A record number of 242 cities have starter homes valued at $1 million or more, up from 226 one year ago, according to a new data report from Zillow. Traditionally, a starter home is defined as a home in the lowest third of home values in a given market. But as the...
A new forecast from Zillow (NASDAQ: Z, ZG) is predicting that mortgage payments on a typical home will be affordable in 20 major metropolitan areas by the end of the year. If the forecast is correct, that would be highest level since 2022. In presenting its forecast,...
More properties are coming on the market than being sold, according to a new data report from Zillow (NASDAQ: Z, ZG). During April, Zillow found the quantity of new listings were up 9.8% from March and up 7.6% from one year earlier, outpacing sales nationwide. New...
Half of all states have at least one city where starter homes costs begin at $1 million, according to new data from Zillow (NASDAQ: Z, ZG). Today, a starter home – defined for this analysis as being among those in the lowest third of home values in a market – is worth...