An expected slowdown in the pace of home value growth in a number of pricey, fast-moving markets means it may take longer going forward to break even financially when buying a home in those areas compared to renting it.
December 2016 Market Report: What Could Flattening Rents Mean for 2017?
A months-long streak of accelerating home value growth was met with an equally long stretch of flattening rents to end 2016, a trend with interesting implications for the housing market as a whole as attention turns to the busy 2017 home shopping season to come.
On January 11, I’m headed to Washington, D.C. to participate in the 2017 Zillow Economic Forum, and I couldn’t be more excited about it. This event will focus on the generational, racial, and socio-economic disparities that exist in the housing market. I’m excited to shed light on these disparities and explore ways that we can improve economic opportunity for all Americans.
Going Green: Cities with Large Carbon Footprints Are Hot Spots for Eco-Friendly Home Tech
As it turns out, cities with the most homes for sale that advertise eco-friendly amenities – think solar panels, double-paned windows and energy-efficient appliances – are also the cities that need those amenities most, because their carbon footprints tend to be larger.
What Distinguishes the Markets Renters Want to Move to From the Markets Renters Want to Leave
The (real or imagined) allure of greener pastures beyond the horizon is a near-constant theme in the American national imagination, and regional migration – the movement of people across the country – is among the most important drivers of local differences in housing demand and desirability. And in the simplest sense, areas with lots of people looking to leave can often be considered less desirable, while markets with lots of people eager to move in are likely more desirable. But not always.
Is Your City Building Enough Housing? Weighing Today’s Housing Promises Versus Past Housing Delivery
A lack of new housing supply has been blamed for a raft of housing issues plaguing many large U.S. housing markets, including rapid appreciation, deteriorating affordability (especially at the lower end of the market and for renters) and very limited inventory. In response, mayors’ offices nationwide have formulated plans focused on building new housing and rehabilitating and preserving what housing already exists. But are these plans enough, and are they feasible?
Coming and Going: What Home Views Do, and Don’t, Reveal About Our Potential Moves
In fashion, as it has been famously said, you’re either in or you’re out. And real estate is often the same way in certain markets, with more people either looking to move in – based on their home searches on Zillow – or looking to move out.
