Current Market Data
There was an increase in single-family home starts in 2017 compared to the year prior, but the national average still fell short of normal levels seen before the recession. The 2017 Survey of Construction, released by the National Association
Millennials have turned out to be the largest generation in history, but surprisingly, they make up the smallest percentage of U.S. homeowners among all generations. Although most millennials, those ages 18 to 34, have reached their peak homebuying years,
A combination of findings detailed in recent housing market reports in major metropolitan markets, as well as nationally, has some analysts predicting more favorable conditions for buyers in the coming months. Jeff Lazerson, president of MortgageGrader.com and author of
A new report from CoreLogic on mortgage delinquency rates nationwide found that although the U.S. overall recorded the lowest rate of outstanding mortgages with overdue payments since 2007, a select few states and metros like Houston and Miami saw
Oceanfront homes, lakeside properties and even residences along the river tend to attract higher-than-average prices. However, according to a new report from Zillow’s research team, that premium on waterfront real estate has declined in recent years. Based on its
At just over 64 percent, the national homeownership rate among U.S. adults remains stubbornly low. For young adults between the ages of 25 and 34, the rate is even lower than it was less than a generation ago, but
Despite the city enduring a major hurricane and a downtown in oil prices in the last year, Houston’s housing market has been chugging along. Home prices, for example, in the city have jumped 3.8 percent in April 2018 compared
Home purchase contracts are increasingly being settled on time, and technology has increased the median days to close. But there are sill many ways for contract negotiations to hit a snag. A National Association of Realtors survey in May
In recent years, baby boomers are accounting for a smaller portion of the homeowning population, currently just 25 percent, and a new report finds that they typically prefer not to take advantage of the technology available to streamlines the
To make ends meet while saving up for a down payment, cash-strapped millennials are getting creative. A Redfin survey of 2,000 millennial homebuyers (age 24 to 38) found nearly four in 10 took on a second job to accrue
As millennials begin to take over the homeowning population, Generation X buyers are making up a smaller portion of the housing market, accounting for just 30 percent of it. MetroStudy partnered with Zillow to discover and analyze trends in
As millennials begin to enter the housing market, they are becoming the driving force, with millennial buyers making up 42 percent of the it. MetroStudy partnered with Zillow to discover and analyze trends in the housing market among the
The most popular home renovation projects, like kitchen and bathroom remodels, are the ones that contribute the most to a home’s increased resale value. In fact, two-thirds of renovating homeowners are focused on increasing home resale value, according to
Choosing paint colors is perfect way to reflect your style onto your home. But, when it comes time to sell, the colors you chose may not appeal to potential buyers. Zillow is here to help with their 2018 Paint
Millennials may be working hard to buy their dream homes, but many find themselves compromising to fulfill their goals of homeownership. According to a survey from ValueInsured, 85 percent of millennial homeowners compromised when buying their dream house. Survey
Sprucing up the curb appeal is one way homeowners can significantly increase the value of their home. A well-manicured property can increase a home’s value by anywhere from 6 percent to 13 percent compared to a property with no
