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.

Price reductions rose in June, with cities seeing biggest cuts: Zillow

Two-thirds of major American cities saw more property listings cut in price now than they did during the same period in 2017, according to Zillow.

Permitting slowdown has cost the US 6.3M new homes

From 1985-2000 there were 3.9 single-family home permits issued annually per 1,000 residents, but that number has declined significantly in the past decade. Since 2008, there have been just 1.8 single-family home permits issued every year per 1,000 res…

Permitting slowdown has cost the US 6.3M new homes

From 1985-2000 there were 3.9 single-family home permits issued annually per 1,000 residents, but that number has declined significantly in the past decade. Since 2008, there have been just 1.8 single-family home permits issued every year per 1,000 res…

Here’s where sellers made the biggest profit on their homes

Homesellers are reaping the benefits of steadily skyrocketing home prices, especially on the West Coast, according to a new report from Zillow.