White Americans still dominate America’s homebuying landscape despite gains among Black buyers. The National Association of Realtors’ 2025 Snapshot of Race and Home Buying in America found that the Black homeownership rate rose the most year-over-year in 2023 among racial groups, but still stands far behind rates for white (72.4%), Asian (63.4%), and Hispanic (51%)…
Buyers could be enticed back to the housing market in time for the spring buying season. That’s according to a new analysis from Zillow, which found that market conditions have rebounded in buyers’ favor over the course of the month. Rates are sitting at their lowest point since December 2024, while annual home value growth…
Late May is the best time to maximize profits on a home sale as shoppers buckle down for a purchase before summer vacation. A new Zillow analysis found that homes listed in the last two weeks of May sold for 1.6% more. That puts $5,600 more bucks in a typical seller’s pocket. Historically, shoppers buckle…
By ERIN FLYNN JAY Severe storms cause billions of dollars in damage each year in the United States and climate risks are forcing property owners, mortgage lenders, and insurance companies to rethink their strategies. According to the National Oceanic and Atmospheric Administration, from 1980 to 2024, there were 403 confirmed weather/climate disaster events with losses…
A new tool from Zillow will attempt to predict whether users will qualify for a loan when shopping with a budget. BuyAbility is an affordability tool from Zillow Home Loans that gives buyers a personalized estimate of the home price and monthly payment they can afford, as well as the likelihood of qualifying for a…
Zillow’s president, Susan Daimler, is leaving the company, along with her husband and senior VP of product, Matt Daimler. The Daimlers joined Zillow in 2012 when it acquired Buyfolio, Susan’s startup. She went on to head its New York operations and manage StreetEasy, then moved to the company’s Premier Agent business before becoming president. “When…
The value gap between white- and Hispanic-owned homes is slowly closing, seeing another significant decrease in the last two years. Hispanic-owned homes are now worth 11.9% less than homes owned by non-Hispanic white households. While any gap isn’t ideal, this is the narrowest it’s ever been, and down from a recent high of 12.4% in…
The U.S. Department of Housing and Urban Development and Zillow are teaming up to expand homeownership for a new generation of buyers. Alongside a series of new actions expanding housing counseling services, HUD tapped Zillow to display ads for its “Let’s Make Home the Goal” campaign on its digital platforms. The campaign is a multi-year…
By KIMBERLEY HAAS Chief Operating Officer Jeremy Wacksman has been promoted to chief executive officer at Zillow Group. He succeeds co-founder Rich Barton, who remains on the board of directors and becomes co-executive chair alongside Zillow co-founder and current Executive Chair Lloyd Frink. Wacksman was also appointed to the company’s board of directors. Wacksman left…
Mortgage rates fell further last week but buyers are waiting to see how far they’ll go before jumping into the market. Officials at Freddie Mac reported Thursday that the 30-year fixed-rate mortgage averaged 6.77%, down 12 bps from the week prior’s 6.89%. A year ago at this time, the 30-year FRM averaged 6.78%. This is…
End of content
End of content
Before You Go, Get the Latest News and UPDATES!
Stay Tuned!