Market Updates

June 8, 2020

Why This Summer Is the 2020 Real Estate Season

 

With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate season is shifting into the summer. …

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May 18, 2020

How Much “Housing Wealth” Can You Build in a Decade?

How Much “Housing Wealth” Can You Build in a Decade? | MyKCM

Earlier this month, the National Association of Realtors (NAR) released a special study titled Single-Family Home Price Gains by Years of Tenure. The study estimates median home price appreciation over the last 30 years based on the length of homeownership.

Below are three graphs depicting the most important data …

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May 13, 2020

Ranked: The 10 US Cities Best Positioned To Recover From Coronavirus (And The 10 Worst)

As the world around us continues to shift, it's hard not to wonder how cities will recover post-pandemic. Forbes has published a new article projecting how well cities are expected to bounce back based on the report issued by Moody's Analytics.⁣

The article "𝘙𝘢𝘯𝘬𝘦𝘥: 𝘛𝘩𝘦 𝟷𝟶 𝘜𝘚 𝘊𝘪𝘵𝘪𝘦𝘴 𝘉𝘦𝘴𝘵 𝘗𝘰𝘴𝘪𝘵𝘪𝘰𝘯𝘦𝘥 …

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May 11, 2020

Rise to the Top of the Pool by Selling Your House Today

Rise to the Top of the Pool by Selling Your House Today | MyKCM

With the release of the latest Economic Pulse Flash Survey from the National Association of Realtors (NAR), results show that people selling their houses today are holding strong on price. According to the most recent data, 74% of real estate agents noted that sellers are not dropping listing prices …

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May 4, 2020

Today’s Expert Insight on the Housing Market [INFOGRAPHIC]

Today’s Expert Insight on the Housing Market [INFOGRAPHIC] | MyKCM

 

Some Highlights

  • According to Lawrence Yun, Chief Economist at NAR, home prices are forecasted to rise.
  • Results from the Existing Home Sales Report note that home sales declined in March due to the coronavirus, but prices are still strong.
  • Let’s connect so you can better understand your home’s …
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April 16, 2020

What If I Need to Sell My Home Now? What Can I Do?

What If I Need to Sell My Home Now? What Can I Do? | MyKCM

 

Every day that passes, people have a need to buy and sell homes. That doesn’t stop during the current pandemic. If you’ve had a major life change recently, whether with your job or your family situation, you may be in a position where you need to sell your home …

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April 8, 2020

Looking to the Future: What the Experts Are Saying

Looking to the Future: What the Experts Are Saying | MyKCM

As our lives, our businesses, and the world we live in change day by day, we’re all left wondering how long this will last. How long will we feel the effects of the coronavirus? How deep will the impact go? The human toll may forever change families, but the economic …

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Posted in Market Updates, News
March 27, 2020

Three Reasons Why This Is Not a Housing Crisis

In times of uncertainty, one of the best things we can do to ease our fears is to educate ourselves with research, facts, and data. Digging into past experiences by reviewing historical trends and understanding the peaks and valleys of what’s come before us is one of the many ways …

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March 23, 2020

How Interest Rates Can Impact Your Monthly Housing Payments

How Interest Rates Can Impact Your Monthly Housing Payments | MyKCM

Spring is right around the corner, so flowers are starting to bloom, and many potential homebuyers are getting ready to step into the market. If you’re thinking of buying this season, here’s how mortgage interest rates are working in your favor.

Freddie Mac explains:

If you're in …

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March 16, 2020

How Your Tax Refund Can Move You Toward Homeownership This Year

How Your Tax Refund Can Move You Toward Homeownership This Year | MyKCM

If you’re looking to buy a home in 2020, have you thought about putting your tax refund toward a down payment? Homeownership may be one step closer than you think if you spend your dollars wisely this year.

Based on data released by the Internal Revenue Service (IRS), Americans can expect an …

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