Buckle up, folks. If you thought the Case-Shiller numbers out this morning for March were eye-popping, just wait until next month. Our updated forecast indicates that the April 20-City Composite Case-Shiller Home Price Index (non-seasonally adjusted [NSA]) will rise 12.1 percent on a year-over-year basis, while the 10-City Composite Home Price Index (NSA) will increase [...]

Today, the S&P/Case-Shiller Home Price Indices showed that the non-seasonally adjusted March 10- and 20-City Composites rose 10.3% and 10.9% on a year-over-year basis, in line with Zillow’s forecast released last month. On a seasonally adjusted monthly basis, the 10- and 20-City Composites rose 1.4% and 1.1% from February to March. The table below shows how our [...]

All real estate is local, so we’re introducing our Zillow Market Overview reports, which summarize what’s going on in local metros across the country. The reports address the rental and ownership markets and provide a quick and informative look at the current status of the real estate market. The rentals overview (pictured to the left) [...]

According to the first quarter Zillow Negative Equity Report, the national negative equity rate continued to fall in the first quarter of 2013, dropping to 25.4% of all homeowners with a mortgage from 27.5% in the fourth quarter of 2012. The negative equity rate has been continually falling for the past  four quarters, with the [...]

Zillow’s April Real Estate Market Reports, released today, show that national home values rose 0.5% from March to April to $158,300 (Figure 1). On a year-over-year basis, home values were up 5.2% (Figure 2) from April 2012. The last time national home values were at this level was in June 2004. Rents were up 3.9% [...]