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Dec 7, 2022
2022-Top-Metros-for-First-time-Homebuyers-120622-01
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Zillow's 10 best metros for first-time home buyers in 2023
Dec 7, 2022
Zillow
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Zillow logo (PRNewsfoto/Zillow Group)
Dec 7, 2022
Zillow names the 10 best metros for first-time home buyers in 2023

These places offer the best mix of affordability and selection, and are seeing a higher share of price cuts Wichita, Kansas, is the No. 1 metro in the country for first-time home buyers. Six...

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Dec 1, 2022
Zillow
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Zillow logo (PRNewsfoto/Zillow Group)
Dec 1, 2022
Zillow's hot housing takes for 2023

The Midwest will move to the forefront as affordability remains housing's biggest issue SEATTLE, Dec. 1, 2022 /PRNewswire/ -- Midwestern markets will heat up, and more friends and family members...

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Nov 21, 2022
Zillow
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Zillow logo (PRNewsfoto/Zillow Group)
Nov 21, 2022
Renters now need to work six hours more to pay rent than before the pandemic

The average American needs to work 63 hours to pay monthly rent Americans making an average wage need to work for 62.6 hours to pay the typical U.S. monthly rent. Over the past five years, rents...

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Nov 18, 2022
Zillow-Home-Loans
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Zillow Home Loans logo, April 2019 (PRNewsfoto/Zillow Group)
Nov 18, 2022
Prospective home buyers spend about as much time researching new TVs as they do mortgage lenders

New survey from Zillow Home Loans shows home buyers don't shop around for their mortgage, potentially costing them hundreds of dollars each month Prospective home buyers spent more time...

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Nov 17, 2022
ZHVI Oct 2
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Zillow Home Value Index, 2008 to October 2022
Nov 17, 2022
Zillow
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Zillow logo (PRNewsfoto/Zillow Group)
Nov 17, 2022
Home prices plateau as high mortgage rates chill market

A new, slower equilibrium may be settling in after years of imbalance High mortgage rates stifled sales, now down 24% year over year and 17% from October 2019 Rates are also stymieing sellers. New...

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Nov 16, 2022
Time-to-price-cuts
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It takes sellers about a month after listing to cut prices. After the pandemic, this jumped down to just under three weeks.
Nov 16, 2022
Typical-price-cut
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For sellers that do slash their prices, buyers can typically expect to get a 3% discount, slightly higher than pre-pandemic years, though falling slightly.
Nov 16, 2022
Best-time-of-year-for-price-cuts
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The best time of year to find a price cut is July followed by the first week of September
Nov 16, 2022
Forget Black Friday -- Thursdays are the day for home price cuts

For-sale homes are most likely to be discounted on a Thursday, three weeks after being listed for sale Home buyers should look for price cuts on Thursdays, but don't expect many on the weekends....

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Nov 14, 2022
Zillow-powered technology has helped Housing Connector find homes for 3,700 people experiencing homelessness

Launched in 2019 with Zillow, Housing Connector takes a business-to-business approach to leverage existing housing in the private market to address homelessness Currently operates in Seattle and...

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Nov 7, 2022
Home buyers' and sellers' biggest misconceptions in a shifting market

A new Zillow survey of agents reveals what buyers and sellers are getting wrong and what works in today's market The top misconception among aspiring home buyers, according to real estate agents,...

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Oct 31, 2022
Zillow
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Zillow logo (PRNewsfoto/Zillow Group)
Oct 31, 2022
Pressure is back on sellers to attract buyers as demand softens

Homes that sell are doing so quickly, while others are languishing on the market Homes are lingering on the market longer than they did last year, but still moving faster than pre-pandemic norms....

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Oct 27, 2022
Zillow
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Zillow logo (PRNewsfoto/Zillow Group)
Oct 27, 2022
Recent renters reveal five winning strategies to land a place in today's hot market

New Zillow survey finds being flexible about move-in date and offering to pay more up front are the top strategies to land a rental in an ultracompetitive market SEATTLE, Oct. 27, 2022...

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Oct 20, 2022
affordability drop
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Nationally, home values are about 25% above where they would need to be for affordability to return to historical norms.
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