Economy

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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Sept. 1, 2021

Dreaming of a Bigger Home? Why Not Buy It This Year?

 

Dreaming of a Bigger Home? Why Not Buy It This Year? | MyKCM

Are you clamoring for extra rooms or a more functional floorplan in your house? Maybe it’s time to make a move. If you’ll be able to work remotely for the long-term or your overall needs have simply changed, it’s a great time to sell your house and move up ...

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Aug. 25, 2021

Americans See Real Estate as a Better Investment Than Stocks or Gold

 

Americans See Real Estate as a Better Investment Than Stocks or Gold | MyKCM

Last month, in a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York noted that Americans believe buying a home is definitely or probably a better investment than buying stocks. Last week, a Gallup Poll reaffirmed those findings.

In an article on the current ...

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Aug. 18, 2021

Why This Is Not Like 2008 Again

 

Why This Is Not Like 2008 Again | MyKCM

During the Great Recession, just over a decade ago, the financial systems the world depended on started to collapse. It created a panic that drove some large companies out of business (ex. Lehman Brothers) and many more into bankruptcy.

The financial crisis that accompanied the current pandemic caused hardship ...

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Aug. 11, 2021

July 2021 Boise Real Estate Market Stats

Aug. 11, 2021

Home Price Appreciation Is as Simple as Supply and Demand

 

Home Price Appreciation Is as Simple as Supply and Demand | MyKCM

Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. As a result, the strong year-over-year home price appreciation ...

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Aug. 4, 2021

The Right Expert Will Guide You Through This Unprecedented Market

 

The Right Expert Will Guide You Through This Unprecedented Market | MyKCM

In a normal market, it’s good to have an experienced guide coaching you through the process of buying or selling a home. That person can advise you on important things like pricing your home correctly or the first steps to take when you’re ready to buy. However, the market ...

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July 28, 2021

Sellers Are Ready To Enter the Housing Market

 

Sellers Are Ready To Enter the Housing Market | MyKCM

One of the biggest questions in real estate today is, “When will sellers return to the housing market?” An ongoing shortage of home supply has created a hyper-competitive environment for hopeful buyers, leading to the ultimate sellers’ market. However, as the economy continues to improve and more people ...

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