Svenja Gudell - Zillow


Last quote by Svenja Gudell

We've seen the enormous impact flooding can have on a city and its residents. It's harder for us to think about it on a long-term timeline, but the real risks that come with rising sea levels should not be ignored until it's too late to address
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Oct 18 2017
Svenja Gudell has been quoted 42 times. The one recent article where Svenja Gudell has been quoted is Rising seas threaten nearly $1 trillion worth of US homes, and most of them are moderately priced: Zillow. Most recently, Svenja Gudell was quoted as having said, “Living near the water is incredibly appealing for people around the country, but it also comes with additional considerations for buyers and homeowners. Homes in low-lying areas are also more susceptible to storm flooding and these risks could be realized on a much shorter timeline as we have seen time and time again.”.
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Svenja Gudell quotes

Sep 12 2017

It is one of the most affordable housing markets in the country because people were able to build in places where they were likely to get flooded in the

Aug 17 2017

Oakland used to be a relatively affordable city where homes were $500,000 three years ago. Now, it's almost $700,000, and I can guarantee you incomes have not kept up with

Jul 31 2017

Determining how much a home will ultimately cost you each year and what you can afford is one of the most challenging aspects of home buying, especially for first-time buyers. Before starting a home search, take a good look at your finances to determine a monthly payment range you can comfortably

Jul 25 2017

Sooner or later something will have to give. Demand will fade, builders will begin delivering more new homes and/or more sellers will start coming out of the woodwork. But for the time being, expect this strong sellers' market to

Jul 20 2017

When we train our models, we observe the sales that actually happen, and then we're able to extrapolate that information to price every other home. You take the characteristics of the house and use that to price the home. The national housing market remains red hot and shows no signs of slowing, even as some local markets like the Bay Area have noticeably cooled. But even in areas where the housing market has slowed, home values are at or very near peak levels, selection is limited, demand is high and competition is

Jul 20 2017

Sometimes they'll be off by a lot and sometimes by a little bit, but the really nice part for a consumer identifying the overall trend in the market is that our estimates are unbiased. They're just as likely to be high as they are to be low. You just want to see what home values are doing over

Jun 21 2017

It's no exaggeration to say that current buying conditions in many markets are terrible, with sellers in complete control and buyers forced to contend with cutthroat competition and intense pressure to make a

Jun 21 2017 - Trump Presidency

They're actually much more aligned to their grandparents than to their parents when it comes to housing. They believe owning a home is part of the good

May 14 2017

Once mortgage rates climb to 5 or 5.5 percent, we are going to start to see the lock-in effect really take

May 12 2017

As millennials reach the typical homebuying age, they are coming into a tough housing market with low inventory and lots of competition. More challenging metros aren't out of reach for new buyers, but they should be prepared to face a more competitive buying

Apr 12 2017

Rising rents are also a factor – it's extremely difficult to save when you're paying record-high rents. For those trying to save for a down payment, it's important to set realistic goals and realize it may take a few

Mar 23 2017

It's hard to understate how important it will be for builders to continue adding new inventory to the market, especially in the low- and mid-priced segments where so much of the current home buyer demand lies. But a few months of good progress won't meaningfully change the dynamics of this year's home shopping season – inventory is tight, competition will be fierce, and buyers need to be prepared to weather some frustration and show a lot of

Mar 20 2017

The nice thing is, there's quite a bit of overlap between these two lists as a renter and an

Mar 16 2017 - LinkedIn

You move to Seattle for Amazon but you end up at

Mar 16 2017 - LinkedIn

High demand and inventory shortages have driven up housing prices in some markets so much that even if you land a great job, the salary might not cover living within commuting distance. On the other hand, the nation's most affordable housing markets don't always offer plentiful employment

Mar 16 2017

Rising rates pose just a modest headwind for home shoppers in the priciest housing markets. For the typical American home shopper, implications of [Wednesday's] vote should only increase their monthly mortgage payment by about $16, or about $197 per year. Tight inventory remains a much more pressing concern for home shoppers today, a situation that is unlikely to ease in the months

Mar 02 2017

With 3 percent fewer homes on the market than last year, 2017 is shaping up to be another competitive buying season. Many homebuyers who started looking for homes in the early spring will still be searching for their dream home months later. By May, some buyers may be anxious to get settled into a new home – and will be more willing to pay a premium to close the

Mar 02 2017

In colder climates like Boston, Chicago and Seattle, buyer interest tends to spike a bit later in the summer; in warmer areas like Miami, Tampa and Phoenix, the best time to list comes earlier in the spring. Typically, sellers in climates without distinct seasons will find themselves with more flexibility in list time frame, as these markets show little variation in sale price based on listing

Feb 22 2017

It's likely that a combination of tight inventory and low mortgage interest rates is pushing some buyers into the market early this year, both to capitalize on low mortgage interest rates while they can and to get a jump on the competition to come in the busy spring home shopping

Jan 27 2017

Going forward, it's unlikely that housing will be much of a drag on growth, but Q4 data showed a slowdown in wage and salary growth that could certainly impact housing affordability, particularly as interest rates keep

Jan 04 2017

My advice to buyers would be to not freak out and feel a sense of urgency. If you aren't able to buy a house at 4.5 percent, you probably weren't able to buy a house at 4

Nov 29 2016

The housing market has been favoring sellers for the past few years. Sellers in the current housing landscape often have the luxury of listing their home 'as-is' without fixing it up or with only minimal window-dressing since demand for homes has been high and inventory low. It's common for sellers to receive multiple bids, and in the hottest markets, sell for over asking price, but these conditions will change in the

Nov 29 2016

Inadequate supply of homes available to buy – especially at the entry-level end of the market – remains a huge

Nov 22 2016

Clearly, the market continues to underestimate just how much demand for homes is out there, even in the face of tight inventory and rising existing home prices that are now the highest on

Oct 25 2016

Still, the market can't stay on this course forever, and continued inventory shortages are leading to intense competition, escalating prices and mounting buyer frustration, with the average home search over the past year taking more than four

Aug 18 2016

At its worst, negative equity touched all kinds of homeowners in all kinds of markets. The type of community a given home was in – urban or suburban – mattered little. Fast-forward a few years, and the relative vibrancy of a given community and how it has performed over the past few years, and not necessarily its location in the city or suburbs, matters a great

Jul 28 2016

Broadly speaking, the falling homeownership rate is a sign that renting isn't only for those just starting out or making a transition, but is becoming an increasingly viable longer-term option for many households. It also means incomes are not yet rising quickly enough to broadly support new homeownership, and that inventory remains too tight to allow for meaningful access to affordable

Jul 14 2016 - Pokemon

I think right now it has more than a novel feeling to it. I don't think people are expecting it to move the needle on any

May 24 2016

The struggle will continue for home shoppers this summer. New construction has been sluggish over the past year; we're building about half as many homes as we should be in a normal market. There still aren't enough homes on the market to keep up with the high demand from every type of

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