Countless case studies have established a connection between education and homeownership: generally, college graduates are more likely to own a home than non-graduates. A new study out of Trulia now shows that career stage, level of education and location can have varying degrees of influence on homeownership rates. Being college-educated typically boosts earning potential, which […]
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Housing markets most squeezed by inventory shortages in recent years are seeing listings come off the market in record time. The recently released Trulia® Inventory and Price Watch identifies an ongoing trend in the housing market: the more inventory declines, the less time homes spend on the market. Supply kept falling in the second quarter […]
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Will they, or won’t they? Whether millennial renters would make the transition to homeownership has been hotly debated since the housing crisis—and now, there is more evidence pointing to the affirmative. According to a recent report by the Wall Street Journal, home builders are starting to double back on starter home production, recognizing valid demand […]
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Housing has made headway in the decade since the onset of the recession, but, according to a new report by Trulia, there is still room for improvement in the recovery. Approximately 34 percent of homes have values that exceed their peaks from before the recession, the report shows, despite many indicators, such as the S&P […]
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Zillow Group’s RealEstate.com officially launched Tuesday, offering homebuyers a search experience that presents the total cost associated with owning a home. Zillow Group first announced the new brand in March, stating it will source listings for the site directly from brokerages, franchises and MLSs. On RealEstate.com, buyers have the ability to search for a home […]
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The homeownership rate clung to 63.6 percent in the first quarter of 2017, virtually unchanged from 63.7 percent the quarter prior and 63.5 percent the year prior, according to the U.S. Census Bureau’s recent Quarterly Housing Vacancies and Homeownership report. Will it ever budge? The answer, potentially, lies in a different statistic. An analysis of […]
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For Wyllys Mann, director of Strategic Innovation at Baird & Warner, an independent real estate firm serving the greater Chicagoland area, the decision to partner with Zillow Group to improve and enhance the brand’s online presence—as well as that of their 2,200-plus agents—was not only a no-brainer, but one that’s proven to be advantageous across […]
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