Homebuyers need more than $127K for a down payment: Zillow
The story at a glance Currently, a homebuyer with a median income needs to put down 35% to buy a typical U.S. home, according to a Zillow analysis. That’s more than $127,000 for a $360,000 home. The analysis found that in some markets, particularly California, homebuyers will be required to make a down payment of […]
The 25 best cities for buyers on a budget: Zillow
Pittsburgh, Jackson, Syracuse, and Toledo all rank among the most affordable cities. (iStock) The housing market is having a good day. Although housing prices are on the rise, National Association of Realtorsmortgage rates and homeowners insurance are still rising nationwide, increasing the cost of home ownership. Due to the current state of the market, some […]
Homes listed in June often sell for more than usual, a Zillow study reveals
If they go public in the spring, sellers could get an average of $7,700 more than their original listing price. (iStock) Homeowners looking to sell this year may want to wait to list until June, when sellers tend to make the most money. According to one study, in 2023 homes listed in June sold 2.3% […]
Gen Z movers are heading to warmer climates, willing to pay higher housing costs: Zillow
Some Gen Zers are taking advantage of low housing prices in states like Florida and Texas. (iStock) Gen Z migration habits show preference for warmer states, even if moving there means paying higher rent, Zillow report showed that. The three states with the largest influx of Gen Z in 2022 were Texas, California, and Florida. […]
1 in 5 homeowners thinking of selling in the near future: Zillow
As interest rates fall, more homeowners are considering selling. (iStock) Homebuyers have had a tough time in recent years. Number of listings hits record low. However, one in five homeowners are currently considering selling. Zillow Report said. About 21% of buyers are considering selling in the next three years, up from 15% last year, according […]
Stocks making the biggest moves premarket: Lyft, Robinhood, Zillow, Kraft Heinz and more – CNBC
Check out the companies that made headlines before the bell: Lyft — Shares rose 21% after the ride-hailing company reported better-than-expected fourth-quarter results and issued better-than-expected guidance. In its most recent quarter, Lyft posted adjusted earnings of 18 cents per share, beating the LSEG consensus estimate of 8 cents per share. Sales were $1.22 billion, […]