RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
  • Agents
  • Brokers
  • Teams
  • Marketing
  • Coaching
  • Technology
  • More
    • Headliners New
    • Luxury
    • Best Practices
    • Consumer
    • National
    • Our Editors
Join Premier
Sign In
RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
RISMedia
No Result
View All Result

Equity Growing in Lowest Tier: Report

Home Latest News
By RISMedia Staff
February 20, 2018
Reading Time: 2 mins read
Equity Growing in Lowest Tier: Report

Dollar shaped golden key and key hole.

Buyer demand is highest for starter supply—and entry-level homes are appreciating faster than others as a result, according to an analysis by Zillow.

“When the housing market crashed, owners of the least valuable homes were especially hard hit and lost more home value than homeowners at the upper end of the market,” says Aaron Terrazas, senior economist at Zillow. “Since then, though, demand for less expensive, entry-level homes has built steadily, causing prices to grow rapidly. As a result, these homeowners have been able to build wealth at a faster pace than owners of more expensive homes.”

Entry-level homeowners (those in the lowest third in value) have grown their equity by 44.4 percent in the last five years (8.5 percent in the past year), the analysis reveals; at the other end of the spectrum, higher-end homeowners (those in the highest third in value) have grown their equity by 26.6 percent—3.6 percent in the past year.

Appreciation is good for homeowners, but adds to affordability issues, and buyers are competing for the dearth of starter supply.

The areas that have appreciated the most in the starter tier are Las Vegas, Nev. (+104.4 percent in the last five years), San Francisco, Calif. (+103.3 percent), Miami-Ft. Lauderdale, Fla. (+102.2 percent), Sacramento, Calif. (+101 percent) and Tampa, Fla. (+95.2 percent). Entry-level homeowners have gained the most equity in the past year in Tampa, Fla. (+20.4 percent), Las Vegas, Nev. (+19.9 percent), San Antonio, Texas (+18.4 percent), San Jose, Calif. (+18 percent), and Detroit, Mich. (+17.2 percent).

Zillow_Appreciation_Starter

For more information, please visit www.zillow.com.

For the latest real estate news and trends, bookmark RISMedia.com.

Tags: Entry-Level HomesHome EquityHome ValuesHousing AffordabilityHousing Inventoryreal estate newsStarter Homes
ShareTweetShare

RISMedia Staff

Related Posts

Beyond Commissions: How Two Leading Brokerage Firms Are Redefining Agent Compensation
Agents

Beyond Commissions: How Two Leading Brokerage Firms Are Redefining Agent Compensation

October 3, 2025
zillow
Agents

Zillow Seeks to Scrutinize Anywhere-Compass Deal for Inconsistencies With Lawsuit Claims

October 3, 2025
Consolidation
Agents

The Consolidation Trend: A Look at the How, Why and Outcomes

October 2, 2025
Forbes Global Properties Welcomes Rhode Island’s Flagship Real Estate Advisors to its Network
Industry News

Forbes Global Properties Welcomes Rhode Island’s Flagship Real Estate Advisors to its Network

October 2, 2025
Final Offer Launches in Denver and the Front Range in Partnership With Several Colorado Brokerages
Industry News

Final Offer Launches in Denver and the Front Range in Partnership With Several Colorado Brokerages

October 3, 2025
Lone Wolf Technologies Expands Partnership with the California Association of Realtors®
Industry News

Lone Wolf Technologies Expands Partnership with the California Association of Realtors®

October 3, 2025
Please login to join discussion
Tip of the Day

Stop Relying on “I Tried”

Most people don’t fail because they’re untalented—they fail because they settle. If you’ve been in a rut, this might be for you. Learn more.

Business Tip of the Day provided by

Recent Posts

  • Beyond Commissions: How Two Leading Brokerage Firms Are Redefining Agent Compensation
  • Zillow Seeks to Scrutinize Anywhere-Compass Deal for Inconsistencies With Lawsuit Claims
  • The Consolidation Trend: A Look at the How, Why and Outcomes

Categories

  • Spotlights
  • Best Practices
  • Advice
  • Marketing
  • Technology
  • Social Media

The Most Important Real Estate News & Events

Click below to receive the latest real estate news and events directly to your inbox.

Sign Up
By signing up, you agree to our TOS and Privacy Policy.

About Blog Our Products Our Team Contact Advertise/Sponsor Media Kit Email Whitelist Terms & Policies ACE Marketing Technologies LLC

© 2025 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

No Result
View All Result
  • Home
  • Premier
  • Reports
  • News
    • Agents
    • Brokers
    • Teams
    • Consumer
    • Marketing
    • Coaching
    • Technology
    • Headliners New
    • Luxury
    • Best Practices
    • National
    • Our Editors
  • Publications
    • Real Estate Magazine
    • Past Issues
    • Custom Covers
  • Events
    • Upcoming Events
    • Podcasts
    • Event Coverage
  • Education
    • Get Licensed
    • REALTOR® Courses
    • Continuing Education
    • Luxury Designation
    • Real Estate Tools
  • Newsmakers
    • 2025 Newsmakers
    • 2024 Newsmakers
    • 2023 Newsmakers
    • 2022 Newsmakers
    • 2021 Newsmakers
    • 2020 Newsmakers
    • 2019 Newsmakers
  • Power Broker
    • 2025 Power Broker
    • 2024 Power Broker
    • 2023 Power Broker
    • 2022 Power Broker
    • 2021 Power Broker
    • 2020 Power Broker
    • 2019 Power Broker
  • Join Premier
  • Sign In

© 2025 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

X