Data Show Most Americans Are Struggling to Afford a Home
40.5 million households can only afford to purchase a $150,000 home
US Single-Family Housing Inventory Is Up but Still Below Pre-Pandemic Levels
Housing inventory increased by 83% from the record low for the same week in 2021
Single-Family Rent Growth Remains Elevated, Despite Dip in Multifamily Rental Rates
Multifamily rent growth, specifically, is decelerating since its year-over-year peak of +16.3% in 2022, but in many markets, single-family rents are continuing to rise
How Smart Technology Can Help Homes Sell Faster
Homebuyers are actively seeking out smart features to increase their homes' resale value
How Much Must American Renters Earn to Afford Average Rental Prices?
US rents have increased 3.6% year-over-year, pushing the amount renters must earn to afford average rents to around $80K
Survey Shows Confidence Drop in Multifamily Development in Q1 2024
Current sentiment has NAHB projecting that multifamily starts will decrease by 28% during 2024 as developer activity slows
Housing Markets
These Spillover Markets Are the Hottest in the Country
Spillover, or secondary, markets are dominating real estate as more buyers move to less dense, more affordable, and spacious areas. The metros…
Construction
Record Share of Homes on the Market Have Yet to be Constructed
According to the Census Bureau, 307,000 homes were listed for sale at the end of January, but only 13.7% of those homes are built. As record low…
Market Data + Trends
Where Do the Millionaires Live?
The number of million-dollar earners is on the rise, with less than three in every 1,000 taxpayers earning more than $1 million in 2018, according…
Market Data + Trends
Pandemic Gives Way to Record Rise in Multigenerational Living
The share of multigenerational homebuyers advanced from 11% to 15% during the pandemic, pointing toward another trend resulting from the pandemic…
Design
Back to the Basics: Tips for Designing an Authentic Home
Designers say authenticity sells when it comes to streetscapes and elevations, but how can a builder construct an authentic design? Architect Tom…
Market Data + Trends
Home Prices Jumped Double-Digits in December, Highest Pace Since 2013
Despite being known as the slowest month for the housing market, December home prices advanced 10.4% from 2019 to 2020. This marks the highest…
Market Data + Trends
Widespread Vaccinations Would Make 14 Million Homeowners More Comfortable Moving
Half of the respondents to Zillow’s recent survey say they would be largely comfortable with moving homes now, while 70% said they would feel…
Market Data + Trends
Existing Home Sales Inch Forward in January
Existing home sales inched forward last month, but the same could not be said of housing inventory, which remained 26% lower than last year.…
Regional Builders
Californians Are Fleeing the Golden State—What’s Keeping its Housing Market Strong?
Despite residents escaping California’s high housing costs and fleeing to nearby states, its southern market remains resilient, with homes selling…
Market Data + Trends
Home Values Increase Up to 9% Year-Over-Year Nationwide
Zillow’s January market report shows steady growth for home values, shortened listing time, and a strong year for home sales. Home values…