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News Updates

Cooling Housing Market Will Divide the Country in 2023

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Knock Buyer-Seller Market Index shows that buyers will have more leverage in the West, while sellers will maintain an advantage in the East As the reality of high home prices and higher mortgage rates sets in, U.S. homebuyers will gain some leverage in 2023. However, shoppers are in for very different experiences depending on where in the U.S. they are looking to move, according to the Knock Buyer-Seller Market Index 2023 forecast,

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Annual Home Price Growth Slows to Two-Year Low in November

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CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, released the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for November 2022. Year-over-year home price growth ended its 21-month streak of double-digit momentum in November, posting an 8.6% gain, the lowest rate of appreciation in exactly two years. Although 16 states bucked the national trend and saw annual double-digit increases, appreciation is decelerating in many popular housing markets across the country.

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Updates to Conforming loan limits mean 2 million U.S. homes no longer require a jumbo loan

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This could open up more home options for buyers shopping at higher price points and hoping to avoid the additional fees of a jumbo loan More than 2 million homes across the country no longer require a jumbo loan, according to a new analysis by Zillow Home Loans. This means customers will have additional available inventory that is covered by a more accessible financing option. The change is due to

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Homes Linger on the Market as Buyers Take Their Time

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The supply of homes for sale posted a record year-over-year increase this week as homes linger on the market. But some buyers are making their way back, with Redfin’s Homebuyer Demand Index showing an uptick in early-stage demand. The total number of homes for sale rose 18% from a year earlier during the four weeks ending December 25, the biggest increase since at least 2015, according to a new report from Redfin

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As Home Buyers Continue to Seek Out Flex Spaces, Clayton Designers Answer the Call

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As homeowner needs evolve, flexible floor plans provide a customizable solution without requiring renovations Clayton, a national builder of attainable housing, continues to evolve home design features as homeowner needs change. As demand for more flex spaces increases post-pandemic, Clayton is focused on providing built-in spaces within its homes that can be customized to meet the evolving needs of the household. Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9030355-home-buyers-seek-out-flex-spaces-clayton-designers-answer-call/ According

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Where and Why Americans Moved in 2022

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Retiring Baby Boomers and Early Gen Xers Drove American Migration Patterns as Eastern States See Highest Inbound Moves United Van Lines released the company’s 46th Annual National Movers Study, which indicates Americans continued to move to lower-density areas accelerated by lifestyle preferences such as a career change, retirement and wanting to be closer to family. According to the results of the study, which tracks the company’s exclusive data for customers’ state-to-state migration patterns, Vermont saw

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