Zillow

US home prices jumped 6.3 percent from a year ago

WASHINGTON/ August 29, 2018 (STL.News) — U.S home prices climbed 6.3 percent in June from a year earlier, as affordability is becoming a greater obstacle for would-be buyers. The S&P CoreLogic Case-Shiller 20-city home price index rose at a slightly slower pace than the 6.5 percent annual gain in May from a year earlier, according … Continue reading US home prices jumped 6.3 percent from a year ago

Homes with Tuxedo Kitchen Cabinets and Black Front Doors Can Sell Up to $6,000 More than Expected

SEATTLE/ June 20, 2018 (STLRealEstate.News) — Painting a home in the right colors can have a significant impact on its sale price. According to a Zillow® analysis, homes with black front doors, tuxedo kitchen cabinets and periwinkle blue bathrooms sell for as much as a $6,000 premiumi. Zillow’s 2018 Paint Color Analysis looked at more … Continue reading Homes with Tuxedo Kitchen Cabinets and Black Front Doors Can Sell Up to $6,000 More than Expected

Vacation Home Markets Haven’t Yet Regained All Their Lost Value

SEATTLE/ June 13, 2018 (STLRealEstate.News) — In places where vacation homes are most common, the housing crisis still shows a noticeable effect on the market. Scattered across the country, vacation home marketsi experienced a steeper run up in home values during the housing bubble, but also a sharper fall. Vacation home markets gained 117 percent … Continue reading Vacation Home Markets Haven’t Yet Regained All Their Lost Value

Birth Rates are Falling Most where Homes are Appreciating Fastest

SEATTLE/ June 11, 2018 (STLRealEstate.News) — The rate of babies being born is dropping the most in counties where home values are appreciating the fastest, according to a new Zillow® analysisi. An extra 10 percentage-point rise in home values is associated with an extra 1.5 percentage-point drop in birth rates for 25-to-29 year old women.  The trend is … Continue reading Birth Rates are Falling Most where Homes are Appreciating Fastest

Zillow Partners with CENTURY 21 Canada; Will Feature Canadian Listings on Zillow This Year

SEATTLE/ June 8, 2018 (STLRealEstate.News) — Zillow®, the leading real estate and rental marketplace in the U.S., announced today that it will receive a direct listing feed from CENTURY 21 Canada. Since most (79 percent) U.S. home buyers shop online for homes, Zillow will drive exposure of Canadian real estate listings to the millions of … Continue reading Zillow Partners with CENTURY 21 Canada; Will Feature Canadian Listings on Zillow This Year

Less Than 10 Percent of Homeowners Are Underwater on Their Mortgages

SEATTLE/ May 30, 2018 (STLRealEstate.News) — More than a decade after the housing market collapsed, the recovery has passed another milestone. The share of homeowners who owe more than the value of their home is 9.1 percent, falling below 10 percent for the first time since the housing market fell, according to Zillow®’s 2017 Q4 Negative Equity … Continue reading Less Than 10 Percent of Homeowners Are Underwater on Their Mortgages

Experts Predict Next Recession Will Begin in 2020

SEATTLE/May 22, 2018 (STLRealEstate.News) — The United States will likely enter the next recession in 2020, according to the 2018 Q2 Zillow® Home Price Expectations Surveyi. The quarterly survey, sponsored by Zillow and conducted by Pulsenomics LLC, asked more than 100 real estate experts and economists about their predictions for the housing market, including when … Continue reading Experts Predict Next Recession Will Begin in 2020

Share of Millennials Living with Mom on the Rise

SEATTLE/ May 10, 2018 (STLRealEstate.News) — More millennials age 24-36 live with their moms than at any time in the past decade, according to the latest Zillow® analysis[i]. Nearly a quarter of U.S. millennials are living at home with their mom, which translates to about 12 million young adults nationwide. Despite a strong economic recovery, … Continue reading Share of Millennials Living with Mom on the Rise