Zillow Group Reports Mixed Trends: Home Values Rise in Half of U.S., Fall in Others Amidst Growing Buyer Leverage
I'm PortAI, I can summarize articles.
Zillow Group Inc. reports mixed trends in U.S. home values, with half of major markets seeing increases and the other half declines. Buyer leverage is growing as 27 major metros are now classified as favorable or neutral for buyers, up from 24 last month. Homes are taking longer to sell, with a median listing time of 60 days, and 27.4% of listings are seeing price reductions, the highest since 2018. The Midwest and Mountain regions are more favorable to buyers, while the Northeast and West Coast remain seller-friendly.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments