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Thursday, August 11, 2022

Zillow

Credit scores having even bigger impact on home-affordability

A borrower with a “fair” credit score could pay $100,000 more over the life of a 30-year mortgage for the same home than an otherwise identical borrower with an “excellent” score would, according to a new Zillow analysis. Today’s home...

Housing-affordability crunch time is at hand

Ballooning mortgage costs, driven by skyrocketing prices and interest rates, have made mortgages less affordable than at any time since at least 2007. Demand for homes has pulled back in response, easing price growth, slowing sales and boosting inventory, according...

Survey says: Home-buying can bring the tears out

Buying a home in a competitive market can be a stressful experience, often most similar to the stress of planning a wedding or being fired, and a new Zillow survey shows that half of home-buyers say the process left...

Data: Region sees 22% increase from pre-COVID home values

Two years into the pandemic, the U.S. housing market is virtually unrecognizable from its previous state, with nearly half the number of homes for sale, prices higher by one-third and rising, and rents hundreds of dollars more a month,...

Survey says: Experts say housing ‘norms’ could be back by 2024

The housing market is expected to return to pre-pandemic, 2019 norms – at least in terms of inventory and the share of purchases made by first-time home buyers – by 2024, according to a panel of housing market experts...

Survey says: Timing is key in getting top dollar

Homes are selling fast year-round these days, with a difference of only a few days between the fastest and slowest periods. But one thing that’s remained constant: Listing a home for sale in the spring will yield the best...

Some homes earned more than their owners in 2021

Did your house earn more than you did in 2021? In the Washington area, the answer for most of us probably is “no” – although in the rest of the country, it in many cases may be “yes.” That’s the conclusion...

New data: Home values in D.C. region up 22% over year

Two years into the pandemic, the U.S. housing market is virtually unrecognizable from its previous state, with nearly half the number of homes for sale, prices higher by one-third and rising, and rents hundreds of dollars more a month,...

Zillow: Region’s home values up nearly 12% in year

A typical American home’s value is now up 31 percent – nearly $77,000 – since the onset of the pandemic, according to new data, although the Washington region is slightly trailing national appreciation. Over the past year alone, home values...

Interior upgrades top many homeowners’ wish lists for 2022

A new year means new resolutions, and at the top of the list for many will be making their home more functional. Zillow Research finds that 72 percent of homeowners will consider at least one home-improvement project in the coming...
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Latest News

Jury-duty questionnaires in the mail for Fairfax residents

About 70,000 residents of Fairfax County and the city of Fairfax will soon be receiving a jury-duty questionnaire, as...
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