Zillow

Home Value Growth Expected to Re-Accelerate Just in Time For Home Shopping Season (January 2020 Market Report)

The typical home in the U.S. is worth $245,193, up 3.8% from a year ago. There were 1,500,262 homes listed for sale in January, down 8% from a year ago. Typical U.S. rent grew 2.3% year-over-year, to $1,602. Annual U.S. home value growth slowed for the 21st consecutive month in January, but you have to …

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Looking for the Housing Markets Most Likely to Outperform in 2020? Look South

A collection of relatively affordable, sun-belt markets are among those in which home value growth in 2020 is most expected to outperform the national average, according to a panel of experts recently surveyed by Zillow. As part of the Q4 2019 Zillow Home Price Expectations Survey, sponsored by Zillow and administered by Pulsenomics, a panel …

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On the Move: Why Young Adults Today Are More Mobile Than Previous Generations

The share of 25- to 34-year-olds who have lived in their current home for fewer than two years rose from 33.8% in 1960 to 45.3% in 2017. Among large metros, the biggest increases in the share of young people with short home tenures were in Boston, Pittsburgh, Detroit and Philadelphia. The majority of young adults …

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Home Value Cooling Is More About Changes in Demand Than Supply (March 2019 Market Report)

The market has begun to cool, with the median home value nationally climbing in March by less than 7% annually (to $226,700) for the first time in more than two years. Home values are growing especially slowly in some markets that until recently were among the country’s hottest. While values in most major metros continue …

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‘Lazy’ Millennials Do More Work When Buying, Selling Homes

An overhyped stereotype about millennials is that they’re entitled narcissists who can’t be bothered to do homework, legwork or even stash a few dollars in the bank (see avocado toast). That caricature can be taken apart in many ways – including by research from the Zillow Group Consumer Housing Trends Report that shows millennial home …

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For First Time in 5 Years, Buyers Have More Selection to Start the Year (January 2019 Market Report)

U.S. for-sale home inventory increased 1.2 percent from a year ago. The largest inventory increases were seen in softening but still competitive West Coast markets. The typical U.S. home was worth $225,300 in January, 7.5 percent more than a year ago. The median rent rose 2.1 percent over a year ago to $1,468, the third …

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