Featured Articles
U.S. Zillow Home Value Index
$189,400
September 2016
Monthly Change in U.S. Home Values
0.5%
September 2016
Annual Change in U.S. Home Values
5.5%
September 2016
U.S. Zillow Home Value Forecast
2.9%
September 2017
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Rapid Reaction: October Jobs Report
The number of nonfarm U.S. jobs rose by 161,000 in October, versus consensus expectations for a gain of 175,000 jobs according to the Bureau of Labor Statistics’ October jobs report.
Getting a Mortgage was Easier Overall in 2015, But Remains More Challenging for Minorities
Newly released mortgage application, approval and denial data from the Home Mortgage Disclosure Act show that getting a mortgage continued to get somewhat easier in recent years, a boon to buyers otherwise concerned with fast-moving inventory and intense competition. But despite improvement overall, there remain stark differences in mortgage denial rates and the ease of getting a mortgage between whites and minorities.
It's True: The Country's Most Expensive Housing Markets Are Creating the Most Jobs
However you look at it, the nation’s most expensive housing markets are home to a growing share of the nation’s jobs.
Value Add: How the Gap Between the Bottom and Top of the Housing Market is Widening
The gulf between the housing haves and have-nots has widened considerably over the past two decades, as top-tier homes gained more value than less valuable, more entry-level homes and bottom tier homes in general lost more of their value during the housing bubble bust.
Rapid Reaction: Q3 2016 Homeownership Rate
The Q3 2016 homeownership rate ticked up to 63.5 percent from 62.9 percent in Q2 on the back of strong owner household formation, but remains down slightly from Q3 2015, according to the U.S. Census Bureau.
Key Takeaways from the September New Home Sales Report
September new home sales increased 3.1 percent from August and 29.8 percent from a year ago, to 593,000 units at a seasonally adjusted annual rate (SAAR), according to the Census Bureau. The annual gain represents the largest year-over-year increase since February 2015.