Matthew Speakman on what’s driving homebuyer demand

Zillow Economist Speakman explains what Zillow’s recent report on homebuyer demand tell us about the current state of the housing market.

Record low mortgage rates hold steady at 2.72%

This is the second week in a row rates have sat at the lowest recorded level in the survey’s near 50-year history.

What Yellen as Treasury Secretary would mean for housing

Experts weigh in on former Fed Chair’s possible impact on GSE reform and how she could jumpstart the economy.

Building the one-touch digital mortgage

As Katherine Campbell drives toward a one-touch mortgage, she’s taking time to share what she has learned along the way.

Real EstateMagazine

Coming out of the dark

Restoring a healthy real estate market is key for the larger economy

While the nation is consumed with the impacts of the coronavirus and the safety of friends and family, as well as the economic impact on our communities and businesses, the housing finance sector needs to begin thinking about ways housing can help lead the nation back to improved productivity and growth.

The real estate industry—and all the ancillary benefits it creates with new jobs, goods and services—accounts for roughly 40 basis points of the country’s GDP. Restoring a healthy real estate market will have a significant positive impact on our economy.

Before the impact of the pandemic became clear, we were all looking forward to a robust year and a strong spring market fueled by a migration of Millennials from rental into homeownership and aided by near-historic low interest rates and full employment. In fact, the only concern was the shortage of available inventory to serve this market.

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3d rendering of a row of luxury townhouses along a street

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