Market Updates

June 13, 2022

More Americans Choose Real Estate as the Best Investment Than Ever Before

More Americans Choose Real Estate as the Best Investment Than Ever Before | MyKCM

Americans’ opinion on the value of real estate as an investment is climbing. That’s according to an annual survey from Gallup. Not only is real estate viewed as the best investment for the ninth year in a row, but more Americans selected it than ever before.

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June 6, 2022

Why You Need an Expert To Determine the Right Price for Your House

Why You Need an Expert To Determine the Right Price for Your House | MyKCM

If your lifestyle has changed recently and you’re ready to make a move, taking advantage of today’s sellers’ market might be just the answer for your summer plans. With homes continuing to get multiple offers, this could be your moment to get the contract you’re looking …

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June 4, 2022

History Proves Recession Doesn’t Equal a Housing Crisis

History Proves Recession Doesn’t Equal a Housing Crisis [INFOGRAPHIC] | MyKCM

Some Highlights

  • It’s important to understand history proves an economic slowdown does not equal a housing crisis.
  • In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and then by nearly 20% …
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June 1, 2022

Why Home Loans Today Aren’t What They Were in the Past

Why Home Loans Today Aren’t What They Were in the Past | MyKCM

In today’s housing market, many are beginning to wonder if we’re returning to the riskier lending habits and borrowing options that led to the housing crash 15 years ago. Let’s ease those concerns.

Several times a year, the Mortgage Bankers Association (MBA) releases an index titled the 

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May 31, 2022

What Does the Rest of the Year Hold for the Housing Market?

What Does the Rest of the Year Hold for the Housing Market? | MyKCM

If you’re thinking of buying or selling a house, you’re at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So, what does the rest of the year hold for the housing market? Here’s what experts …

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Posted in Market Updates
May 20, 2022

Don’t Let Rising Inflation Delay Your Homeownership Plans

Don’t Let Rising Inflation Delay Your Homeownership Plans INFOGRAPHIC] | MyKCM

Some Highlights

  • If recent headlines about rising inflation are making you wonder if it’s still a good time to buy, here’s what experts have to say.
  • Housing is an asset that typically grows in value. Plus, your mortgage helps stabilize your monthly housing costs
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Posted in Market Updates
May 2, 2022

Today’s Home Price Appreciation Is Great News for Existing Homeowners

Today’s Home Price Appreciation Is Great News for Existing Homeowners | MyKCM

If you’re planning to sell your home this season, rising prices are great news for you. But it’s important to understand why prices are rising to begin with. One major factor is supply and demand.

In any industry, when there are more buyers for an item …

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Posted in Market Updates
April 13, 2022

Where Are Mortgage Rates Headed?

Where Are Mortgage Rates Headed? | MyKCM

There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American:

“You know, the fallacy of economic forecasting is: Don't ever try and forecast interest rates and or, more specifically, if …

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April 9, 2022

Remote Work Trends Mean Flexibility for First-Time Homebuyers

Remote Work Trends Mean Flexibility for First-Time Homebuyers | MyKCM

Today's low inventory can be challenging for homebuyers, especially if you’re looking to purchase your first home. But if you're one of many people who work remotely, you may have a great opportunity to use the flexibility you have at work to achieve your homebuying goals this …

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March 31, 2022

There Are Several Great Reasons To Consider Buying a Condo Today

There Are Several Great Reasons To Consider Buying a Condo Today | MyKCM

If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you.

Here are a few reasons condos may be something you’ll want to consider.

Exploring Condos Could …

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