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The Latest Breaking News from Zillow

Solo renters are paying a $7,000 ‘singles’ tax this year to live alone

“Renters considering going solo this year must decide how valuable living alone is to them.”

Fortune

Zillow says the home price correction is winding down—here’s what 28 other forecast models have to say

Fortune once again tracked down the latest home price forecasts from 29 of the nation's leading real estate researchers.

Fortune

House with roof shaped like cowboy hat that doubles as balcony goes up for rent

An eco-friendly house with its roof shaped like a cowboy hat in Huntsville, Texas, America, has gone up for rent on property site Zillow for $900 (£750) per month

Daily Mirror

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How many minimum wage jobs do you need to work to rent in Dallas?

In both Dallas and Fort Worth, Texas, it takes more than three full-time minimum-wage incomes for a person to comfortably afford the typical one-bedroom rental home, according to new research from Zillow Group.

Tribune News Service

Colorado considers using public land for affordable housing

Colorado lawmakers are wading into the housing crisis with a proposal to free up vacant parcels of state-owned land that could be leased or sold at a discount for affordable housing projects

The Independent UK

Rent is so expensive that minimum-wage workers need 3 roommates or 4 jobs to afford a two-bedroom apartment

"Renters have been squeezed by record-fast rent growth while incomes haven’t kept up."

Fortune

Mansion snapped up in three days despite being on fire in property listing

A $1.5 million (£1.2 million) mansion in Franklin, Tennessee, America, changed hands in just three days despite burning down in its online property listing, leaving the new homeowner with an extensive list of damages

Daily Mirror

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ChatGPT Enters a New Sector Totally Unrelated to Tech

Listing descriptions generated by ChatGPT have been catching the attention of real estate agents.

The Street

National home prices have further to fall, say 24 leading housing market researchers—while 5 firms think prices have bottomed

Fortune tracked down the latest home price forecasts from 29 of the nation's leading housing researchers.

Fortune

House (Literally) on Fire in Viral Zillow Photo Now Under Contract for $1.5 Million

A wild story emerges about a man who found the perfect house, except there was one major problem.

The Street

Tiny gingerbread house got Zillow listed

As a comment on the squeeze many are feeling in today's brutal real estate market, this prank nailed it

Salon

Moody’s vs. Zillow: Each firm’s 2023 home price outlook for over 300 regional housing markets

Economists are divided as to whether the housing correction is simply a minor setback for home price growth or the early innings of a sharper correction.

Fortune

Charlotte might be the hottest housing market in the country. Here’s why

Charlotte’s housing market will be the hottest in the country this year, a new study predicts, but it’s not all bad news for prospective homeowners.

Tribune News Service

Where will Tom Brady play next? A 4-step investigation guessing the GOAT’s NFL future

To know where Brady will play next, you just have to read the tea leaves.

USA Today Sports Media Group

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Fortune

First-time homebuyers face 3 uphill battles-but help is on the way, according to Zillow's chief economist

First-time buyers' rent payment history doesn't count. One has to get in debt to build credit history. And no one knows about down payment assistance.

The Street

Stitch Fix, Zillow, and Redfin Were Always Doomed to Fail

Stitch Fix, like Zillow and RedFin in the real estate space, used charismatic leaders and the glow of everything digital to cover their broken business models.

Fortune

Interactive map: The home price correction (or lack of correction) in America's 400 largest housing markets

Mark Zandi: The free-fall in home sales will soon bottom out, while the home price correction carries on.

The Independent UK

TikToker mocks Zillow listing for ‘party house’ with urinals in kitchen

‘If you’re drinking so much you cannot take 30 seconds to relieve yourself in the bathroom, then you’re drinking too much,’ the woman said on TikTok.

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The Street

The Features Home Buyers Search for Most

Home affordability is a greater challenge now, and homebuyers’ specific wants and needs are more restrained. These are the features they're looking for.

The Independent UK

Reindeer stables and hot cocoa on tap: Santa’s 25-acre home is worth more than $1m on Zillow

Santa’s North Pole compound consists of an elf village and reindeer stables

The Street

Santa's North Pole Home Gets a Big 'Zestimate'

Real estate site playfully offers its take on the big guy's house.

The Street

Home Price Affordability is Shifting to Surprising States

Single-family home and condo prices peaked in May. Buyers are looking for bargains after the boom.

Axios

U.S. rents drop at the fastest rate in 7 years, per Zillow

It's another sign that inflation is easing.

The Street

These Cities Are the Most Affordable Places to Move

Until recently, people were attracted to the Sun Belt for its warm weather and lack of a state income tax in Texas and Florida.

Fortune

The American Dream of homeownership is hanging on by a thread

For millennials like me, the possibility of homeownership feels like asking, "How do you hold a moonbeam in your hand?"

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