Rents Rise at Slowest Pace in Five Years

Rents across the country rose 0.7 percent from this time last year, the slowest pace since November 2012, according to Zillow’s March Real Estate Market Reports – Rents rose 0.7 percent over the past year to a Zillow Rent Index (ZRI) of $1,408 per month, the slowest rate of...

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Builder Confidence Holds Firm in April

  Builder confidence in the market for newly-built single-family homes remained solid in April, falling three points to a level of 68 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) after an unusually high March reading.    “Even with this month’s...

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Down Payment Holding Back Renters from Buying a Home

Almost 70 percent of renters in 20 U.S. metros say coming up with the down payment is holding them back from homeownership, according to the first Zillow Housing Aspirations Report – Saving for a down payment was a barrier for more than two-thirds of renters surveyed in a new Zillow survey,...

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