Buying

July 23, 2020

Mortgage Rates Hit Record Lows for Three Consecutive Weeks

Mortgage Rates Hit Record Lows for Three Consecutive Weeks | MyKCM

Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%. Last week’s reported rate reached the lowest point in the history of the survey, which dates back to 1971 (See graph below):Mortgage Rates Hit Record Lows for Three Consecutive Weeks | MyKCM

What ...

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July 16, 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 of ...

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June 18, 2020

Is a Recession Here? Yes. Does that Mean a Housing Crash? No.

Is a Recession Here? Yes. Does that Mean a Housing Crash? No. | MyKCM

On Monday, the National Bureau of Economic Research (NBER) announced that the U.S. economy is officially in a recession. This did not come as a surprise to many, as the Bureau defines a recession this way:

“A recession is a significant decline in economic activity spread across ...

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June 11, 2020

National Homeownership Month

National Homeownership Month [INFOGRAPHIC] | MyKCM

Some Highlights

  • National Homeownership Month is a great time to reflect on how we can each promote stronger community growth.
  • Homeownership helps families build financial freedom, find greater happiness and satisfaction, and make a positive impact on our local communities.
  • Let’s connect today if homeownership is part of your future ...
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Posted in Buying, Neighborhood
June 4, 2020

Top Reasons to Own Your Home

Top Reasons to Own Your Home [INFOGRAPHIC] | MyKCM

Some Highlights

  • June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home.
  • If you’re in a position to buy, homeownership might help you find the stability, community, and comfort you’ve been searching for this year.
  • Let’s connect today to determine if ...
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May 28, 2020

Why This Summer Is the 2020 Real Estate Season

Why This Summer Is the 2020 Real Estate Season | MyKCM

With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate season is shifting into the summer. In ...

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May 14, 2020

Will the Housing Market Turn Around This Year?

Will the Housing Market Turn Around This Year? | MyKCM

Today, many people are asking themselves if they should buy or sell a home in 2020. Some have shifted their plans or put them on hold over the past couple of months, and understandably so. Everyone seems to be wondering if the market is going to change and when the  ...

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May 7, 2020

Buying a Home Right Now: Easy? No. Smart? Yes.

Buying a Home Right Now: Easy? No. Smart? Yes. | MyKCM

Through all the volatility in the economy right now, some have put their search for a home on hold, yet others have not. According to ShowingTime, the real estate industry's leading showing management technology provider, buyers have started to reappear over the last several weeks. In the latest report ...

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May 1, 2020

How to Test-Drive a Neighborhood While Sheltering in Place [INFOGRAPHIC]

How to Test-Drive a Neighborhood While Sheltering in Place [INFOGRAPHIC] | MyKCM

Some Highlights

  • Staying at home doesn’t mean your search for a new place needs to come to a standstill.
  • Check out these tips on how to explore other neighborhoods virtually in the homebuying process. You may find a spot that better suits your needs without ever leaving your living room ...
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March 12, 2020

Yes, You Can Still Afford a Home

Yes, You Can Still Afford a Home | MyKCM

The residential real estate market has come roaring out of the gates in 2020. Compared to this time last year, the number of buyers looking for a home is up 20%, and the number of home sales is up almost 10%. The increase in purchasing activity has caused home price ...

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Posted in Buying