Rents Stir Up to Sustainable Trend

Appreciation heated up on rentals this spring, with the May median monthly rent totaling $1,440, an increase of 2.1 percent year-over-year, according to the May Zillow® Real Estate Market Report. Last May, the increase in median rent was 0.7 percent. “Over the past two years, rent growth slowed across the country as new apartments hit […]

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CoreLogic: May Prices Up 7.1 Percent

Analysts are anticipating home prices to tick up, but decelerated to a lesser pace, according to CoreLogic’s latest Home Price Index (HPI®) report. CoreLogic data found that May prices rose 1.1 percent month-over-month and 7.1 percent year-over-year. According to a forecast in the report, prices will have risen 0.3 percent in June, and increase 5.1 […]

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The Harder They Fall: Recovery Slow in Vacation Areas

After falling hard in the recession, homes in vacation areas are recovering, but slowly, according to an analysis by Zillow: “Vacation home markets have lagged the rest of the country during the economic recovery, despite an exaggerated boom and bust a decade ago,” says Aaron Terrazas, senior economist at Zillow. “As the economy improves and […]

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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.

Analysis: The Price of a Property Ripe for Summer

With more activities, daylight, outdoor parties and vacations, summer is a precious time of year. Do you have amenities at home that make the most of the season? According to new realtor.com® research, features that scream “summer” can earn homeowners more profit. An outdoor shower, for example, is at a 97 percent price-per-square foot (PPSF) […]

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Appreciation Today Is Mirroring the Pre-Recession Sprint

Appreciation currently is at its fastest since June 2006, just ahead of the downturn, according to the April Zillow® Real Estate Market Report. Nationally, the median price is $215,600, growing at an 8.7 percent rate year-over-year, according to the Zillow Home Value Index (ZHVI), a gauge of median prices. Before the bubble burst, prices were […]

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Experts Are Eyeing a Recession in 2020—but It’s Not Why You Think

The economy is on a roaring run. Is a downturn imminent? Experts in housing are predicting a recession starting in 2020, according to Zillow’s 2018 Q2 Home Price Expectations Survey; however, they anticipate monetary policy—not the housing market—as primarily responsible for the swing. The Federal Reserve has been guiding fiscal policy since the Great Recession, […]

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House flipping is on the rise despite high home prices, CoreLogic reports

As anyone who regularly watches “Flip or Flop” already knows, house flipping is on the rise, and a new report from property data developer CoreLogic confirms it. 

Appreciation at Quicker Pace, Up 5.7 Percent

Appreciation grew quicker in the first quarter of 2018, up 5.7 percent year-over-year, according to the latest quarterly report by the National Association of REALTORS® (NAR). “The worsening inventory crunch through the first three months of the year inflicted even more upward pressure on home prices in a majority of markets,” says Lawrence Yun, chief […]

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The most popular neighborhood in the United States according to Zillow is …

Zillow ranks the country’s most popular neighborhoods in the U.S. based on page views, and the top spot may not be what you expect.