Renovated homes are still a draw, but the edge is fading
While updates still appeal to homebuyers, today’s borrowing costs have made it harder for sellers to command price premiums.
Home Prices
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Distressed property auctions outperform traditional REO sales
Estimated net proceeds for auction sales were 43% higher than for traditional REO dispositions through the third quarter.
Study finds Zillow home estimates improve buyer, seller outcomes
The availability of a Zestimate increased buyer surplus by nearly 6% on average and raised seller profits by more than 4%.
Housing affordability challenges steepen in Q3
In Q3 2025, a household needed to earn $110,100 to afford to own a single-family home, nearly double the income required five years ago.
Most prospective homebuyers want to seal the deal in 2026
About three-quarters said more affordable home prices would prompt buying within six months. Mortgage rates were the No. 2 factor.
Inventory, affordability take center stage in House hearing
The hearing focused heavily on interpretations of Build America, Buy America (BABA) requirements and their impacts on affordable housing development.
Homebuyers hunt for Black Friday bargains as price cuts spread
According to HousingWire Data, price cuts have become a defining feature of the late-fall housing market — with discounts deepening just as the holiday sales season kicks off.
Home flippers express caution over rising costs, low resale demand
The 2025 Fix and Flip Market Index reveals declining prices and cautious investor sentiment as costs and economic uncertainty rise.
Renters are moving more than homeowners, but US mobility is historically low
In 2024, just 11% of Americans changed their address, down from 14.3% a decade earlier and nearly half the rate of the 1960s.
Existing home prices firmed up in September
Existing home sales show year-over-year growth as inventory stabilizes, with mortgage rates near 6% and improved market conditions.