To Sell Your Home Quickly, List it on a Thursday Before Labor Day
Homes are selling within days in many U.S. metros, and the day a home is listed can have an impact on time on market and sale price
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SEATTLE, June 3, 2021 /PRNewswire/ In today s competitive housing market, the time it takes to sell a home is measured in days, not weeks. Homes listed on a Thursday sell faster on average and are more likely to sell above list price than those listed on any other day of the week, a
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SEATTLE, May 4, 2021 /PRNewswire/ Zillow Group, Inc. (NASDAQ: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, today announced its consolidated financial results for the three months ended March 31, 2021.
Complete financial results, and outlook for the second quarter of 2021, can be found in the company s shareholder letter on the Investor Relations section of Zillow Group s website at https://investors.zillowgroup.com/investors/financials/quarterly-results/default.aspx. Zillow s first-quarter results exceeded expectations and showed our momentum toward delivering a seamless, end-to-end real estate transaction, said Zillow Group co-founder and CEO Rich Barton. Across the country, Millennials are moving up, Baby Boomers are downsizing, and in between, people of all generations are rethinking their lives in a cultural phenomenon we have termed the Great Reshuffling. Millions come to Zillow to surf and dr
Zillow and Yelp Rank the Top U S Metros for Digital Nomads prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Housing Gains Could Grow Black Wealth More Than $500 Billion in a Decade
A new Zillow analysis finds Black households saw modest progress narrowing the racial wealth gap during the pandemic, and that housing factors will largely impact whether that gap grows or shrinks throughout the next 10 years.
- The typical Black household has only about 23% of the wealth of a typical white household
- Zillow analysis finds home value and homeownership rate disparities directly account for almost 40% of the $3 trillion wealth gap¹
- If the typical Black-owned home was worth the same as the typical white-owned home, Black wealth would more than double (from $931 billion to $2.1 trillion)
Surge in New Listings Signals Potential Relief for Frustrated Shoppers
Home appreciation breaks new records as demand crush persists, but inventory crunch shows signs of relenting
- Driven by a seasonal rise in new listings, for-sale inventory fell only 1.1% month over month, a marked improvement after three consecutive months of drops around 8%.
- Home values rose 1.2% in March, the largest monthly jump in 25 years.
- Rent recovery picked up steam with the largest monthly rise since 2014.
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1 suggests the inventory crunch bedeviling home searchers may be starting to turn around as record appreciation of home values makes it more enticing to sell. Meanwhile, the recovery of rents is gaining broad momentum and touching double-digit annual gains in hot markets like Phoenix and Riverside.