Home values have faced a lot of turmoil since 2008’s housing market crash, but they’ve generally been on the increase since the end of the downturn. However, research from Zillow suggests that home … [Read more...]
Homebuyers Gaining Negotiating Power in Some Large Metros
Zillow recently published research detailing the changing housing market in the United States, as it swings toward becoming a buyers’ market. According to their research, Zillow found that many of the … [Read more...]
Fannie Mae Lowers Home Sales Forecast for 2019
An October 18th news release by Fannie Mae predicts a slowing housing market as the economic outlook remains steady for 2019. Economy Grows, Housing Market Falters In October, Fannie Mae’s Economic … [Read more...]
Annual Home-Value Growth is Slowing in 20 of the 35 Largest Markets
An August 23rd press release from Zillow shows U.S. home-value growth slowed in 20 of the 35 largest housing markets, while the rental market is also showing signs of a slowdown. Zillow’s report is … [Read more...]
Housing Market Experiencing More Price Cuts in Two-Thirds of the Largest Markets
According to a press release published by Zillow on August 16, 2018, cuts to home prices in the largest 35 metros of the U.S. are increasing. This data helps to identify trends and shifts in the … [Read more...]
Home Purchase Sentiment Plateaus as Home Trade-Up Confidence Deteriorates
Fannie Mae published a press release in August detailing changes to the Home Purchase Sentiment Index (HPSI) in July, 2018. The HPSI draws from data in the National Housing Survey (NHS) to form a more … [Read more...]
Fewer Young Adults Buying Homes Because of Rising Housing Costs, as Mortgage Rates Remain Low
Although mortgage rates remain low, rising housing costs are resulting in fewer young adults buying homes, according to a report by Freddie Mac. Homeownership rates, therefore, will likely trail … [Read more...]
Underwater Mortgages Down 70% From the Housing Crisis
At the height of the 2008 housing crisis, 30% of homeowners were underwater on their mortgage. That number sank to 9.1%, the lowest since the crash, as reported by Zillow in May of this year in light … [Read more...]
Federal Tax Cut Projected to Inject Nearly $40 Billion into the Housing Market
According to a report by Zillow, we may see as much as $40 billion injected into the housing market thanks to tax cuts for Americans. This is likely a result of more people buying homes, as investors … [Read more...]
Home Values Quickly Rise at Fastest Pace in 12 Years
All across the country, home values have risen a staggering 8.7% since April 2017. This puts homes at a median value to $215,600, according to Zillow and confirmed by the Federal Housing Finance … [Read more...]
