Market Updates

Sept. 2, 2020

It's Not Just About the Price of the Home

It’s Not Just About the Price of the Home | MyKCM

When most of us begin searching for a home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts the purchase. It’s not just the price of the house that matters, but the overall cost in the long run. Today, that’s …

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Aug. 31, 2020

Three Ways to Help You Win in a Bidding War

Three Ways to Win in a Bidding War | MyKCM

With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can put your best foot forward – quickly and …

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Aug. 20, 2020

Good News - Forbearance Numbers Are Lower than Expected

Forbearance Numbers Are Lower than Expected | MyKCM

Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the 2006-2008 housing crash all over again. Once you …

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Aug. 19, 2020

Just How Strong Is the Housing Recovery?

Just How Strong Is the Housing Recovery? | MyKCM

The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward through this major health crisis. Let’s look at …

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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 …

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Aug. 17, 2020

Mortgage Rates & Payments by Decade [INFOGRAPHIC]

Mortgage Rates & Payments by Decade [INFOGRAPHIC] | MyKCM

Some Highlights

  • Sometimes it helps to see the dollars and cents you’ll save when you purchase a home while mortgage rates are low.
  • Today’s low rates mean it’s less expensive to borrow money, so the savings over the life of your loan is significant.
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Aug. 15, 2020

Housing by the Numbers

Things are moving quickly in today's real estate market, but the numbers are looking good for both buyers and sellers. Let's connect to make sure you have what you need to achieve your housing goals for this year. 

 

 

Aug. 13, 2020

Expert Reactions to the 2020 Housing Market Recovery

Experts are raving about the amazing recovery the housing market has made. Let's connect to plan the best move you and your family can make this year. Give us a call at 540-538-7092 to schedule your one-on-one consultation with one of our top agents. 

 

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Posted in Market Updates
Aug. 4, 2020

Where Is the Housing Market Headed for the Rest of 2020?

Where Is the Housing Market Headed in 2020? [INFOGRAPHIC] | MyKCM

Some Highlights:

  • The housing market is forecasted to finish the year with growing strength.
  • Historically low mortgage rates are creating great potential for homebuyers, and home sales are on the rise.
  • If you’re thinking of buying or selling a home this year, let’s connect …
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Posted in Market Updates
July 30, 2020

Home Sales Surging This Summer

 

Climbing home sales and values are strong signs that the housing market is recovering. Let's connect to plan the best way for you to move forward with your real estate goals this year.

 

Sources for Data in Video
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Posted in Market Updates