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Zillow’s Prediction for the Hottest Major Housing Market Is…

Zillow’s Prediction for the Hottest Major Housing Market Is…

by Phil Hall | Jan 7, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homebuyers in search of a hot housing market are being advised to shuffle off to Buffalo – Zillow (NASDAQ: Z, ZG) has named the upstate New York city as its hottest major housing market for 2025. This is the second straight year that Zillow has praised Buffalo’s...
Zillow Forecasts Homebuying Upswing for 2025

Zillow Forecasts Homebuying Upswing for 2025

by Phil Hall | Nov 25, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new forecast from Zillow (NASDAQ: Z, ZG) is pointing to increased homebuying activity during 2025, although market challenges could slow its progress. Zillow is predicting 4.3 million in existing home sales during the coming year, up slightly from 4.1 million in...
Study: One-Third of Property Managers Offer Concessions on Rental Housing

Study: One-Third of Property Managers Offer Concessions on Rental Housing

by Phil Hall | Aug 12, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new study from Zillow Group (NASDAQ: Z, ZG) found 33.2% of rental listings on the Zillow platform offer concessions such as free weeks of rent or free parking as an incentive to attractive prospective tenants. This is up slightly from 33% in June and 25.4% one year...
Zillow: Price Cuts on One-in-Four Listings in June

Zillow: Price Cuts on One-in-Four Listings in June

by Phil Hall | Jul 16, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly one-quarter of listings (24.5%) received a price cut during June, according to new data from Zillow (NASDAQ:Z, ZG). Last month’s share marked the highest rate at this time of year since Zillow began tracking this data in 2018. Zillow also noted that home value...
Zillow: Americans Need to Put More Than $127K Down for Typical House

Zillow: Americans Need to Put More Than $127K Down for Typical House

by Phil Hall | Jun 20, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A home buyer making the median income will need to put down nearly $127,750, or 35.4%, to afford a typical U.S. home valued at about $360,000, according to a data analysis from Zillow (NASDAQ:Z, ZG). In some markets, the costs are more burdensome. For example, a...

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