Growth in average home prices sluggish in December: Analysis

Home prices rose 4.7 percent year-over-year in December, falling from 5.1 percent in November, according to the latest Case-Shiller Home Price Index.

These are the hottest housing markets of 2019

San Jose, California, took the top spot on Zillow’s annual survey of the hottest housing markets in 2019 for the second year in a row as tech jobs continued to drive workers to Silicon Valley.

Unpaid government workers owe $438M in mortgage and rent this month

Federal workers either not being paid or currently furloughed as a result of the government shutdown are estimated to owe approximately $438 million in mortgage and rent payments this month.

The housing market should survive Wall Street’s pummeling

The stock market bounced back Wednesday, erasing Monday’s losses but still left markets down compared to a month ago.

New home sales fall to 2-year low

New residential home sales dropped 8.9 percent in October, falling to a new two-year low, according to a new residential sales report released Wednesday.

The essential guide to thriving in a turning market

The situation in many markets across the country has begun to change: Home sales are slowing down and so too is the momentous price growth seen just a few months or years ago.

Next stop: The opportunity market

Conventional wisdom suggests the market will continue to favor sellers, at least for another year, but Douglas Elliman President Scott Durkin has another name for it: Opportunity.

Rents are flat for the first time since 2012

The nationwide median rent in August remained unchanged year-over-year for the first time since 2012, according to Zillow’s latest housing data survey. The median rent is actually lower than it was in August 2017 in 19 of the nation’s 35 largest housing markets.

Affording a home mortgage hasn’t been this difficult since 2009

Across the U.S. today, homebuyers need to spend 17.5 percent of their monthly income on their mortgage payments, according to Zillow’s Q2 affordability study. Although still well below the historical average of 21.2 percent, the income-to-mortgage ratio has not been this high since 2009, in the wake of the financial crisis.

Sellers still rule — for 2 years, says Zillow

The industry may not see a buyer’s market until at least 2020, according to the majority of real estate economists surveyed by Zillow and Pulsenomics LLC.