The total value of the U.S. housing market is now 49% higher than the level at February 2020, the period before the start of the Covid-19 pandemic. According to data from Zillow Group (NASDAQ:Z, ZG), the housing market’s total value is slightly less than $52 trillion,...
The typical U.S. home value rose above the $350,000 mark for the first time in June, according to new data from Zillow (NASDAQ:Z, ZG). Last month, the typical home value reached $350,213, up 1.4% from and almost 1% higher than the level set in June 2022. Home values...
The concept of keeping up with the Joneses has a new digital twist as most younger Americans go online to spy on the value of their friends’ homes. According to a new survey by Mphasis Digital Risk of 1,386 adults ages 46 and younger, the majority (66%) acknowledged...
U.S. home values grew by 1.4% from April to May, the strongest monthly appreciation since last June, according to new data from Zillow Group (NASDAQ:Z, ZG). The home value as of May was $346,856, up 0.9% year-over-year. Zillow Senior Economist Jeff Tucker noted the...
American homeowners did not receive a vote of confidence from Elon Musk, who predicted the nation’s home values will be collapsing sooner rather than later. The Tesla (NASDAQ:TSLA) chieftain offered his doom-and-gloom prophecy on Twitter in response to comments made...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
