The Housing Market Is So Bad That Zillow Is Offering Buyers Free Money

日本 ニュース ニュース

The Housing Market Is So Bad That Zillow Is Offering Buyers Free Money
日本 最新ニュース,日本 見出し
  • 📰 TIME
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 53%

The Zillow app on a mobile phone arranged in Dobbs Ferry, New York, U.S., on Saturday, May 1, 2021. Zillow Group Inc. is scheduled to release earnings figures on May 4. Photographer: Tiffany Hagler-Geard/Bloomberg via Getty Images

ith mortgage rates at 21-year highs and the number of homes sold each month hovering near their lowest point in more than a decade, mortgage brokers are going to unusual lengths to induce buyers to enter the housing market.

Zillow spokespeople would not say how much it expects to hand out in down payment assistance, nor what it expects will be the size of the average individual grant, but the company does hope to roll out the plan nationally. Because the program is limited to first-time buyers with income below the average in the area, the grants are unlikely to be more than $10,000.Only 4.04 million existing homes were sold in August in the U.S.

While Zillow isn’t a home builder, it similarly is trying to capture as much of the real estate market as possible. Founded in 2004, Seattle-based. It has since expanded to include managing apartments, brokering rentals, and connecting buyers and sellers with agents. In 2018, it acquired Mortgage Lenders of America to enter the home-loans business.By helping potential home buyers take out mortgages, Zillow locks them into its suite of real estate products and services, Leiber says.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

TIME /  🏆 93. in UK

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Social housing complaints probed by ombudsman hit record highSocial housing complaints probed by ombudsman hit record highProperty condition remained the leading category as to why complaints were being made, followed by complaints handling, and health and safety.
続きを読む »

Social housing complaints probed by ombudsman hit record highSocial housing complaints probed by ombudsman hit record highProperty condition remained the leading category as to why complaints were being made, followed by complaints handling, and health and safety.
続きを読む »

Govan housing development wins award for transforming schoolGovan housing development wins award for transforming school'The development shows what can be done in refurbishing an unused building.'
続きを読む »

Middleton in the 1930s: Tivoli cinema, shops and a housing estate in focusMiddleton in the 1930s: Tivoli cinema, shops and a housing estate in focusThis landmark in the heart of Middleton boasts a trail blazing claim to fame.
続きを読む »

What’s on TV tonight: Michael Gove and Alistair Darling speak on Britain’s housing crisisWhat’s on TV tonight: Michael Gove and Alistair Darling speak on Britain’s housing crisisAlso, The Real Crown covers the death of Princess Diana and England play Italy in a Uefa Euro 2024 Group C qualifying match
続きを読む »

Mass. leaders outline plan to ease housing crisis as shelters approach capacity limitsMass. leaders outline plan to ease housing crisis as shelters approach capacity limitsAs of Sunday, there were close to 7,000 families in emergency shelter — or around 23,000 individuals, spread out across 90 municipalities at hundreds of…
続きを読む »



Render Time: 2025-04-02 03:43:25