Today's supercharged housing market has flipped the traditional home-buying journey on its head. Nationally, with 22.5% fewer for-sale listings than last year and homes flying off the market in just nine days, aspiring homeowners need to change their approach to win the deal. Home shopping used to be the first [...]
Sellers gearing up for the spring home shopping season need to roll up their sleeves now and spruce up their homes if they want to attract a shrinking pool of buyers. Investing in improvements, maintenance and repairs could pay off when it's time to sell. New research commissioned by Zillow and [...]
If you're curious about what's happening in the real estate market it appears that home shoppers are facing a one-two punch this spring: Quickly rising mortgage rates are compounding affordability challenges that have been brought on by record home value growth. The cost of a 30-year mortgage on the typical [...]
The housing market may not reach the amazing depths of 2021, but Zillow economists predict it will be anything but slow next year. Expect the strong seller's market to persist, the Sun Belt to maintain its top spot as the most in-demand region, and flexible work options to continue to [...]
In August, 58.8% of home offers written by Redfin agents faced competition—a record low for 2021, according to a new report from Redfin real estate brokerage. That's down from a revised rate of 62.1% in July and a peak of 74.3% in April. It's also slightly lower than the August 2020 bidding-war [...]
Is your city back on the mend from the lockdowns? Keep reading. With local governments helping their cities transition back to normalcy as COVID-19 cases decline, the personal-finance website WalletHub recently released its 2021’s Best- & Worst-Run Cities in America To determine the effectiveness of local leadership, WalletHub compared 150 [...]
Several technology experts from the National Association of Realtors gathered during the 2020 REALTORS Conference & Expo to learn more about the real estate industry's growing reliance on technology and how the integration of artificial intelligence, augmented and virtual reality, digital transaction management, and 5G innovations will impact the buying [...]
The National Association of Realtors has chalked up a nice award. It said in a news release it has been identified by the global firm Great Place to Work Institute as one of the top employment destinations in America. In being named a "Great Place to Work," NAR and its roughly [...]
The housing market continues to be fierce even with a pandemic reports Redfin as it saw 56.3% of Redfin offers on homes face competition nationwide in September, down from a revised rate of 59.1% in August, according to a new report. While that's the first decline in at least five [...]
The rise of remote work has the potential to unlock the American Dream of homeownership for nearly 2 million renter households. A new Zillow analysis finds that's how many renter households could likely telecommute and afford monthly payments on the typical U.S. starter home, but couldn't afford a starter home in [...]
