Housing Rents Are Climbing as Tenants Return to Cities Landlords are raising rents across the U.S., and prices are up significantly in cities like New York and Los Angeles. Some tenants are staying in one place longer and avoiding upgrades, while others are moving to downsize, according to Jeff Tucker, senior economist at Zillow, who joins LX News.
zillow Houses Are Selling Quicker in Most-Vaccinated Cities The COVID-19 vaccine has helped homes sell faster in some areas, a new study from Zillow shows. Cities with high vaccination rates are having more open houses and in-person contact that helps speed up the process. And the speed of home sales has led to a decline in rental vacancies, as people who can’t find a home to own look...
Housing Why Americans Are Moving to Florida and North Carolina “These are areas that are affordable, are sunny, they’ve got a lot of opportunities,” says Zillow’s Corey Hopkins. He tells LX News host Tabitha Lipkin why more Americans are moving to “Sun Belt” cities like Tampa, Raleigh and San Antonio.
real estate Why Zillow is Offloading Half Its Homes at a Loss Zillow is best known for its home price listings service, but the company was also buying up homes using an AI that determined the price. Now about half those homes will be sold (many for less than Zillow paid) and the company will not be buying homes for the rest of 2021. What happened? Business Insider reporter Alex Nicoll explains.
contactless payment In Our Age of Social Anxiety, People Are Even Buying Homes and Cars Online We’ve all become used to making simple purchase like clothes or groceries with the tap of a phone screen — without interacting with another human at all. That’s especially true for members of Gen Z who were raised in an age of growing social anxiety. And now, through services like Carvana and Zillow, big purchases like cars and houses are...
