20-Year High Mortgage Rates Won’t Crash the Housing Market—Here’s Why
Elevated borrowing costs are sidelining a growing share of prospective buyers, but today's market players are better protected than they were during the Great Recession over a decade ago
As Mortgage Rates Surge to 7%, Buyers Face Shrinking Window of Opportunity
Housing affordability recently took another hit as the 30-year fixed mortgage rate reached 7%, and a growing number of prospective buyers are struggling to stay in the game
What to Expect From a Buyer’s Market in 2023
As home sales slow and sellers adjust their asking prices, buyers are gaining a bargaining advantage that could make home purchases easier for some in 2023
Home Prices Dropped at a Record Pace in July—Here’s Where They Fell the Fastest
U.S. home prices fell at the fastest rate in the history of S&P Case-Shiller Index in July, but not all markets are decelerating at an equal pace
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Market Data + Trends
U.S. Home Prices Could Fall 20% By Next Summer, Experts Say
The housing market is in the throes of a major post-pandemic slowdown, and according to some of the nation's top economists, that could lead to substantial price drops in the year ahead
Market Data + Trends
The Fed Ups Its Pressure on the Housing Market, Amplifying Recession Fears
The Federal Reserve raised the 30-year fixed-rate mortgage yet again on Wednesday, and with more gains expected in the months ahead, housing experts warn a recession could soon follow
Market Data + Trends
Housing Demand and Supply May Be Falling, but Home Prices Haven’t Stopped Rising
The housing market is rebalancing after years of red-hot home sales, but while supply and demand are falling, home prices have yet to fall from record highs
Financing
What the Fed’s Most Recent Rate Hike Means for Homebuyers—Good and Bad News
The 30-year fixed-rate mortgage just surpassed 6%, and while pricier borrowing costs will push homeownership out of reach for some would-be buyers, others will benefit from less competition and more bargaining power
New-Home Sales
Luxury Home Sales See Biggest Drop on Record Due to Rising Interest Rates
Luxury buyers are pressing pause on high-end home purchases after the most recent interest rate hike, which will make monthly payments thousands of dollars more expensive for million-dollar properties
Affordability
Mortgage Volatility Poses Extended Challenges for Buyers and Homeowners
For two years, buyers and homeowners have been rocked by historic home price increases and rising mortgage rates, and a worsening affordability crisis may still be far from over
Financing
What the Federal Reserve's Latest Rate Hike Could Mean for the Housing Market
Mortgage rates have finally topped 6%, and with more gains on the horizon, experts warn that the U.S. housing market could be moving toward a recession
Financing
Why the ‘Lock-in’ Effect Is Prompting Homeowners to Stay Put
New listings are falling across the U.S. as homeowners refuse to sacrifice their low interest rates for new homes with more expensive housing costs
Market Data + Trends
Zillow’s 2022 Consumer Housing Trends Report Reveals New Challenges for Today’s Buyers
Buying a home looks a lot different today than it did prior to the COVID-19 pandemic, but despite new obstacles for today's buyers, some consumer trends have remained the same
Market Data + Trends
Housing Experts Forecast Falling Home Prices in the Next Phase of a Market Correction
Housing experts warn that the second stage of a market correction could be underway. Here's what that means for prospective buyers
