Interest Rates

April 19, 2022

Key To Building Wealth Is Homeownership



The link between financial security and homeownership is especially important today as inflation rises.  But many people may not realize just how much owning a home in Boise contributes to your overall net worth. As Leslie Rouda Smith, President of the National Association of Realtors (NAR), says ...

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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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Jan. 4, 2022

Mortgage Rates Continue To Rise in 2022

Experts Project Mortgage Rates Will Continue To Rise in 2022

Experts Project Mortgage Rates Will Continue To Rise in 2022 | MyKCM

Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit ...

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Oct. 27, 2021

Boise Housing Supply Is Rising. What Does That Mean for You?

 

Housing Supply Is Rising. What Does That Mean for You? | MyKCM

An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at First American, recently said of our supply challenges:

“ ...

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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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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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July 21, 2021

Should I Move or Refinance?

 

Should I Move or Refinance? | MyKCM

The level of equity homeowners have is at an all-time high. According to the U.S. Censusover 38% of owner-occupied homes are owned free and clear, meaning they don’t have a mortgage. Those with a mortgage are seeing their equity skyrocket too. Every time real estate values ...

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