Cory Hopkins manages data public relations for Zillow. To learn more about Cory, click here
The number of American homeowners in negative equity — or “underwater,” owing more on their mortgages than their homes are worth — continues to fall. But even if homeowners are no longer underwater, they still may be stuck in their current homes.
There are many difficult choices to make when deciding whether to rent or buy a home, but one of the most important factors is also among …More
Zillow firmly believes that free and open access to data of all kinds – from real estate information to demographic, education and crime statistics – can …More
The annual rate of U.S. home value appreciation slowed in March, to 5.1 percent from 5.4 percent in February, a sign of moderation in a market …More
Stagnant income growth and a lack of flexible mortgage finance opportunities for home buyers are among the main concerns going forward, top economists and policymakers said recently at the Zillow-sponsored Forum on the Future of Housing.
Zillow researchers have determined that low mortgage rates are overshadowing a bigger overall trend in which the overall prices of homes are significantly more expensive than historic norms relative to annual incomes.
February represented the 16th straight month of home value gains since the market hit bottom in October 2011.
The overall number of homes listed for sale nationwide on Zillow was down 16.6 percent year-over-year in late February.
The strong momentum the housing market built up in 2012 has officially carried over into 2013, as home values rose to $158,100 last month.
The overall percentage of all homeowners with a mortgage in negative equity fell to 27.5 percent at the end of the fourth quarter, according to Zillow’s fourth quarter Negative Equity Report.
