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Housing Market Cooldown Continues as Inventory Increases in December

Housing Market Cooldown Continues as Inventory Increases in December

The U.S. housing market showed continuing signs of cooling in many of the nation’s largest metros in December. According to realtor.com’s December housing report today, the largest markets saw a 10 percent increase in inventory, compared to a nationwide average of 5 percent, as time on market decelerated, listing price growth slowed and price cuts increased. Homes […]

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Fewer Americans Are Refinancing Mortgages

Fewer Americans Are Refinancing Mortgages

Refinance mortgage originations are way down in the U.S. these days, according to new data from property database curator ATTOM Data Solutions. ATTOM Data Solutions has released its Q3 2018 U.S. Residential Property Mortgage Origination Report, which shows that 681,455 refinance mortgages secured by residential property (1 to 4 units) were originated in the third […]

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Unpaid Federal Workers Owe $438 Million in Mortgage and Rent Payments This Month, Zillow Finds

Unpaid Federal Workers Owe $438 Million in Mortgage and Rent Payments This Month, Zillow Finds

The effects of the federal government shutdown on the housing market are wide-ranging and personal — unpaid workers still have to pay their mortgage or rent, while aspiring homeowners might see their loans in limbo, according to a new report from Zillow. About 800,000 workers aren’t being paid (about 380,000 are furloughed and another 420,000 […]

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Homelessness Rate Increases Faster in Least Affordable Rental Markets

Homelessness Rate Increases Faster in Least Affordable Rental Markets

Rising rents across the country are burdening financially limited renters, and contributing to higher rates of homelessness in many of the nation’s least affordable markets, according to a report from online real estate company Zillow. The U.S. Department of Housing and Urban Development (HUD) estimates that 553,752 people nationwide experienced homelessness in 2017, based on […]

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America’s Friendliest, Most Spirited and Most Dog- and Kid-Friendly Neighborhoods, According to Trulia

America’s Friendliest, Most Spirited and Most Dog- and Kid-Friendly Neighborhoods, According to Trulia

Trulia, a home and neighborhood site for homebuyers and renters, has announced the national and local winners of The 2018 Neighborly Awards. Nearly 10,000 neighborhoods spanning coast to coast were ranked based on more than 20 million written reviews and answered polls by participating locals on Trulia Neighborhoods’ What Locals Say feature. Trulia announces national and […]

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Millennial Home Buyers Most Likely to Put Less Than 20% Down, Zillow Finds

Millennial Home Buyers Most Likely to Put Less Than 20% Down, Zillow Finds

Saving for a down payment is the biggest hurdle to home ownership, and the size of that down payment sets the stage for the entire home shopping experience. It can make the difference between a monthly mortgage payment that’s affordable and one that stretches a household’s budget too thin. The 2018 Zillow Group Consumer Housing Trends Report analyzed home […]

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U.S. Home Flips Down 12 Percent in Q3 2018 to 3.5-Year Low, According to ATTOM Data Solutions

U.S. Home Flips Down 12 Percent in Q3 2018 to 3.5-Year Low, According to ATTOM Data Solutions

A total of 45,901 U.S. single family homes and condos were flipped in the third quarter of 2018, down 12 percent from a year ago to the lowest level since Q1 2015 — a 3.5-year low, according to new data from property database curator ATTOM Data Solutions. The company, in its Q3 2018 U.S. Home […]

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Rising Seas Threaten Hundreds of Thousands of Homes

Rising Seas Threaten Hundreds of Thousands of Homes

Some 386,000 U.S. homes today are likely to be at risk of regular flooding by 2050 because of sea-level rise from climate change, under a scenario of unchecked greenhouse gas emissions, according to a new analysis by online real estate company Zillow and Climate Central. What’s more, America’s coastal communities have recently built thousands of […]

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