Location, location, location … at least that’s how the old real estate adage goes, right?

Home might really be where the heart is. According to a new Zillow survey, 42% of recent homebuyers reported finding love after buying their new home.

Declining interest rates spurred the increase. 

Notably, renovators are less likely than they were a year ago to undergo kitchen modifications for the purpose of improving the home’s resale value.

Nearly all millennials — 93% — say a volatile market is to blame for wrecking homebuying plans, with another 76% saying they expect the market to get worse before they’re able to make a purchase themselves.

The pace of sales, however, continued to slow on a yearly as well as a monthly basis. 

How will our homes evolve in the new year?

At the same time, days on market remained flat, at 43.

Detached single-family homes remained the most popular type of housing, making up 79% of all home purchases during the past year.

Brutalist style and sensory gardens may seem at odds — but they are both hot home design trends that will rule 2024. At least, according to new predictions from Zillow.

Among the top upgrades: large showers.

Sidelined homebuyers can breathe a sigh of relief. According to Realtor.com, the best week of the year to buy a home is still ahead of us.

The median area for a new single-family home fell to 2,191 square feet in the second quarter — the lowest recorded size since 2010.

Eighteen percent of millennials — approximately one in five — believe they will never become a homeowner, according to a recent survey from Redfin.

A fifth consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index suggests the housing market recovery that began earlier this year is likely to continue. 

First-timers made up 45% of buyers in 2022 and 37% in 2021.