Economy

Feb. 22, 2022

How Much Do You Need for Your Down Payment?

 


As you set out on your home buying journey, you likely have a plan in place, and you’re working on saving for your purchase. But do you know how much you actually need for your down payment?

If you think you have to put 20% down, you may have ...

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Feb. 15, 2022

Inflation Shouldn’t Stop You from Buying a Home in 2022

Why Inflation Shouldn’t Stop You from Buying a Home in 2022


If you’re following along with the news today, you’re probably hearing a lot about record-breaking home prices, rising consumer costs, supply chain constraints, and more. In Boise, if you’re thinking about purchasing a home this year, all of these ...

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Dec. 21, 2021

Sellers Succeed When Housing Inventory Is Low

How Sellers Succeed When Housing Inventory Is Low



In today’s Boise housing market, the number of homes for sale is much lower than the strong buyer demand. As a result, homeowners ready to sell have a significant advantage. Here are three ways today’s low inventory will set you up for ...

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Dec. 7, 2021

Winter in Boise Like Never Before

Home Sales About To Surge? We May See a Boise Winter Like Never Before.

Home Sales About To Surge? We May See a Winter Like Never Before. | MyKCM

Like most industries, Boise's residential real estate has seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More ...

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Nov. 3, 2021

Why You May Want To Cash in on Your Second Home

 

Why You May Want To Cash in on Your Second Home | MyKCM

When stay-at-home mandates were enforced last year, many households realized their homes didn’t really fulfill their new lifestyle needs. An office (in some cases two), a media room, space for children to learn, a gym, and a large yard are all examples of amenities that became highly desirable almost ...

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Oct. 20, 2021

3 Charts That Show This Isn’t a Housing Bubble

 

3 Charts That Show This Isn’t a Housing Bubble | MyKCM

With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons.

1. The housing market isn’t driven by risky mortgage loans ...

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Oct. 13, 2021

Diving Deep into Today’s Biggest Buyer Concerns

 

Diving Deep into Today’s Biggest Buyer Concerns | MyKCM

Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans believe it’s a “bad time to buy” a home ...

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Sept. 22, 2021

3 Things To Prioritize When Selling Your House

 

3 Things To Prioritize When Selling Your House | MyKCM

Today’s housing market is full of unprecedented opportunities. High buyer demand paired with record-low housing inventory is creating the ultimate sellers’ market, which means it’s a fantastic time to sell your house. However, that doesn’t mean sellers are guaranteed success no matter what. There are still some key things ...

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Sept. 15, 2021

How Misunderstandings about Affordability Could Cost You

 

How Misunderstandings about Affordability Could Cost You | MyKCM

There’s a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on affordability from the National Association of Realtors (NAR) shows homes are more affordable today than the historical average, some still have concerns about whether or not it’s ...

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Sept. 8, 2021

What’s Motivating People To Move Right Now?

 

What’s Motivating People To Move Right Now? | MyKCM

This year, Americans are moving for a variety of reasons. The health crisis has truly reshaped our lifestyles and our needs. Spending so much more time in our current homes has driven many people to reconsider what homeownership means and what they find most valuable in their living spaces ...

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