The most competitive markets this year share characteristics such as relative affordability and “supply that trails demand,” according to Zillow. Taking the top spot in the ranking is Buffalo, New York, followed by Indianapolis and Providence, Rhode Island.
Newsweek found properties that jacked up their prices during the California wildfires raising concerns of potential price gouging.
Zillow is introducing climate-risk estimates for home listings, which could impact home buyers' decisions and lead to increased construction of more resilient homes.
Here’s what “The Rent Brigade” found after combing through 1,343 Zillow posts that appear to have broken California’s ban on post-fire price gouging.
The San Jose metropolitan area has for years had the highest home values in the United States. That doesn’t seem to be changing anytime soon, with the area’s typical value reaching another record high at the end of 2024.
USA TODAY analysis finds 3.3 million Americans live in areas with "very high" wildfire risk and 14.8 million more at “relatively high” risk.
Rent for single-family homes across Los Angeles County rose by almost 25 percent, and even more in certain areas, according to a Washington Post analysis.
The emergency law caps rents to a ‘fair market value’ determined by HUD, but the caps are so low that many high-end homeowners are delaying putting
A real estate agent in La Cañada is the first person to be charged with price gouging after the Los Angeles fires.
Prices are now 1.5% off their all-time high in July, but some economists say prospective home buyers and sellers shouldn’t expect home values to plunge — one reason behind the shift is the market typically slows in the fall and winter and prices are still above where they were a year ago.
A law barring monthly rents of more than $10,000 for new listings is stopping high-end homes from going on the market, real estate agents and brokers say. Such homes could be in demand for wealthy fire victims.
Detached single-family home rentals are continuing to rise at an accelerated rate, according to new Zillow data, despite the fact that homebuilder construction has held multifamily rent growth constant for months and persistently high mortgage rates are constraining buyer demand and property value growth.