Items Tagged with 'Zillow'

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Zillow: Mortgage rates drop to lowest level since 2013

Did someone say something about a Fed rate hike?
Despite some predictions that mortgage interest rates would rise in the aftermath of the Federal Open Market Committee’s December announcement of an increase to the federal funds rate for the first time since June 2006, the exact opposite has happened, with interest rates falling to a two-year low, according to a new report from Zillow.
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Zillow Group bolsters New York real estate business, buys Naked Apartments

Grows NYC operations beyond StreetEasy
Zillow Group, the parent company for online real estate portals Zillow and Trulia, is growing its operations in New York City with the acquisition of Naked Apartments, which bills itself as "New York City's largest rentals-only platform." Naked Apartments is "dedicated to simplifying the rental process" for renters, brokers and landlords in New York City, where, according to Zillow-provided data, approximately 70% of the population rents their home.
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Case-Shiller: Home prices can't offset struggling economy

Only the consumer portion of the economy is doing well
Although home prices continued to increase, boding well for the economy, it’s still not strong enough to offset some of the trouble spots. According to the latest S&P/Case-Shiller U.S. National Home Price Index, covering all nine U.S. census divisions, home prices recorded a 5.3% annual increase in November 2015 versus a 5.1% increase in October 2015.
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Good news for renters: Rents to finally flatten in 2016

But not all markets are created equal
Rent appreciation is finally projected to cool down in 2016, giving renters a much-needed break from what seemed to be never-ending price increases. However, a price slowdown isn’t enough to turnaround some of the outrageous costs of rent on the West Coast.
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Zillow: Mortgage rates lower now than before Fed rate hike

Mortgage interest rates hit lowest level since October
According to Zillow’s latest report on the interest rates borrowers are quoted on its mortgage marketplace, mortgage interest rates are actually lower now than they were before the Federal Open Market Committee announced in December that it is increasing the federal funds rate for the first time since June 2006.
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Zillow: Here are 2016's hottest housing markets

What cities made the top ten?
Since we’re only a few weeks into the new year, there’s still plenty of time to identify which housing markets are set to blow up this year. Zillow set out to do just that, using its Home Value Forecast, which forecasts the change in the Zillow Home Value Index over the next 12 months, recent income growth, and current unemployment rate to pinpoint which markets will be the hottest in 2016.
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Monday Morning Cup of Coffee: Welcome to 2016

Let's take a look back and a look ahead
Well, since you’re reading this, it appears that we all survived another New Year’s Eve. And whether you spent it crammed into Times Square like a sardine, hanging from the rafters at a secret underground rave, or sitting at home on your couch and consequently falling asleep before the ball dropped, it’s now time to get geared up for 2016. So here's a look back at how 2015 ended and what 2016 will hold, all in your Monday Morning Cup of Coffee.
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Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google
Well, it’s official. Google has come to mortgages. After first being reported earlier this year, Google is launching its own mortgage comparison tool via its Compare service. Here's more about Google's big mortgage move with Zillow and LendingTree.
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