Analysis and Data
Homebuyers are younger this year.
Market still feels hot, but slowdown in online searches, home tours and mortgage applications suggests more buyers are getting priced out.
Longest streak for adding 400,000 jobs in 82 years; unemployment rate nears pre-pandemic level
Gross profit margins on home flips in 2021 sank to their lowest level in more than a decade, after dropping at the fastest pace in more than 15 years.
30-year fixed-rate mortgage up almost 1.5% since March 2021
Zillow studies best day and month to list a home.
More than a day a week lost while workers work on their finances
Minor increase in purchase applications seen as positive development.
Gap can be as high as 22% depending on employment field.
Large share of both groups plan to sell their homes in the next 12 months