Real Estate News

Nov. 12, 2020

Winter Will Bring a Flurry of Activity to the Housing Market

Snow and gloves

In the second half of this year, the housing market surged with activity. Today, real estate experts are looking ahead to the winter season and the forecast is anything but chilly. As Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), notes:

“It will be one ...

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Posted in Real Estate News
Sept. 30, 2020

Where Are Home Values Headed Over The Next 12 Months?

Where Are Home Values Headed Over the Next 12 Months? | MyKCM

As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market. Specifically, there was concern about home values. After years of rising home prices, would 2020 be the year this appreciation trend would come to a screeching halt? Even worse, would ...

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Posted in Real Estate News
Sept. 23, 2020

Home Builder Confidence Hits All Time Record

Home Builder Confidence Hits All-Time Record | MyKCM
Last week, the National Association of Home Builders (NAHB) reported their Housing Market Index (HMI) hit an all-time high in the 35-year history of the series with a score of 83. The index gauges builder perceptions of current single-family home sales and sale expectations ...

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Posted in Real Estate News
Sept. 19, 2020

Home Sales Are Humming!

CLICK BELOW TO SEE THE LATEST VIDEO ABOUT INCREASES IN HOME SALES AND VALUES!

Thumbnail - Home Sales Are Humming

Posted in Real Estate News
Sept. 18, 2020

Move-Up vs. Second Home: Which One Is Right For You?

Home in the sand

The pandemic has changed the way many of us live, work, and attend school—and those changes have impacted our priorities when it comes to choosing a home.

 According to a recent survey by The Harris Poll, 75% of respondents who have begun working remotely would like to continue doing ...

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Posted in Real Estate News
Sept. 16, 2020

The Surging Real Estate Market Continues to Climb

The Surging Real Estate Market Continues to Climb | MyKCM

Earlier this year, realtor.com announced the release of the Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry by tracking each of the following:

  1. Housing Demand ...
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Posted in Real Estate News
Aug. 18, 2020

Sellers Are Returning To The Housing Market

Sellers Are Returning to the Housing Market | MyKCM

In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential buyers. Javier ...

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Posted in Real Estate News
Aug. 13, 2020

Homes Are More Affordable Right Now Than They Have Been in Years

Affordable Housing Map

Today, home prices are appreciating. When we hear prices are going up, it’s normal to think a home will cost more as the trend continues. The way the housing market is positioned today, however, low mortgage rates are actually making homes more affordable, even as prices rise. Here’s why.

According ...

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Posted in Real Estate News
Aug. 8, 2020

Lowest Mortgage Rates in History: What It Means for Homeowners and Buyers

In July, the average 30-year fixed-rate mortgage fell below 3% for the first time in history.1 And while many Americans have rushed to take advantage of this unprecedented opportunity, others question the hype. Are today’s rates truly a bargain?

While average mortgage rates have drifted between 4% and 5 ...

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Posted in Real Estate News
July 1, 2020

HISTORIC REBOUND FOR HOUSING MARKET

A Historic Rebound for the Housing Market

Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is this ...

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Posted in Real Estate News