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...
The U.S housing shortage reached 4.5 million homes in 2022, according to a new data analysis from Zillow (NASDAQ:Z, ZG), up from 4.3 million in 2021. Zillow determined there were roughly 8.09 million “missing households” – individuals or families living...
Two new data reports have found housing supply is starting to outpace demand, with a surge of new listings being seesawed by a growing deficit of buyers. Zillow (NASDAQ:Z, ZG) is reporting new listings of houses rose by nearly 13% from one year ago, while the level...
Zillow (NASDAQ:Z, ZG) has dubbed Phoenix as the best housing market for this year’s college graduates. Zillow analyzed the nation’s major metro markets to determine the best combination of rental affordability and concessions, job prospects and a population of...
The homeownership rate for Black households has grown faster than average since 2019, though it is still lower than its peak from 20 years ago. According to a new data report from Zillow (NASDAQ:Z, ZG), nearly 46% of Black households own their home, down from its...