A new report from Gravy Analytics provides insight into where people are searching for homes and what they’re prioritizing most right now. That information could help you plan your own move
1.PeopleAreMovingtoCitieswithLowerHousingCosts
One big factor motivating where buyers are going is affordability and that’s no big surprise People are relocating to areas that have less expensive housing options As a result, small cities are thriving. Hannah Jones, Economics Data Analyst at Realtor.com, summarizes why:
“Affordability is still very much front and center . . . a lot of what’s available is outside of the price range of many buyers. . . .so they look elsewhere for a little more bang for the buck.”
The takeaway for you? If you’re having trouble finding a home that fits your budget, it may help to browse other, more affordable locations nearby.
2.PeopleWanttoLiveWhereTheyVacation
And, if you’re already expanding your search radius, you may be able to include a location that features your favorite type of destination, like a suburb near the beach or a mountain town Data shows many other homeowners are making that type of move a priority today According to the same report from Gravy Analytics:
“Whether it’s the opportunity to enjoy more weekend hikes in the mountains or to wake up to a lakeside sunrise, people are moving to areas that were once thought of as vacation spots.”
Even with today’s home prices and mortgage rates, here’s why a move like this could be possible for you If you’re already a homeowner, the equity you’ll get when you sell your current house can help fuel that move and give you the down payment you’d need for your dream home.
Ongoing remote work is another major factor in where people are moving A recent report from the McKinsey Global Institute says this about recent movement patterns:
“Many of these moves happened because employees untethered from their daily commutes began to care less about how far they lived from the office.”
If you’re a remote or hybrid worker, you don’t have to live in the same city, or sometimes even the same state, as your job That means you can prioritize other things, like being closer to loved ones, when buying a home
In fact, the same McKinsey Global Institute report notes for people who moved during the pandemic, 55% reported moving farther from the office. And since remote work is still a popular choice today, homebuyers will likely continue to take advantage of that flexibility.
If you’re thinking of making a move, you may be considering the inventory and affordability challenges in the housing market and wondering what you can do to help offset those.
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Fall Decorating Trends to Inspire You
As the leaves begin to change and a crisp breeze fills the air, it's time to embrace the cozy and enchanting ambiance of fall. With each passing year, new decorating trends emerge to infuse our homes with the spirit of the season. From nature-inspired elements to rich color palettes, let's dive into the top trends that will help you create an inviting autumnal atmosphere.
Earthy Color Palettes:
This fall, expect to see a return to earthy color palettes that mirror the changing landscape outdoors. Deep shades of forest green, warm terracottas, rusty oranges, and mustard yellows will dominate interior spaces. Consider incorporating these colors through throw pillows, blankets, curtains, and even accent walls for a cozy and harmonious feel.
Vintage and Rustic Accents
Vintage and rustic elements continue to make a strong presence in fall decor. Look for weathered wood, distressed furniture, and antique accessories to add a sense of nostalgia to your spaces. A vintage chest as a coffee table or a weathered barn door as wall art can instantly elevate your fall decor game.
Natural Textures
Bringing the outdoors inside remains a timeless trend for fall. Embrace natural textures like woven baskets, jute rugs, and rustic pottery to infuse warmth and authenticity into your interiors. Incorporate leafy branches, pinecones, and dried flowers for a touch of rustic elegance.
Candlelit Ambiance
Creating a cozy atmosphere is a hallmark of fall decorating, and nothing achieves that quite like candlelight Scatter an assortment of candles, lanterns, and candle holders throughout your home to cast a warm and intimate glow. Scented candles with notes of cinnamon, vanilla, and apple can also evoke the comforting scents of the season.
