• Housing on Normalizing Track: Zillow

    28 days ago - By RIS Media

    The housing market is showing signs of stabilizing, with a cool-off in home prices and rents in September, according to the latest monthly Real Estate Market Report from Zillow.
    From August to September, annual appreciation nationwide slowed from 7.8 percent to 7.6 percent, the report shows, and compared to September 2017, rents were 0.2 percent lower. Additionally, there was a 1.9 percent deficit in inventory year-over-year-the smallest since 2015.
    Still, the median price was $220,100-high even with the softening-and the median rent was $1,440.
    “yet another signal that the housing market...
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