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Posted in Zillow Research
VA Loan Benefit Can Mean Big Savings for Military Households
At a time when homes are more expensive than ever in many markets across the U.S., taking advantage of Veterans Affairs (VA) loan benefits can save military and veteran households about $20,000 on average over the life of a 30-year mortgage, and much more ...
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Posted in Products, Zillow Research
How Zillow Offers was Built to Thrive in Any Kind of Market
The booming housing market of the past near-decade is slowing and there is growing consensus among economists that the second half of 2020 will mark the start of the next recession in the United States. Though most experts do not see the housing market as ...
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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 ...