Buying a home is one of the most expensive transactions someone will ever make, and home shoppers can expect to spend $40,000 on average in one-time fees on the typical U.S. home.
According to the 3rd annual Zillow Group Report on Consumer Housing Trends, Millennials - the largest group of home sellers - are the most likely to make concessions.
The price growth rate has been dropping for six consecutive months and has not been this low since August 2014. Homes sales fell 2.4 percent in August compared to a year prior.
According to new Redfin research, signs continue to point toward a changing market that's letting U.S. homebuyers be more selective as supply constraints begin to ease in the hottest markets.
According to the recently released CBRE U.S. Seniors Housing & Care Investor Survey, the appetite for senior housing acquisitions in the U.S. remains strong, with nearly two-thirds of investors planning to increase the size of their portfolios over the next 12 months.
Home values have more than recovered in most of the U.S.'s largest markets. The markets with the highest gains above the mid-2000s bubble are primarily in the West and Southwest.
According to Freddie Mac latest Primary Mortgage Market Survey for the first week of September 2018, U.S. mortgage rates jumped over the past week to a level not seen in over a month.
Based on a new report by Redfin, U.S. homeowners in white, minority and mixed-race neighborhoods posted substantial gains in home equity from 2012 to 2018.
According to new U.S. housing market research by Zillow, the combination of rising home prices and interest rates creates a doubly challenging environment for would-be home buyers, making monthly mortgage payments on even modestly priced homes more of a financial burden.
Sales of newly built, single-family homes inched down 1.7 percent in July to a seasonally adjusted annual rate of 627,000 units after an upwardly revised June report. On a year-to-date basis, sales are up 7.2 percent from this time last year.
According to the 2018 Q3 Zillow Home Price Expectations Survey, U.S. home sellers will continue to hold more negotiating power than buyers for the next 18 months.
According to Redfin, U.S. home-sale prices increased 5.3 percent year over year to a median of $307,400 in July 2018. The price growth rate has been dropping for five consecutive months and has not been this low since September 2016.
According to Zillow, one of the defining characteristics of the U.S. housing market in 2018 is the lack of available inventory, and much of this scarcity can be traced back to the lack of building following the bubble's burst.
Property listings portal Zillow is now reporting that over the next year, 23 more cities across the U.S. will make Zillow's "$1 Million City List," defined as a city with a median home value of $1 million or more.
According to the June 2018 Zillow Real Estate Market Report, a decade after the U.S. housing market crashed, half of the country's homes have regained the value they lost during the recession.
According to a new report from the Mortgage Bankers Association, U.S. mortgage credit availability increased in June 2018. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit.
Zillow is reporting this week that U.S. home buyers are willing to spend more for the comforts of a cooler home. A new Zillow analysis finds that homes with air conditioning sold for 2.5 percent more than homes without it, which is a premium of nearly $5,500 for the typical U.S. home.
According to U.S. brokerage firm Redfin, few homebuyers are halting their searches in the wake of rising mortgage rates.
