American Living

I went through Zillow’s consumer housing trends report 2018 and pulled out some of the most interesting data points broken down by renters, buyers, sellers, and homeowners.


  • Seventy-eight percent of renters who move from one rental to another experience a rent increase prior to their move
  • Forty-seven percent of renters call the suburbs home while 40 percent live in an urban area and 13 percent live in a rural area


  • Millennials, those between the ages of 24 and 38, comprise 42 percent of the nation’s home buyers
  • Just over half (52 percent) of buyers put down less than 20 percent on their home.


  • At 31 percent, Millennials — those ages 24 to 38 — are the largest group of sellers.
  • The vast majority (85 percent) of sellers work with agents


  • Home equity remains the biggest financial asset for the typical American homeowner, who has 52 percent of their wealth tied up there.
  • Nearly half (45 percent) of homeowners still live in the first home they purchased

Below are some of the most notable charts.

60% of first-time home buyers put down less than 20%.

67% of first-time buyers and 50% of repeat buyers had to make sacrifices. Assuming you have some sort of fixed budget, you’re not going to get everything you want.

23% of buyers went over budget by an average of 12%.


This one surprised me. The largest group of home sellers are millennials, which made up 31% of all sales in 2018.

Some other nuggets

  • The typical renter can expect to spend about 29 percent of their household income on rent
  • 36% of Millennials and 26% of Gen Xers try to sell without the help of an agent.
  • Six in 10 (59 percent) homeowners are still paying off their mortgage, and the typical mortgaged homeowner owes 62 percent of their home’s value

This was a huge report, hit the link below for more.

Zillow’s consumer housing trends report 2018


(Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers click here.)