did in 2006.
Renting
Working From Home Could More Widely Benefit Black Renters Seeking Homeownership
Black renters are 29% more likely than other renters to potentially be able to move and buy a first home because of the rise in telework.
A Third of Rental Listings are Offering Concessions — And it Appears to be Working
Almost half of Gen Z renters that moved recently said they were motivated to do so because their new rental offered promotions or concessions.
Record Low Mortgage Rates Boost Affordability, But Mask Down Payment Difficulties
Ultra-low mortgage interest rates are keeping monthly payments remarkably affordable, but don't ease the burden of saving for a down payment as prices rise.
Zillow Weekly Market Report, Data Through Oct. 17
Inventory keeps hitting new lows, and prices keep getting higher. Pending sales are slowing after a hot few months.
August 2020 Market Report and Zillow Weekly Market Report Through September 12
Low inventory pushes home values to highest monthly increase since 2013 and low demand pushes rents lower in August monthly housing data.
College-Area Rents Are Falling Behind as Schools Move Online
Rents in college areas (where more than 1/5 residents is a student) were down year-over-year in August, but up in non-college areas.
Zillow Weekly Market Report Through September 5
Buyers are scooping houses off the market at record rates and sellers are listing more homes than at any point since the beginning of the pandemic.
Freedom to Telecommute Could Add Almost 2 Million Potential Buyers to the Market
A switch to more telework could give 1.92 million U.S. renters the option to leave their current metro and buy a starter home in a cheaper locale.
July 2020 Market Report and Zillow Weekly Market Report Through August 15
The typical home price rose to $253,527 this July, propelled upward by rock-bottom inventory tallies that continue to plumb new depths.
