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The Latest Breaking News from Zillow

You'll need more than $100,000 in income to afford a typical home, studies show

Two recent studies suggest that prospective homeowners will have to earn more than $100,000 annually to afford a typical home in much of the U.S.

WEKU

Traders May Enjoy ‘Double Duty’ With Zillow (Z) Options

A legal settlement may end up lowering broker commissions on real estate sales, hurting a key revenue stream for Zillow. Still, traders can play both sides of Z stock.

Barchart

Your Guide to the Housing Market in 2024

The challenging housing market conditions that dominated 2023 are easing, but buyers and sellers must take action to stay ahead.

Kiplinger

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This Marketing VP Swapped NYC for Gainesville, Florida to Afford a $250,000 Two-Bedroom Cottage

"I didn't want to 'wait' until I had a partner."

Marie Claire

June Best Month To List Homes For Sale

Learn about the best time to list homes for sale, impact of mortgage rates on buyer activity, and recent trends in the housing market.

Top News

BILT Credit Card: Rent Payments Earn Big Rewards

With the BILT credit card, get travel rewards on rent payments and grow your credit score.

Kiplinger

How a Black Miami neighborhood became ‘ground zero for climate gentrification’

A documentary, Razing Liberty Square, examines the plight of families in Liberty City as developers ‘revitalize’ community on desirable higher land

The Guardian - US

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These are the top Zillow search terms of 2023 – people want fireplaces, walk-in closets, and (unexpectedly) granite counters

Zillow released its top 10 search terms of 2023, and fireplaces, walk-in closets, open floor plans and granite countertops made the list. This is what H&G editors think about the trends

Homes & Gardens

50 Images Of “Cursed” Cats Causing Mayhem Everywhere They Go

We've had cursed cakes, cursed shirts, even cursed Zillow ads. But now, it's time for cats. The post 50 Images Of “Cursed” Cats Causing Mayhem Everywhere They Go first appeared on Bored Panda.

Bored Panda

5 renovation projects that will add value to your home in 2024

The renovations projects that will add value to your home in 2024, and a couple that definitely won't.

Homes & Gardens

There’s a flicker of life in the housing market as average mortgage payments plummet nearly $400 over 2 months and buyers start to stir again, Redfin says

The median mortgage payment fell 14% to $2,361 in December from a record high in October, when mortgage rates hit a 23-year peak.

Fortune

Zillow’s chief economist published a New Year’s ‘Housing Market Resolutions’ list. It reveals just how bad the situation is

From the lock-in effect, to the housing shortage, to mortgage rates and more—here’s what Zillow’s chief economist is wishing for in this year’s housing market.

Fortune

End 2024 in Style. Buy These 3 Unusually Active Options to Hold Until 2025.

While it's unknown how the major indexes will perform in 2024, the past year that's nearly in the books has been good. Several long-duration options were unusually active on Thursday. Here are three to hold until 2025.

Barchart

Buying a typical home now takes up a record 40% of your income, but Zillow expects that to ease ‘just a bit’ in 2024

Homebuyers will have more housing options and “a bit more affordability breathing room,” Zillow’s economists predict in a recent report.

Fortune

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Fortune

Home prices could drop next year, but don’t expect that to solve the affordability crisis, bank exec says

Morgan Stanley forecasts a 3% drop in home prices next year—just half of the 6% price increase this year.

International Business Times

Zillow Cuts Estimate For Home Prices In 2023

High mortgage rates and the increase in the inventory of homes for sale are putting downward pressure on prices.

The Guardian - US

Why we can’t stop looking at homes we’ll never own

Property listings are Elle Hunt’s biggest weakness. Introducing her new column about modern happiness, why am I like this?

Fortune

Housing affordability is so strained that 1 in 5 couples ask for down payment cash on their wedding registry. Your friends and family would rather give you cash to go to Mexico

Home prices are soaring, and down payment funds are becoming popular wedding registry items. But couples receive more on average asking for a honeymoon.

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Fortune

Housing market affordability is so bad that Zillow says it will take you 13.5 years to break even on a purchase from July onward

This ‘crucial milestone’ that signifies financial stability will be lost on new homeowners for more than a decade.

Fortune

Real-estate industry rocked by $1.8 billion verdict finding ‘conspiracy’ to force sellers to pay illegal commission fees

Warren Buffett's HomeServices was among the defendants found liable for a verdict that could climb to more than $5 billion.

Fortune

Zillow revises its 2024 home price forecast downward for second month in a row. Here’s why

Are we on the brink of a "housing recession" as existing home sales plummet to 2010 levels? Zillow is doubling down on its prediction on home prices.

Fortune

The housing winter arrives early as existing-home sales crash to Great Recession levels and the long-feared ‘deep freeze’ sets in

Zillow warned in May that housing would enter a “deep freeze” if mortgage rates hit 8%. They came anyway—and existing home sales hit a 13-year low.

Fortune

The U.S. housing market has gotten so expensive that income would have to jump 55% to make buying 'affordable,' real estate executive says

Personal incomes would have to soar to make up for the higher home payments created by rising mortgage rates.

Zenger

U.S. Housing Boom Benefits Downsizers As Market Soars

Appreciation in property values creates windfall for homeowners looking to downsize, says Zillow economist.

Kiplinger

When Renting Is Smarter Than Buying

There are some situations when renting is smarter than buying. You're not necessarily throwing your money away when you rent.

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