August 2017 Market Report: More Than Half of U.S. Homes Have Rebounded to Pre-Recession Peak Values
Less than half (47 percent) of homes valued in the bottom third nationally were worth the same or more than their prior highs, while 52.5 percent of the middle third and 53.8 percent of homes valued in the top third were.
July 2017 Market Report: Almost Half of U.S. Homes Are Worth More Now Than Before the Bubble
In seven metro areas, more than 90 percent of homes have exceeded their pre-recession peak values.. But only 0.4 percent of homes in Las Vegas is worth more than its pre-recession peak value.
Bremerton’s Affordable Housing Just Got Closer to Seattle – But There’s a Catch
A new high-speed ferry service connecting downtown Seattle with the city of Bremerton promises to make a number of more-affordable communities accessible to Seattle home shoppers. But because Bremerton isn’t part of the Greater Seattle market, some borrowers seeking even relatively affordable homes may need to do some potentially costly mortgage gymnastics to make their home purchase in and around Bremerton work.
A Picture’s Worth: Need a Reason to Name Your Child Stuart or Alison?
What's in a name when it comes to home? Lots, it turns out. Annes own the highest-value homes in 10 states, and of all the homes owned by Salvadors nationally, 46.9 percent of those homes are in California.
Need a Reason to Name Your Child Stuart or Alison? They Own the Most Valuable U.S. Homes
What's in a name when it comes to home? Lots, it turns out. Annes own the highest-value homes in 10 states, and of all the homes owned by Salvadors nationally, 46.9 percent of those homes are in California.
May 2017 Market Report: Inventory Falls at Fastest Pace in Years
As the national median home value approaches $200,000, the number of homes hitting the market drops at its fastest pace in almost four years.
April 2017 Market Report: A Decade Later, Home Values Return to Bubble-Era Peak
Some people will ask whether passing the 2007 peak means the housing market is in another bubble. It's not. In most markets during "normal times," home values typically rise over time to some degree, and absent any large shocks, each month will represent a new peak. The fact that it took the Zillow Home Value Index a decade to return to this point, let alone exceed it, is a testament to how far the market fell when it crashed. It's also a reflection of how outlandishly high it had climbed.
Accuracy in Context: Why Zillow’s Case-Shiller Forecast Is So Dependable
The S&P CoreLogic Case-Shiller Home Price Indices have long been a benchmark for measuring changes in home price appreciation nationwide and in many individual markets. But despite Case-Shiller’s reputation, weaknesses including an older methodology, limited footprint and substantial lag in timeliness make it fairly easy to predict, and open the door for newer measures like the Zillow Home Value Index to offer a more nuanced and timely look at the market.
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.
November 2016 Market Report: Home Values Growing at Fastest Pace Since 2006
As 2016 comes to a close, annual growth in rents has stabilized, the number of homes listed for sale is at its lowest point on record and annual home value growth is accelerating. Looking ahead into 2017 and beyond, all three of these trends are likely to continue influencing each other and the market as a whole.
