Housing is expensive. Rates are higher than they were in early 2020. Home prices have gone up. Rent hasn’t exactly been a bargain either. So, when a bold graphic like this one shows up in your feed confirming that frustration, it’s easy to assume that’s the whole story. The good news? It’s not. Because affordability isn’t just about home prices. It’s about mortgage rates, wage growth, housing inventory, negotiating power, and even local supply. And over the past several months, some of those pieces have started moving in a better direction. So, before you make a major decision based on a social media post, let’s look at what the data actually says and how it applies to real people in real markets, including ours. 1. Mortgage Rates Have Eased and Refinancing Is Back on the Table Let’s start with mortgage rates, because they drive the monthly payment more than almost anything else. As of mid-February, the average 30-year fixed rate is sitting around 6.05% . Still a far ...
Zillow analyzed 20 years of listings and found buyers value livability, lower costs, and practical layouts more than size or formality. If you’re thinking of selling in 2026, you might think bigger rooms, formal spaces, and neutral paint colors equal higher value. But today’s buyers aren’t shopping that way anymore, and new Zillow data backs that up. After reviewing 20 years of for-sale listings, Zillow found buyers now care more about practical layouts and manageable sizes, along with features that help keep long-term costs under control. To understand why, it helps to look at how home design priorities have changed over the past two decades, starting with the rise and fall of the McMansion era. Why Bigger Doesn’t Automatically Mean More Valuable Anymore For a long time, size felt like a safe bet. More square footage was easy to point to when justifying price, especially during the height of McMansion-style homes. Zillow’s 20-year review shows newer homes have been getting...