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Million-dollar neighborhoods proliferate; see how Phoenix stacks up

Posted by   /  August 18, 2017  /  Real Estate  /  No Comments

Areas where at least 10% of homes are worth seven figures jump by more than 30% since 2014. Nearly one in 20 residential ZIP codes meets Zillow’s definition of a $1 Million Neighborhood, meaning at least 10% of the homes there are worth seven figures, according to a new Zillow® analysis. There are 346 new $1 […]

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Panel sees recession risk by year end 2020

Posted by   /  August 17, 2017  /  Economy, Real Estate  /  No Comments

Zillow survey shows fears of geopolitical crises weigh on minds of economists, real estate experts. Builder There is a 73% chance the next U.S. recession will begin by the end of 2020, according to a panel of experts surveyed for the 2017 Q3 Zillow Home Price Expectations Survey. But the experts don’t anticipate the housing market […]

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Zillow CEO responds to new competition from Facebook and Amazon

Posted by   /  August 11, 2017  /  Real Estate  /  No Comments

Zillow mortgages

By Brena Swanson | Housingwire As one of the largest, if not the biggest, players in online real estate listings, Zillow is watching its list of competitors rapidly grow with more and more companies eyeing the potential in the real estate market. Zillow may dominate the space right now, raking in $266.9 million in revenue in the second-quarter of 2017, but […]

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[VIDEO OP-ED]: The stock market is sending an early warning sign about housing

Posted by   /  August 2, 2017  /  Real Estate  /  No Comments

housing

Op-ed: The stock market is sending an early warning sign about housing from CNBC. By Mitch Goldberg | CNBC If there’s one price investors watch as closely as the price of the stocks in their portfolio, it’s the price of their home. But if you rely on internet-based property valuation tools like Zillow to check up on what’s […]

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Zillow: Home owners face average $9K a year in hidden costs; see how Phoenix compares to other metros

Posted by   /  August 1, 2017  /  Real Estate  /  No Comments

tax breaks for homeowners

Builder Property taxes, insurance, maintenance and repairs add up. It’s Monday, and that means there must be a new Zillow analysis of data having to do with real estate. And there is. Today, the story is about the sometimes hidden costs of home ownership. Zillow reports that nationally, home owners can expect to spend $9,080 […]

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Arizona Regional Multiple Listing Service signs new agreement with Zillow and Trulia

Posted by   /  March 31, 2015  /  Real Estate  /  No Comments

zillow

Zillow Group, which houses an expansive portfolio of real estate and home-related brands on mobile and Web, today announced that the Arizona Regional Multiple Listing Service (ARMLS) has signed an agreement to enable its brokers to send listings directly to Zillow® and Trulia® from the MLS. ARMLS has 31,000 members throughout Arizona, a news release […]

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Phoenix rents rise 5.6 percent in year, top U.S. average

Posted by   /  February 23, 2015  /  Dealmaker, Real Estate  /  No Comments

rich-poor

By Russ Wiles | The Republic | azcentral.com Phoenix-area apartments and rental homes remain affordable compared to those in other big U.S. cities, but rate increases here are starting to rise faster than the national average. Median rents in the Phoenix metro area climbed 5.6 percent over the 12 months through January, according to the […]

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Can Starbucks really forecast where home prices will rise?

Posted by   /  February 10, 2015  /  Real Estate  /  No Comments

Starbucks

By Allison Halliday | Realty Biz News Yes, according to a recent analysis by a media company as apparently a new Starbucks in the area could help indicate where home prices will soon rise. In addition, it’s being claimed that Starbucks is actually fueling these home price rises rather than merely following higher property values. […]

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Negative equity levels down by half in most major markets

Posted by   /  December 22, 2014  /  Dealmaker, Economy, Real Estate  /  No Comments

Negataive equity

By Allison Halliday | Realty Biz News According to the Zillow Negative Equity Report, the number of homeowners in the United States who are in negative equity on their mortgages has dropped by more than 40% since early 2012. The report shows that more than 7 million Americans who were once underwater on their mortgages […]

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30-Year Fixed Mortgage Rate at Lowest Level Since May 2013

Posted by   /  December 17, 2014  /  Dealmaker, Real Estate  /  No Comments

Zillow mortgages

GlobeNewswire The 30-year fixed mortgage rate on Zillow® Mortgages is currently 3.66 percent, down nine basis points from this time last week. The 30-year fixed mortgage rate moved lower last week, dropping to 3.64 percent on Sunday before returning to the current rate. “Rates dipped again last week on strong U.S. data and international turmoil, falling to levels not […]

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