Keep pulling the thread on Logan Modashami.
According to Zillow, a typical homebuyer can afford a home worth $30,000 more than they could one year ago.
Zillow reports that U.S. home prices increased by 0.2% over the last 12 months.
Zillow forecasts that U.S. home prices will increase by 0.9% over the next 12 months.
Logan Modashami of Housing Wire previously forecasted that interest rates would be in the range of 5.75% to 6.75%.
Logan Modashami of Housing Wire now believes there is a possibility for interest rates to fall below his forecasted range of 5.75% to 6.75%.
Zillow's real estate heat map for Southern California currently indicates approximately 0% home price appreciation.
Zillow's national home price forecast includes significant regional variation, with some markets projected to appreciate by 4% to 5%.
Zillow's national home price forecast includes significant regional variation, with some markets projected to decline by 3% to 4%.