Zillow Forecasts Modest Home Price Increase
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy Z?
Source: Yahoo Finance
- Home Price Forecast: Zillow's latest forecast indicates a 0.3% increase in home prices for 2023, which, despite being a downgrade from last month, still offers homeowners some asset appreciation opportunities when extracting home value.
- Rising HELOC Rates: According to Curinos, the average adjustable-rate HELOC has risen to 7.24%, an increase of four basis points from last month, reflecting higher borrowing costs that may influence borrowers' financing decisions.
- Fixed-Rate Loan Changes: The national average rate for fixed-rate home equity loans stands at 7.37%, down 10 basis points from last month; however, borrowers need to remain vigilant about market fluctuations to lock in favorable rates at the right time.
- Borrowing Choice Analysis: The choice between a HELOC and a home equity loan depends on how the funds will be used, with HELOCs offering flexible withdrawals but potentially facing higher initial draw requirements, while home equity loans provide a lump sum, suitable for borrowers needing substantial funds.
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Analyst Views on Z
Wall Street analysts forecast Z stock price to rise
8 Analyst Rating
3 Buy
5 Hold
0 Sell
Moderate Buy
Current: 46.170
Low
70.00
Averages
87.40
High
100.00
Current: 46.170
Low
70.00
Averages
87.40
High
100.00
About Z
Zillow Group, Inc. helps people find and get the home they want by connecting them with digital solutions, dedicated partners and agents, and buying, selling, financing, and renting experiences. The Company’s affiliates, subsidiaries, and brands include Zillow, Zillow Premier Agent, Zillow Home Loans, Zillow Rentals, Trulia, Out East, StreetEasy, HotPads, ShowingTime+, Spruce, and Follow Up Boss. It helps renters, buyers, sellers, and real estate professionals across all their residential real estate needs through its housing super app, which serves as an ecosystem of connected solutions for the tasks and services related to moving. It provides integrated transaction experience for movers through Zillow, its network of partners, its affiliated brands, and through a comprehensive suite of marketing software and technology solutions for the real estate industry, including ShowingTime+, Follow Up Boss and Spruce. It offers multifamily property managers a variety of advertising products.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Home Price Forecast: Zillow's latest forecast indicates a 0.3% increase in home prices for 2023, which, despite being a downgrade from last month, still offers homeowners some asset appreciation opportunities when extracting home value.
- Rising HELOC Rates: According to Curinos, the average adjustable-rate HELOC has risen to 7.24%, an increase of four basis points from last month, reflecting higher borrowing costs that may influence borrowers' financing decisions.
- Fixed-Rate Loan Changes: The national average rate for fixed-rate home equity loans stands at 7.37%, down 10 basis points from last month; however, borrowers need to remain vigilant about market fluctuations to lock in favorable rates at the right time.
- Borrowing Choice Analysis: The choice between a HELOC and a home equity loan depends on how the funds will be used, with HELOCs offering flexible withdrawals but potentially facing higher initial draw requirements, while home equity loans provide a lump sum, suitable for borrowers needing substantial funds.
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- Current Mortgage Rates: According to Zillow, the average 30-year fixed mortgage rate is now 6.10%, up one basis point from yesterday, while the 15-year fixed rate has increased to 5.56%, indicating that borrowing costs remain relatively stable despite market turbulence.
- Refinance Rate Overview: The latest data shows that the 30-year fixed refinance rate is at 6.13%, and the 15-year fixed refinance rate is at 5.60%, which may influence borrowers' refinancing decisions, especially in the current economic climate.
- Factors Affecting Rates: Mortgage rates are influenced by various factors, including borrowers' credit scores and debt-to-income ratios; if borrowers can improve their credit scores or reduce debt, they may secure lower rates, thereby reducing long-term borrowing costs.
- Market Trend Analysis: Although current mortgage rates are higher than historical lows, experts suggest that refinancing may be wise when new rates are 1% to 2% lower than existing rates, which will impact future borrowing behavior and market liquidity.
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- Securities Claims Investigation: Rosen Law Firm announces an investigation into potential securities claims against Zillow Group due to allegations of issuing materially misleading business information, indicating that shareholders may be entitled to compensation.
- Class Action Preparation: The firm is preparing a class action to seek recovery for investor losses without any upfront costs, demonstrating a commitment to protecting investor rights and interests.
- FTC Lawsuit Impact: On September 30, 2025, the Federal Trade Commission sued Zillow and Redfin over an illegal agreement to suppress rental advertising competition, resulting in a 4.6% drop in Zillow's Class C stock on October 1, 2025, highlighting concerns about the company's compliance.
- Firm Reputation: Rosen Law Firm is recognized for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, underscoring its leadership position and strong support for shareholders.
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- Surge in Trading Volume: Opendoor Technologies saw its trading volume reach 75.7 million shares, approximately 76% above the three-month average of 43 million shares, indicating renewed investor interest in its AI-driven iBuying platform despite ongoing housing market pressures.
- Stock Performance: The company's stock closed at $5.45 on Tuesday, reflecting a 1.87% increase, which highlights market concerns regarding its performance amid high mortgage rates and inconsistent transaction volumes, even as the stock has fallen 50% since its IPO in 2020.
- Profitability Risks: Opendoor's business model relies on buying and reselling homes at scale, and the current high mortgage rates along with unstable transaction volumes continue to suppress housing activity, forcing the company to seek a sustainable path to profitability under varying market conditions.
- Market Challenges: While Opendoor is refining its purchasing strategy to improve unit economics, the central challenge remains whether it can quickly resell homes acquired under the new approach at stable prices while minimizing inventory risk in a market with little margin for pricing errors.
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- Securities Claims Investigation: Rosen Law Firm is investigating potential securities claims against Zillow Group, Inc. (NASDAQ: Z, ZG) for possibly issuing materially misleading business information, indicating legal risks that could negatively impact the company's stock performance.
- Class Action Preparation: Shareholders who purchased Zillow securities may be entitled to compensation through a contingency fee arrangement, highlighting investor concerns over the company's transparency and potentially prompting more investors to seek legal recourse.
- FTC Lawsuit Impact: On September 30, 2025, the Federal Trade Commission (FTC) sued Zillow and Redfin for an unlawful agreement to suppress rental advertising competition, resulting in a 4.6% drop in Zillow's Class C stock on October 1, 2025, reflecting market worries about the company's compliance.
- Law Firm Reputation: Rosen Law Firm is renowned for its successful track record in securities class actions, recovering over $438 million for investors in 2019 alone, showcasing its expertise in handling similar cases and potentially attracting more affected investors to join the lawsuit.
See More
- Current Mortgage Rates: According to Zillow data, the average 30-year fixed mortgage rate is 6.02%, while the 15-year fixed rate stands at 5.50%, indicating that lower rates may stimulate homebuying demand and support a recovery in the real estate market.
- Refinance Rate Overview: The 30-year fixed refinance rate is at 6.12%, and the 15-year fixed refinance rate is 5.57%, suggesting that borrowers may face higher refinancing costs, which could impact their financial decisions and market liquidity.
- Adjustable Rate Mortgages: The 5/1 ARM rate is 6.17%, and while the initial rate is lower, borrowers must be cautious of potential increases after the lock-in period, which could lead to future financial strain, especially in a rising rate environment.
- Homebuyer Strategies: To secure lower mortgage rates, borrowers should aim to increase their down payment, improve credit scores, and reduce debt-to-income ratios, which will help them obtain more favorable loan terms in a competitive market.
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