Trends
In 2020, median renovation spending was $15,000. That amount increased by 60% in three years, with the median home renovation costing $24,000 in 2023.
Prospective sellers should prepare to jump on the market — the week of April 14 through 20 will be the best time to sell this year.
There’s a reason many homeowners opt for neutral shades when trying to sell their house — certain flashy colors may be off-putting to buyers.
Many buyers entered the housing market for the first time in 2023. But who were these first-timers, and what did their homebuying experience look like?
Location, location, location … at least that’s how the old real estate adage goes, right?
Home might really be where the heart is. According to a new Zillow survey, 42% of recent homebuyers reported finding love after buying their new home.
Declining interest rates spurred the increase.
Notably, renovators are less likely than they were a year ago to undergo kitchen modifications for the purpose of improving the home’s resale value.
Nearly all millennials — 93% — say a volatile market is to blame for wrecking homebuying plans, with another 76% saying they expect the market to get worse before they’re able to make a purchase themselves.
How will our homes evolve in the new year?
Detached single-family homes remained the most popular type of housing, making up 79% of all home purchases during the past year.
Brutalist style and sensory gardens may seem at odds — but they are both hot home design trends that will rule 2024. At least, according to new predictions from Zillow.
Among the top upgrades: large showers.
Sidelined homebuyers can breathe a sigh of relief. According to Realtor.com, the best week of the year to buy a home is still ahead of us.
The median area for a new single-family home fell to 2,191 square feet in the second quarter — the lowest recorded size since 2010.
Eighteen percent of millennials — approximately one in five — believe they will never become a homeowner, according to a recent survey from Redfin.