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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HQ2 Impact on the Winning City’s Rental Market

The search for HQ2 continues, and Amazon is slowly whittling down its list of top 20 contenders. Visits to the top 20 prospects have been completed, and these cities are eagerly awaiting to hear whether another round of cuts is in the future, or if Amazon is ready to choose its winner. Recently, Zillow released […]

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U.S. median home value reaches all-time high

The median U.S. home value has risen 6.5 percent year-over-year to an all-time high of $206,300 — a number that is only expected to increase in 2018, thanks to double-digit decreases in inventory …

Owning is cheaper than renting in over half of US counties

With home prices rising 7 percent year-over-year, renting is often seen as a more affordable alternative to buying. But as ATTOM Data Solutions latest rental affordability report shows, that isn’t necessarily true for a good chunk of the population …

The rent is too damn high (but so are home prices)

According to the RealPage Q3 supply and demand report, the national average rent has increased by 0.9 percent month-over-month and 2.6 percent year-over-year, bringing the average rent to $1, …

Demand for House Rentals Intensifies

Apartment rents are appreciating less than house rents, thanks to shifting demand for single-family rentals, according to a recent analysis by Zillow. Apartment rents nationally increased a median 0.5 percent, to $1,551, year-over-year—relatively flat—while house rents increased 1.3 percent to $1,404. Several colliding factors are driving the trend, says Dr. Svenja Gudell, chief economist at […]

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No relief for homebuyers, but renters catch a price break in July

While home prices continue to rise at breakneck speed, average rent growth has slowed to 0.1 percent month-over-month and 2.6 percent year-over-year. In dollar amounts, that results in a meager $1 increase in rent from June to July …

Boost in rental construction keeping would-be buyers at bay

While the housing market continues to deal with the inevitable strain of low inventory, the rental market is benefiting from a record year of new apartment construction that’s stabilizing rent growth and making would-be buyers think twice about transit…

Rent Growth Crawls, but Costs Still High

Rent growth is crawling at its slowest pace in five years, with rents up nationwide just 0.7 percent year-over-year, according to the recently released March Zillow® Real Estate Market Reports. Notably, rent growth in the West, which has led appreciation, is stalling. The median rent is now $1,408. Zillow Chief Economist Dr. Svenja Gudell attributes […]

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Portland, Seattle Take 2016 with Highest Home Value, Rent Appreciation

Home values hit their stride in December, clocking in at the fastest annual pace of 2016 at 6.8 percent, according to the December Zillow Real Estate Market Reports. Portland, Ore., home values hung onto the top spot, appreciating 13.8 percent year-over-year. “Home values ended 2016 growing at their fastest pace of the year, which could […]

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