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News Updates

Zillow introduces First Street’s comprehensive climate risk data on for-sale listings across the US

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For-sale listings on Zillow will now feature detailed climate risk information for five key categories — flood, wildfire, wind, heat and air quality — along with insurance recommendations Zillow® is introducing climate risk data, provided by First Street, the standard for climate risk financial modeling, on for-sale property listings across the U.S. Home shoppers will gain insights into five key risks—flood, wildfire, wind, heat and air quality—directly from listing pages,

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HOME OWNERSHIP SLIGHTLY MORE AFFORDABLE ACROSS U.S. IN THIRD QUARTER BUT STILL DIFFICULT FOR AVERAGE WORKERS

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Major Home-Ownership Expenses Consume 34 Percent of National Average Wage; Portion Ticks Downward as Home-Price Spike Eases and Mortgage Rates Drop; Historical Affordability Also Inches Up While Remaining Weak ATTOM, a leading curator of land, property data, and real estate analytics, released its third-quarter 2024 U.S. Home Affordability Report showing that median-priced single-family homes and condos remain less affordable in the third quarter of 2024 compared to historical averages in 99 percent

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ICE First Look at Mortgage Performance: Mortgage delinquencies remain low despite modest year-over-year rise

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Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, reports the following “first look” at August 2024 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market. Data as of Aug. 31, 2024 Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 3.34% Month-over-month change: -0.88% Year-over-year change: 5.11%   Total U.S. foreclosure

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Typical Swing State Renter Earns 17% Less Than Needed to Afford a Typical Apartment—An Improvement From the Last Presidential Election

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During the last election cycle, the typical swing state renter household earned 21% less than they needed to afford the median priced apartment The typical renter household in a swing state earns an estimated $50,267 per year—$10,365 less than the $60,633 a renter must earn to afford rent for the median priced apartment in a swing state. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. In

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Realtor.com® August Rental Report: Rental Affordability Has Generally Improved In Most Major U.S. Markets

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Most Affordable Markets Include Oklahoma City, Okla., Columbus, Ohio and Austin, Texas and Least Affordable Markets Include Miami, Los Angeles and New York  Despite seasonally driven demand, rents across the U.S. dipped by $5 (or -0.3%) year-over-year and nationwide to a median rent of $1,753, according to the Realtor.com® August Rental Report. Although affordability improved as a top-level trend, affordability varies widely by metro area and did not improve everywhere. This month’s report looked at the rent burden across the U.S. and

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Move over, gyms and pools: Renters want pet areas and happy hour

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New data from Zillow Rentals identifies today’s most in-demand rental amenities Renters are rethinking what they want and need in a home, looking beyond buildings with traditional rental amenities in favor of those with features and services that better suit their lifestyle and budget. New research from Zillow Rentals® finds listings with a turfed pet area, coworking space or community happy hours are drawing more interest than listings with typical luxury

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