Housing Market + Economy

Aug. 5, 2020

Why Homeowners Have Great Selling Power Today

 

Why Homeowners Have Great Selling Power Today | MyKCM

We’re sitting in an optimal moment in time for homeowners who are ready to sell their houses and make a move this year. Today’s homeowners are, on average, staying in their homes longer than they used to, and this is one factor driving increased homeowner equity. When equity grows …

View More
July 29, 2020

Guidance and Support Are Key When Buying Your First Home

 

Guidance and Support Are Key When Buying Your First Home | MyKCM

In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR):

“The share of first-time buyers increased in March through June—right into the heart of the pandemic period …

View More
July 22, 2020

A Remarkable Recovery for the Housing Market

 

A Remarkable Recovery for the Housing Market | MyKCM

For months now the vast majority of Americans have been asking the same question: When will the economy turn around? Many experts have been saying the housing market will lead the way to a recovery, and today we’re seeing signs of that coming to light. With record-low mortgage …

View More
July 15, 2020

Does Your Home Have What Buyers Are Looking For?

 

Does Your Home Have What Buyers Are Looking For? | MyKCM

There’s great opportunity for today’s homeowners to sell their houses and make a move, yet due to the impact of the ongoing health crisis, some sellers are taking their time coming back to the market. According to Javier Vivas, Director of Economic Research at realtor.com:

“Sellers …

View More
July 8, 2020

Taking Advantage of Homebuying Affordability in Today’s Market

 

Taking Advantage of Homebuying Affordability in Today’s Market | MyKCM

Everyone is ready to buy a home at different times in their lives, and despite the health crisis, today is no exception. Understanding how affordability works and the main market factors that impact it may help those who are ready to buy a home narrow down their optimal window …

View More
July 1, 2020

What Are Experts Saying About the Rest of 2020?

 

What Are Experts Saying About the Rest of 2020? | MyKCM

One of the biggest questions on everyone’s minds these days is: What’s going to happen to the housing market in the second half of the year? Based on recent data on the economy, unemployment, real estate, and more, many economists are revising their forecasts for the remainder …

View More
June 8, 2020

Tax Matters and Sales of Residences

The topic this week is tax matters!

We are not talking here about any huge new law, but refreshing all my readers’ memories of a law that was (and is) very favorable to many of your customers, but has been of little or no consequence during the past Recession, now …

View More
June 3, 2020

Buying or Selling a Home? You Need an Expert Kind of Guide

 

Buying or Selling a Home? You Need an Expert Kind of Guide | MyKCM

In a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate through the process. You need someone you can turn to who will tell you how to price your home correctly right from the start. You need someone who …

View More
May 27, 2020

6 Reasons Why Selling Your House on Your Own Is a Mistake

 

6 Reasons Why Selling Your House on Your Own Is a Mistake | MyKCM

There are many benefits to working with a real estate professional when selling your house. During challenging times like the one we face today, it becomes even more important to have an expert help guide you through the process. If you’re considering selling on your own, known in the …

View More
May 13, 2020

Why Home Equity Is a Bright Spark in the Housing Market

 

Why Home Equity is a Bright Spark in the Housing Market | MyKCM

Given how we have seen more unemployment claims than ever before over the past several weeks, fear is spreading widely. Some good news, however, shows that more than 4 million initial unemployment filers have likely already found a new job, especially as industries such as health care, food and …

View More