Housing Market + Economy

Sept. 8, 2022

Should I Sell My House This Year?

Should I Sell My House This Year? | MyKCM

There’s no denying the housing market is undergoing a shift this season as buyer demand slows and the number of homes for sale grows. But that shift actually gives you some unique benefits when you sell. Here’s a look at the key opportunities you have if you list your house this fall …

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Sept. 7, 2022

Expert Forecasts on Mortgage Rates

Expert Forecasts on Mortgage Rates | MyKCM

If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow?

As you think about your homeownership goals and decide …

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Sept. 6, 2022

Getting Your House Ready To Sell? Work with an Agent for Expert Advice

Getting Your House Ready To Sell? Work with an Agent for Expert Advice | MyKCM

In a market that’s shifting as fast as it is today, many homeowners wonder what, if anything, needs to be renovated before they sell their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what you …

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Sept. 6, 2022

Don’t Get Caught Off Guard by Closing Costs

Don’t Get Caught Off Guard by Closing Costs | MyKCM

As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their closing costs. Here’s some information to help you …

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Sept. 6, 2022

How Owning a Home Builds Your Net Worth

How Owning a Home Builds Your Net Worth | MyKCM

Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is especially …

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Sept. 5, 2022

Buyers: You May Face Less Competition as Bidding Wars Ease

Buyers: You May Face Less Competition as Bidding Wars Ease | MyKCM

One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home …

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Sept. 3, 2022

Should You Buy a Home with Inflation This High?

Should You Buy a Home with Inflation This High? | MyKCM

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up. You no doubt are feeling the pinch on your wallet at the gas pump or the grocery store, but that news may also leave you wondering: should …

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Sept. 2, 2022

Here’s Why It’s Still a Sellers’ Market

Here's Why It's Still a Sellers' Market [INFOGRAPHIC] | MyKCM

Some Highlights

  • While buyer demand has moderated and housing supply has grown in recent months, it’s still a sellers’ market because inventory is low.
  • The latest data shows sellers continue to benefit from serious buyers and competitive offers. In July, the average home received 2.8 offers and 39% sold …
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Sept. 1, 2022

Selling Your House? Your Asking Price Matters More Now Than Ever

Selling Your House? Your Asking Price Matters More Now Than Ever | MyKCM

There’s no doubt about the fact that the housing market is slowing from the frenzy we saw over the past two years. But what does that mean for you if you’re thinking of selling your house?

While home prices are still appreciating in most markets and experts say that will …

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Sept. 1, 2022

Buying a Home May Make More Financial Sense Than Renting One

Buying a Home May Make More Financial Sense Than Renting One | MyKCM

If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. As a recent article from realtor.com  …

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