Zillow

“The growth in Black homeownership is significant in the context of affordability struggles faced by many in the market. Zillow’s findings show that while affordability remains a major barrier, Black homebuyers are navigating it with resilience.” “Zillow’s innovative tools are also helping potential buyers navigate these challenges. The “Buyability” tool offers personalized estimates of what buyers can afford using real-time mortgage rates, helping them better plan for homeownership." Read more from NewsOne: https://zlw.re/4hOMYBl

More eyeballs = more money. Sellers who transacted off the MLS collectively left more than $1 billion on the table over the last two years. This is an avoidable loss. Here are some tips to sell your home quicker and for more money: https://zlw.re/3QybmuI

For many home shoppers, saving for a down payment is one of the biggest barriers to homeownership. Thanks to our partnership with Down Payment Resource, down payment assistance information is available directly on Zillow home listings nationwide, making it easier for buyers — especially first-time home buyers — to find financial support. Since launching in December 2021, the partnership has connected more than 5 million home shoppers with Down Payment Resource on Zillow to learn about the program and their eligibility. Down payment assistance can make buying a home more affordable — the estimated typical benefit for borrowers is $18,000 — a meaningful contribution toward homeownership. Here’s how it works: 🏡 Home listings on Zillow feature a down payment assistance module, where shoppers can enter basic financial and employment details. 📌 In seconds, shoppers will see local programs and the available assistance they may qualify for. At Zillow, we’re committed to making home a reality for more people by expanding access to housing, and by creating equitable pathways to homeownership for low-income and historically underserved communities. Learn more about how down payment assistance can open doors for buyers here: https://lnkd.in/eXEA8cEB

Black first-time home buyers are making moves - literally - despite affordability challenges and systemic barriers. In 2024, 62% of Black buyers purchased their first home, a steady trend from last year. That’s a stark contrast to the overall market, where first-time buyers dropped to 44% from 50% in 2023. Read more: https://zlw.re/3EVvpAF

Great work isn’t defined by where it happens, but by what we accomplish. At Zillow, Cloud HQ empowers employees to work where they thrive, unlocking greater productivity, deeper focus and enabling meaningful contributions to business goals - at every level. Our flexible work model enables teams to move quickly, think big and deliver real results - all while working in ways that help them thrive. It’s not just about where we work. It’s how we make things happen. Unlock what’s possible in your career at Zillow. zillow.com/careers

We're expecting the housing market in 2025 to be pretty similar to what we saw in 2024: People want to move, but affordability is still a challenge. But here's the good news: Zillow is helping movers navigate the market. And the results we reported last week show we're delivering value to consumers and partners in both our for-sale business and our rentals business, which is why we keep outgrowing the category. Jeremy Wacksman explains more on a recent Bloomberg Businessweek appearance: https://zlw.re/4bcsD6f

🚨 Housing Update: After Strong Year-End Finish, Single-Family Starts Fall *Mostly* Due To Weather-Related Disruptions 🏡 ➡️ Housing starts fell to 1,366,000 (SAAR) in January, down 9.8% from the revised December estimate but just 0.7% lower than a year ago, according to the U.S. Census Bureau. ➡️ Single-family #housing starts fell to 993,000 (SAAR) in January, falling 8.4% from the December estimate and 1.8% lower than in January 2024. ➡️ Multifamily starts continued to march downward. 🌎 Although the year started with higher #mortgage rates when compared to the same time a year ago, builders are slowly adapting to the higher-for-longer rate environment. Instead, the unusual weather-related disruptions played a key role in explaining the pullback in single-family starts in January 🌨️ 💡 New construction of single-family #homes fell 19% in the South, 15% in the Northeast and 9% in the Midwest. Compare this drop in areas affected by the arctic freeze and historic snowfall to the Western region's 25% increase!!! 👀 🧭 Looking forward, rising uncertainty over the new administration’s tariffs agenda could cause interest rates to remain elevated while also pushing many #builders to the sidelines due to higher costs for building materials and components. If housing starts continue to decline, new available housing – for-sale or for-rent – could peak this year well short of expectations, setting the stage for a potential rebound in multifamily valuations and stronger home price growth heading into 2026. Read the latest ... https://lnkd.in/gKh8_krU

Is there a way to address rising costs and limited inventory? In an episode of The RealWealth Show podcast, Senior Economist Orphe Divounguy teams up with Moody's Senior Economist Lu Chen to tackle just that. They discuss housing affordability and examine solutions, such as increasing building density. 🔐 Don’t miss these expert insights: https://zlw.re/4b0mDNX 

The new analysis was done by Zillow, whose CEO said private listings “come at the expense of the seller” and are an attempt by some brokerages to “double dip.” #realestatenews #realestate #zillow #housingmarket #realestateagents