Where are renters quietly planning to move next? Search data gives us an early look. We tracked out-of-town rental search trends to find the markets quietly building a pipeline of incoming interest:
🏙️ In Raleigh, Hartford and New Orleans, out-of-towners actually outnumber
🐾 The majority of rentals in America accept pets, but some markets are ahead of the rest.
Zillow just ranked the most pet-friendly rental markets in America by share of listings that allow them. Charlotte leads at 91.6%, with Austin just a whisker behind. Providence comes in
25.8% of listings had a price cut in June (down from 26.6% a year ago).
So sellers are still negotiating, but slightly less than last year.
Zillow's Housing Market Report:
A record 242 U.S. cities now have starter homes valued at $1 million or more. The total count has nearly tripled since February 2020, rising from 80 to 242 today.
Here is the breakdown of the top 5 states with the most million-dollar starter home cities:
1. California: 105
The cost of buying a home is quietly getting more manageable.
The main reason: falling mortgage rates.
Zillow data shows the monthly mortgage payment on a typical U.S. home is now 2.5% lower than a year ago.
Even as home values remain relatively stable, falling rates are
