Posts Tagged Home Prices

California Captured One-Third of the National Housing Recovery

California Captured One-Third of the National Housing Recovery

The California housing market accounts for nearly one-third of the value gained during the nationwide housing recovery, according to online real estate company Zillow. The Golden State’s total housing value has grown by $3.7 trillion since early 2012. It is the only state that has gained more than $1 trillion in value since the market fell. Overall, the U.S. housing market […]

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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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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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Buyers Gaining Negotiating Power in Some Surprising Markets, Zillow Finds

Buyers Gaining Negotiating Power in Some Surprising Markets, Zillow Finds

After years of competitive bidding wars and rising prices, a Zillow data analysis shows it might finally be a good time to buy a home in many U.S. markets. Zillow researchers looked at three factors to determine which of the largest U.S. housing markets are becoming more buyer-friendly and found that some previously prohibitively competitive […]

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Where One Dollar Will Get You the Most Living Space

Where One Dollar Will Get You the Most Living Space

Online real estate company Zillow has figured out where one dollar will buy you the most home. It’s no secret that housing prices have been quickly climbing over the past decade — the median home value in the U.S. is higher than ever before, at almost $220,000, and some markets, like San Jose, Las Vegas and Atlanta, are reporting double-digit […]

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Homebuyers Will Have Less Choice and Pay More this Spring, According to Nationwide Report

Homebuyers Will Have Less Choice and Pay More this Spring, According to Nationwide Report

Finding a home to buy is getting more difficult according to the latest Nationwide Health of Housing Markets Report (HoHM Report) from insurer Nationwide. High demand and an ultra-low level of homes for sale is driving rapid price increases and – more importantly for prospective buyers – less time on the market. “As we head into spring […]

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