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Homes in U.S. Sold Faster than Ever in 2017, Says Zillow

Homes in U.S. Sold Faster than Ever in 2017, Says Zillow

According to data from Zillow, home shoppers should be prepared to move quickly when they find a home they want, as homes sold at their fastest pace on record in 2017. Read More »


U.S. Mortgage Bankers Closed Record $530 Billion in Commercial, Multifamily Loans in 2017

U.S. Mortgage Bankers Closed Record $530 Billion in Commercial, Multifamily Loans in 2017

U.S. commercial and multifamily mortgage bankers closed a record $530.1 billion of loans in 2017. Read More »

Record 64 Million Americans Now Live in Multigenerational Households

Record 64 Million Americans Now Live in Multigenerational Households

Over 64 million Americans live in multigenerational households, which is based on a report by the Pew Research Center, Washington, D.C. Read More »

U.S. Homes Hourly Appreciation Rate Higher Than Hourly Minimum Wage in Half the Country

U.S. Homes Hourly Appreciation Rate Higher Than Hourly Minimum Wage in Half the Country

According to Zillow, U.S. home values have been appreciating more per working hour than local minimum wage pays in about half of the nation's 50 largest cities. Read More »


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Global Property Spotlight

Golfito Marina Village & Resort - (Costa Rica)

Golfito Marina Village & Resort - (Costa Rica)

Costa Rica's Newest Luxury Superyacht Destination Now Under Construction Read More »

Last Updated April 19, 2018 8:05 AM ET

Seattle Property News

According to CBRE, momentum for additional construction of U.S. warehouses is not likely to wane, because the vast majority of the country's warehouse stock is decades old and ill-suited for the demands of e-commerce.

This represents the lowest level of homebuyer demand in 11 months and the largest month-over-month decline on record for the Demand Index, for which Redfin has data going back to January 2013.

Residential median rent across the nation is accelerating at its fastest pace in 21 months. Over the past year, the median rent in the U.S. rose 2.8 percent to a Zillow Rent Index (ZRI) of $1,445.

While historically low mortgage rates in the U.S. have been the silver lining in today's competitive housing market, keeping monthly payments relatively affordable even as home prices reached new peaks - but that's all changing.

Median home prices in U.S. zip codes in the highest 20 percent for environmental hazard risk appreciated at a faster pace than the overall U.S housing market over the past year.

According to Zillow's January Real Estate Market Report, U.S. home value growth across the country is increasing at the slowest pace in 15 months. Over the past year, home values rose 6.7 percent to a median home value of $207,600.

According to the National Association of Home Builders / Wells Fargo Housing Opportunity Index released this week, data for all four quarters of 2017 show housing affordability remaining essentially flat throughout the full 2017 year.

U.S. builder confidence in the single-family 55+ housing market remained strong in the fourth quarter of 2017 with a reading of 71, up 12 points from the previous quarter. This is the highest reading since the inception of the index in 2008.

According to Zillow, the total value of all homes in the United States in early January 2018 is now $31.8 trillion after gaining $2 trillion in 2017. The cumulative value of the U.S. housing market grew at its fastest annual pace.

According to Redfin, cryptocurrency is starting to become part of the discussion with some clients buying and selling homes over the second half of 2017.

According to Zillow, saving for a down payment is a moving target for many first-time buyers, especially in pricey markets like Seattle and San Jose, where home values are expected to rise as much as $36,000 over the next year.

According to the recently released 2017 National Multifamily Housing Council / Kingsley Renter Preferences Report, U.S. apartment renters now want more shorter-term leasing options combined with added online reviews to make more informed decisions.

Smaller and secondary U.S. markets are the leading property investment themes running through this year's study, with Seattle taking the top spot this year, thanks to its job opportunities, diverse economy and young, educated workforce.

Nearly 1.4 million (1,367,793) U.S. residential properties (1 to 4 units) were vacant as of the end of the third quarter of 2017 -- representing 1.58 percent of all U.S. residential properties.

According to the National Association of Home Builders/Wells Fargo Housing Market Index, U.S. builder confidence in the market for newly-built single-family homes rose four points to a level of 68 in October 2017. This was the highest reading since May 2017.

According to a new study conducted by Dodge Data & Analytics in partnership with the National Association of Home Builders (NAHB), green construction is rapidly gaining traction among both single family and multifamily homebuilders across the U.S. in 2017.

According to a new report by Zillow, U.S. median home values are reaching new peaks in more than half of the nation's largest housing markets, but a closer look at which homes are regaining value reveals an uneven recovery in the biggest markets.

According to a new report by Redfin, for every dollar of home equity single men earned over five years in the U.S., single women earned just 92 cents. Redfin looked at 199,387 homes sold in 18 of the largest metros in 2012.


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