For-Sale Homes Hitting the Market is Dropping at its Fastest Pace in Almost Four Years

The number of single-family home rentals has increased by 6.2 million since 2005, one of the reasons why inventory remains low By Jeff Sorg, OnlineEd Blog (June 26, 2017) Zillow® is reporting that the number of for-sale homes coming onto the market is dropping at its fastest pace in almost four years, according to their May

Zillow Group Launches RealEstate.com, Gives Millennial Buyers a New Way to Search

Buyers can search for homes by the monthly payment and down payment they can afford By Jeff Sorg, OnlineEd Blog (April 5, 2017) SEATTLE – May 2, 2017 – Zillow Group, which houses a portfolio of the largest and most vibrant real estate and home-related brands on mobile and web, today launches RealEstate.com, a new

Seattle and Portland Rents Expected to Rise 6% and 7%

Zillow forecasts rent growth of more than 7 percent in Seattle and 6 percent in Portland By Jeff Sorg, OnlineEd Blog  (October 11, 2016) – According to the latest Zillow® Rent Forecast for August 2016 to August 2017, rents in the West’s tech job centers are predicted to be among some of the fastest growing in the nation

Homeowners Confident About Current Market but Renters Worry

A majority of homeowners believe now is a good time to sell By Jeff Sorg, OnlineEd Blog (September 2, 2016) – According to the latest Zillow® Housing Confidence Index, homeowners are feeling more confident that now is a good time to sell, but renters are feeling uncertain they’ll be able to afford to buy. Just 38

Home Values Rise for 48th Straight Month – Portland, OR Tops List at 14.7%

 Portland, OR reported the highest year-over-year home value appreciation By Jeff Sorg, OnlineEd Blog (August 18, 2016) –  National home values appreciated for the 48th straight month this July to a Zillow Home Value Index (ZHVI) of $187,300, according to the Zillow® Real Estate Market Reports. Home values are up 5 percent over the past year and

Zillow to Pay $130 Million to NAR’s Move, Inc.

Move, Inc. and Zillow Reach Settlement Agreement By Jeff Sorg, OnlineEd Blog (June 7, 2016) – The National Association of REALTORS is reporting in a press release that Zillow Group, Inc. has agreed to a settlement amount of $130 million in damages instead of going to trial to settle a 2014 lawsuit alleging misappropriation of trade secrets.

Homes with Barn Doors Can Sell for Up to 13 Percent More and 60 Days Faster

For-sale listings touting craftsman or farmhouse-style design features sell faster  By Jeff Sorg, OnlineEd Blog (April 29, 2016) –  Why do some homes sell for a premium? In addition to timing, a home’s listing description can have a significant impact on its final sale price. Listings mentioning keywords like “barn door,”shaker cabinets” or “subway tiles,” sell

New Zillow® Report Indicates Homes Worth More Than Ever Before

In February, home values rose 4.3 percent year-over-year By Jeff Sorg, OnlineEd Blog (March 25, 2016) – According to the February Zillow® Real Estate Market Reports, homes were worth more than ever before in 26 percent of U.S. housing markets. Many of the experts surveyed for the November 2015  Zillow Home Price Expectations Survey told Zillow

Zillow Launches Best Time to List Tool

New tool helps homeowners and brokers identify the optimal time to list a home for sale By Jeff Sorg, OnlineEd Blog (March 2, 2016) – A recent analysis by Zillow® discovers that, nationally, homes sold between May 1 through May 15 sell around 18.5 days faster and for 1 percent more than the average listing. “The housing market today is

Markets in the West Favor Sellers, Buyers Have More Power in the East

The supply of homes for sale in the U.S. is 8.6 percent below its level a year ago By Jeff Sorg, OnlineEd Blog (February 23, 2016) – SEATTLE /PRNewswire/ — As the home shopping season approaches, lack of inventory continues to limit choices available to potential buyers, putting a strain on markets across the country. Home shoppers had