Consumer Confidence Reaches 5-Month High Despite Recession Fears
America's big spenders sprang back into action in September, but when it came to home purchases, consumers weren't quite so confident
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
Sun Belt Buyers Are Backing Out of Home Purchases
Homebuyers in popular Sun Belt cities are second guessing home purchases amid surging mortgage rates and slower activity from competing buyers
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
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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
Housing Markets
A Record Share of Buyers Are Relocating for Affordability—Here’s Where They’re Going
As the cost of living soars in coastal job centers, homebuyers are migrating in mass numbers to these affordable metros
Housing Markets
As Home-Price Correction Spreads, These Housing Markets See Biggest Changes
After months of rising mortgage rates and slower sales activity, these overheated housing markets are seeing the most significant price reductions
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
New-Home Sales
Home Sellers Are Retreating as Higher Mortgage Rates Price Out Prospective Buyers
Mortgage rates surged to 6% at the end of August, and as a growing number of homebuyers back away from the for-sale market, home sellers are following suit
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
New-Home Sales
All-Cash Purchases Made Up One-Third of Home Sales in July
The share of U.S. homes bought with all cash is still above pre-pandemic levels after a surge in all-cash purchases during a two-year housing boom
