In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year. According to Freddie Mac, rates hit all-time lows 12 times this year, dipping below 3% for the first time ever while making buying a home more and more attractive as the year progressed (See graph below):When you ...
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A year ago, additional space and extra amenities had a very different feel for homebuyers. Today, the health crisis has brought to light how valuable more square footage and carefully designed floorplans can be. Home offices, multi-purpose rooms, gyms, and theaters are becoming more popular, and some families are finding the space they need for ...
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Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported: “Newly pending sales are up 25.5% compared to the same week last year, the highest year-over-year increase in the weekly Zillow database.” Whenever there ...
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Are you planning on buying a home this year? Show homeowners that you are serious about buying by getting pre-approved for a mortgage! Let's get together to help you take the first step in making your dream of buying a home a reality!
Waiting until next year to buy a home could make a significant financial impact. In the case of homeownership, it's better to act sooner than later! Let's get together to make sure you don't miss out on any savings if you're in the market to purchase a home!
![The 2020 Homebuyer Wish List [INFOGRAPHIC] | MyKCM](https://files.mykcm.com/2020/09/03121217/20200904-MEM-1046x1536.jpg)
Some Highlights The word “home” is taking on a whole new meaning this year, and buyers are starting to look for new features as they re-think their needs and what’s truly possible. From more outdoor space to virtual classrooms for their children, buyers have a growing list of what they’d like to see in their ...
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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 largely impacted by low mortgage rates. Low ...
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![The Cost of Renting Vs. Buying a Home [INFOGRAPHIC] | MyKCM](https://files.mykcm.com/2020/08/27112012/20200828-MEM-1046x1129.jpg)
Some Highlights The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise. This is making buying a home an increasingly attractive option for many people, especially with low mortgage rates driving purchasing power. Let’s connect if you’d like expert guidance on exploring your homebuying ...
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Studies show that over 50% of homeowners love their homes and have no plans to sell. What's holding you back from finding your forever home? Let's get together so we can find you your dream home today!
![Ask a Pro About Buying a Home [INFOGRAPHIC] | MykCM](https://files.mykcm.com/2020/08/20101011/20200821-MEM-1046x1226.jpg)
Some Highlights According to trending data, searches for key real estate topics are skyrocketing online. Clearly, lots of people have questions about buying a home, and other topics related to the process. Working with a trusted real estate professional will help you create the most personalized and helpful experience. Let’s connect so you have the ...
Many buyers are worried about finding a home they like or being able to afford a home as interest rates continue to rise. If you're a potential homebuyer who's on the sidelines because of what you're hearing in the media, don't let these myths derail you. Let's get together to discuss your ability to purchase a home.
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 two measures that explain the resilience of ...
Houses are selling quickly, and sometimes competition is driving multiple offers. If you're looking for your dream home, let's get together to discuss how pre-approval gives you a competitive edge when you get to the offer stage.
Homeownership has a number of compelling benefits. Let’s get together to make your dream a reality if you are ready to buy a home of your own!
With more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout the country are re-evaluating their needs. Do I still need to live close to my company’s office building? Do I need a larger home with more office space? ...
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America has faced its share of challenges in 2020. A once-in-a-lifetime pandemic, a financial crisis leaving millions still unemployed, and an upcoming presidential election that may prove to be one of the most contentious in our nation’s history all continue to test this country in unimaginable ways. Even with all of that uncertainty, the residential ...
Continue Reading![Where Is the Housing Market Headed in 2020? [INFOGRAPHIC] | MyKCM](https://files.mykcm.com/2020/07/30134933/20200730-MEM-1046x1552.jpg)
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 to maximize your opportunity today.
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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 in your real estate goals this year.
As remote work continues on for many businesses and Americans weigh the risks of being in densely populated areas, will more people start to move out of bigger cities? Spending extra time at home and dreaming of more indoor and outdoor space is certainly sparking some interest among homebuyers. Early data shows an initial trend ...
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