First-time homebuyers now make up 45% of current homebuyers, according to Zillow. The numbers represent a rebound from the lows of the pandemic.
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Category: Zillow
Risk of flooding influencing homebuyer decisions
The analysis found an increase in mortgage denials and in potential borrowers withdrawing mortgage applications in areas with an elevated risk of flooding.
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American Home Shield: Average home sizes vary dramatically across the U.S.
The average median home size varies drastically across the country, according to American Home Shield’s 2022 American Home Size Index.
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Share of ARM applications hits highest percentage in 15 years
More borrowers are turning to adjustable-rate mortgages to save money as interest rates climb.
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Zillow brings Opendoor offers to its platform
Sellers using Zillow may request and view an offer directly from Opendoor and compare it to an open-market sale with a real estate agent.
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New Zillow tool helps military vets find VA loan-eligible condos
The tool takes the guesswork out of the home-shopping process by highlighting condos eligible for Veterans Affairs (VA) loans.
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Half of Americans are brought to tears while buying a home
A new Zillow survey revealed that 50% of Americans cry while buying a home, with Gen Z and millennial buyers far more likely to shed tears at least once during their home-buying journey.
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Johns Creek makes Zillow top 10 hottest markets list
As suburban home value growth surpasses that of urban homes, the most popular areas appear to be outside the city — with Johns Creek ranking high on the national list.
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Zillow 3D Home tours now available on Redfin
Zillow 3D Home tours, which offer interactive, 360-degree views of listings, will now appear on Redfin automatically — with no additional steps required from agents.
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Federal judge dismisses counterclaim against REX in ongoing legal dispute with NAR and Zillow
A federal judge dismissed the countersuit brought by the National Association of REALTORS® against Real Estate Exchange Inc.
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