National News
Pending home sales dropped in April, despite two prior months of increases. According to the National Association of Realtors, pending homes sales decreased by 1.3 percent in April. Pending home sales dropped from 107.8 in March to 106.4 in
For the first time since the economic crisis of 2007–08, the share of homeowners who are underwater on their mortgage fell below 10 percent, according to Zillow 2017 Q4 Negative Equity Report. Just 9.1 percent of homeowners owe more
Zillow Group purchased its first home as a part of the Instant Offers program expansion. The purchase marks Zillow’s transition from its role as a real estate media company to a company that partakes in the direct buying and
If Chicago were chosen to be the home of Amazon’s HQ2, the demand for housing would skyrocket. Along with the 50,000 jobs that the new headquarters would bring to the city, home prices would increase significantly as people from around
Millennials may be working hard to buy their dream homes, but many find themselves compromising to fulfill their goals of homeownership. According to a survey from ValueInsured, 85 percent of millennial homeowners compromised when buying their dream house. Survey
The National Association of Realtors pulled its endorsement of Rep. Dana Rohrabacher (R-California) after he made comments saying it was acceptable for people to refuse to sell their homes to gays and lesbians. Wayne Woodyard, a former Orange County
Existing-home sales dropped in April, despite the increase the market saw in the last two months, according to the National Association of Realtors. Existing-home sales include single-family home, townhome, condominium and co-op transactions. The sales dropped 2.5 percent in
It’s no secret that some cities compared to others have larger asking prices for smaller spaces. PropertyShark wanted to test the logic and figure out what a homebuyer can get for their money in cities around the United States.
The most recent quarterly survey by Zillow suggests that the U.S. will likely experience another recession come 2020. Pulsenomics LLC conducted a survey that asked more than 100 real estate experts and economists about their predictions for the housing
After two years, the difference between what buyers are looking for and sellers are providing is coming closer together, bringing the market mismatch closer to a match. Market mismatch can be defined as the measure of the price gap
Homebuyers are out in full force as home sales and prices around Illinois rose this April, according to Illinois Realtors. Illinois home sales, which include single-family homes and condominiums, totaled 14,478 of homes sold in April. The home sale
A new Owners.com survey found that homebuyers are looking for their real estate agents to use more tech-based tools. The survey sampled more than 1,000 homeowners, which they define as “those who purchased a home within the last four
While the overwhelming majority of homebuyers are married couples, it is women who make up the larger share of sales among single people, according to the National Association of Realtors. Single women are the second-most common homebuyer, accounting for
Luxury home prices rise nearly 8 percent to average sales price of $1.8 million in the first quarter of 2018, according to a new report from Redfin. An analysis of over 1,000 cities by Redfin indicates prices of the top five percent
With the latest tax plan that is expected to give Americans a larger tax return, many plan to spend their tax cuts on larger houses and home renovations in 2018, according to a new report from Zillow. Zillow estimates
A class-action lawsuit that charged Zillow with deceptive business practices designed to mislead consumers has been dropped. A Federal district court has dismissed the lawsuit last week. The lawsuit claims that Zestimates, Zillow’s algorithm-based property estimate tool, are commonly inaccurate as