Market Updates

April 3, 2023

How Changing Mortgage Rates Can Affect You

How Changing Mortgage Rates Can Affect You




The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate ...

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Posted in Market Updates
Dec. 5, 2022

Prioritizing Your Wants and Needs as a Homebuyer in Today’s Market

Prioritizing Your Wants and Needs as a Homebuyer in Today’s Market

Prioritizing Your Wants and Needs as a Homebuyer in Today’s Market | MyKCM

There’s no denying mortgage rates are higher now than they were last year. And if you’re thinking about buying a home, this may be top of mind for you. That’s because those higher rates impact how much it costs ...

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Posted in Market Updates
Nov. 22, 2022

What Homeowners Want To Know About Selling in Today’s Market

What Homeowners Want To Know About Selling in Today’s Market

What Homeowners Want To Know About Selling in Today’s Market | MyKCM

If you’re thinking about selling your house, you’re likely hearing about the cooling housing market and wondering what that means for you. While it's not the peak intensity we saw during the pandemic, we’re still in a sellers’ market ...

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Posted in Market Updates
Nov. 21, 2022

Mortgage Rates Will Come Down, It’s Just a Matter of Time

Mortgage Rates Will Come Down, It’s Just a Matter of Time

Mortgage Rates Will Come Down, It’s Just a Matter of Time | MyKCM

This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the ...

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Posted in Market Updates
Nov. 4, 2022

Home ownership Wins Over Time

Homeownership Wins Over Time [INFOGRAPHIC]

Homeownership Wins Over Time [INFOGRAPHIC] | MyKCM

Some Highlights

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Posted in Market Updates
Nov. 3, 2022

Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.

 

Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.

Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be. | MyKCM

It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way ...

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Posted in Market Updates
Nov. 2, 2022

Sell Your House Before the Holidays

Sell Your House Before the Holidays

Sell Your House Before the Holidays | MyKCM

As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location ...

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Posted in Market Updates
Nov. 1, 2022

3 Trends That Are Good News for Today’s Homebuyers

3 Trends That Are Good News for Today’s Homebuyers

3 Trends That Are Good News for Today’s Homebuyers | MyKCM

While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home.

As the market has cooled this year, some of the intensity buyers faced during the ...

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Posted in Market Updates
July 7, 2022

How Your Equity Can Grow over Time

How Your Equity Can Grow over Time

How Your Equity Can Grow over Time | MyKCM

It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. As Diana Olick, Real Estate Correspondent at CNBC, says:

“The stunning jump in home values over the course of the Covid-19 ...

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Posted in Market Updates
July 7, 2022

What Does an Economic Slowdown Mean for the Housing Market?

What Does an Economic Slowdown Mean for the Housing Market?

What Does an Economic Slowdown Mean for the Housing Market? | MyKCM

According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so ...

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Posted in Market Updates