Posts with tag Zillow

Homes Lose $700 Billion in Value in 2011, Report Says

By Sheryl Nance-Nash The year-end housing news is sobering -- U.S. homes are expected to lose more than $681 billion in value in 2011. But there's an upside -- that's 35 percent less than the $1.1 trillion lost in 2010, according to new research from Zillow, a real estate information marketplace. What else did the... Continue Reading »

Be Very Afraid: 5 Key Ways Homebuyers Are in the Dark

Unless you've been living in a cave for the past five years, word surely must have reached you that home values have been declining for a while. Yet 42 percent of the people polled by Zillow recently said they thought home values appreciate by 7 percent a year. Really, people? Even in a normal market, typical appreciation... Continue Reading »

Zillow's IPO Bonanza: A Step Forward for Real Estate?

While Main Street remains skittish on home buying, Wall Street's vote of confidence Wednesday in online real estate company Zillow's IPO could signal new hope for the housing market. Then again, it could just demonstrate investors' unending love affair with dot-com suitors. Zillow Inc., an online listings and public... Continue Reading »

Housing Crisis Hits Previously Healthy Cities

Maybe we are just getting immune to the housing crisis; to the news that homes are underwater in Phoenix and Florida; that all the "sand states" are in real estate hell; and that it costs less to buy than rent in Las Vegas, where 51 percent of the buyers are coming in with cash. But here's a shocker: Seattle, Chicago and... Continue Reading »

Fewer Sellers Forced to Cut Home Prices

Will sellers ever wrest control of the housing market from buyers? We may still be a far cry from tipping the scales in sellers' favor, but a recent survey shows that the number of sellers forced to lower their asking price fell in September. Real estate site Zillow found that 28 percent of its home listings saw a price... Continue Reading »

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