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Posted in Zillow Research
Inventory Gains Were Erased During the 2019 Home Shopping Season
Inventory gains built up over six months in 2018 and early 2019 were wiped out completely – and then some – during this year’s home shopping season as inventory has fallen to its lowest level since at least 2013. The housing trends that we’ve seen ...
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Posted in Zillow Research
What $1 Million Can Buy in Today’s Housing Market
For $1 million, you could be new owner of a 1938 Superman comic book, a Porsche 918 Spyder, or a 35-carat diamond ring. What that same $1 million will get you as a home shopper can range widely – from a one-bedroom condo to a mansion – depending on ...
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Posted in Zillow Research
Latinx Homeownership Rate Growing Nationally, But Inequity Persists
Unaffordability and racial inequity combined since the start of the last century to compound a gap between the Hispanic and white homeownership rates. The homeownership rate gap sat at 25.8 percentage points just four years ago. Despite recent gains, the ...
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Posted in Zillow Research
Zillow Research: How Debt Impacts Home Buying
Personal debt – particularly credit card, student loan and medical – tremendously impacts the type and features of home someone can afford, their timeline for buying, their ability to afford an adequate down payment and, ultimately, whether or not ...