Tagged: Zillow

Denver’s median home value jumped $22,000 this year as number of for-sale homes plummeted

Denver’s median home value jumped $22,000 this year as number of for-sale homes plummeted

Denver’s spiking median home values and plummeting stock of for-sale homes aren’t an outlier in the U.S., they’re the norm, according to Zillow. Company analysts say country is in the midst of an ‘inventory crisis.’

Denver-area home buyers who wait will need a bigger down payment

Denver-area home buyers who wait will need a bigger down payment

Real estate firm Zillow projects metro Denver’s median home price will rise from $372,800 in September to $383,667 a year later. That would lift a 20 percent down payment from $74,560 to $76,733, which requires an extra $181 a month in savings.

Homebuilders gloomy, asset managers relieved over tax plan

Homebuilders gloomy, asset managers relieved over tax plan

Proposed changes in the GOP tax plan could affect homeowners in more expensive neighborhoods and car buyers interested in electric vehicles.

How Trump tax plan would alter mortgage interest deduction

How Trump tax plan would alter mortgage interest deduction

Each year, taxpayers subsidize America’s homeowners by roughly $70 billion, with the benefits flowing disproportionately to coastal areas with high incomes and pricey homes, from New York and Washington to Los Angeles and San Francisco.

College towns feel pinch from rental sites like Airbnb

College towns feel pinch from rental sites like Airbnb

The debate over services like Airbnb — often criticized for essentially turning apartments into hotel rooms, putting upward pressure on housing costs and driving out longer-term tenants who can’t afford rising rents — has raged for years in major cities.

College towns feel pinch from rental sites like Airbnb

College towns feel pinch from rental sites like Airbnb

The debate over services like Airbnb — often criticized for essentially turning apartments into hotel rooms, putting upward pressure on housing costs and driving out longer-term tenants who can’t afford rising rents — has raged for years in major cities.

Existing-home sales slide as prices surge on tight inventory

Existing-home sales slide as prices surge on tight inventory

Sales of previously owned U.S. homes fell in June and prices jumped as strong demand overwhelmed a pinched supply of available homes.

Existing-home sales slide as prices surge on tight inventory

Existing-home sales slide as prices surge on tight inventory

Sales of previously owned U.S. homes fell in June and prices jumped as strong demand overwhelmed a pinched supply of available homes.

Denver millennials may have finally pivoted from renting to buying

Denver millennials may have finally pivoted from renting to buying

Millennials in metro Denver continue to rent at a much higher rate than young adults did a decade ago, but they are buying homes at a pace above the U.S. average, according to a study from Abodo.

How many luxury apartments can Denverites fill? Experts say market is topping out.

How many luxury apartments can Denverites fill? Experts say market is topping out.

Since 2014,  three out of every five apartments built in metro Denver came with rents that put them in the top one-third of the rental market, according to a 2016 analysis by Zillow.