zillow analysis

Mortgage rates top 7% for the first time since 2002, chilling L.A. housing market

The average rate on a 30-year fixed-rate mortgage rose above 7% for the first time since 2002, according to a widely watched survey from Freddie Mac.

Why You Might Want to Skip the Starter Home

Some 45 million Americans are expected to reach the typical first-time home buyer age in the next decade, which is a fresh 34 years old. This is 7.4% more than the 41.8 million individuals currently aged 35-44, per a new analysis from Zillow. In short, this means there’s the potential for even more demand than… Read More »Why You Might Want to Skip the Starter Home

The post Why You Might Want to Skip the Starter Home appeared first on The Truth About Mortgage.

Home buyers get some relief as mortgage rates come off 7% highs

Mortgage rates are roughly double year-ago levels but have fallen from their 7% highs. That’s providing at least some relief to potential home buyers.

Is Buying a ‘Starter Home’ Still Smart?

Your parents’ rite of passage may not make sense for you.

Rising mortgage rates are sending home prices lower

After a decade of largely uninterrupted gains, Southern California home prices are now falling, the result of rising mortgage rates that have squashed demand.

Here’s the Average Retirement Age in Your State

Are you on track to retire at the same age as most residents of your state?

Thanks to More Data and Great Minds, Zestimate Accuracy Is Improving

Technical advances mean Zestimates are computed in nearly real time. And now data scientists, engineers and visionaries from around the world are focusing on them, too.

Homes With Blue Bathrooms Sell for $5,440 More Than Expected

For-sale listings with cool, neutral wall colors sell for more money, according to Zillow analysis.

Zillow forecasts strong housing demand for years to come

Real estate giant Zillow said in a report last week that it believes housing demand will remain strong for years to come as buyers try to make up for lost time caused by the impact of the Great Recession last decade. In its most recent analysis, Zillow said that low rates of household formation since […]

The post Zillow forecasts strong housing demand for years to come appeared first on RealtyBizNews: Real Estate News.