The Latest Breaking News from Zillow

ATLANTA — The housing market is cooling quickly across the country under the weight of rapidly rising interest rates, a reversal that will worsen any economic slowdown in the months ahead, several real estate experts are warning.

For the first time in a decade, home prices in Southern California are definitively falling.

Prices for houses are bananas compared to where they were just a couple of years ago.

Supply in Demand: Here’s why some in Louisville continue to struggle to find affordable housing

The Southern California median home price remained unchanged in August from the previous month as rising mortgage rates made houses even less affordable for many people.

The National Association of Home Builders/Wells Fargo Housing Market Index fell three points in September to 46, a bearish reflection of current U.S. homebuilder sentiment.

As mortgage rates topped 6%, for the first time since the 2008 financial crisis, new home buyers are being squeezed on multiple fronts since elevated home prices, interest rates, and rising inflation are adding to everyone's bottom line.

Opendoor Technologies (OPEN) announced a multiyear agreement with Zillow Inc. (ZG) to expand its operational capabilities. However, the stock is trading 83% below its 52-week high, indicating a bearish sentiment. Given the company’s negative profit margins and bleak growth prospects, would it be worth buying the stock at the current…

Home prices are falling fast in some of the most expensive real estate markets, such as California's Bay Area, but interest rates are on the rise — meaning that for many, the home of their dreams is now out of their price range.