Market Updates

May 10, 2021

3 Graphs Showing Why You Should Sell Your House Now

3 Graphs Showing Why You Should Sell Your House Now

3 Graphs Showing Why You Should Sell Your House Now | MyKCM

There’s no doubt that 2021 is the year of the seller when it comes to the housing market. If you’re a homeowner thinking of moving to better suit your changing needs, now is the perfect time to do so. Low  …

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Posted in Market Updates
May 4, 2021

Will the Housing Market Maintain Its Momentum?

Will the Housing Market Maintain Its Momentum?

Will the Housing Market Maintain Its Momentum? | MyKCM

Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the …

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Posted in Market Updates
May 4, 2021

Patience Is the Key to Buying a Home This Year

Patience Is the Key to Buying a Home This Year

Patience Is the Key to Buying a Home This Year | MyKCM

The question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now. The National Association of Realtors …

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Posted in Market Updates
May 4, 2021

Is Home Price Appreciation Accelerating Again?

Is Home Price Appreciation Accelerating Again?

Is Home Price Appreciation Accelerating Again? | MyKCM

At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the bidding wars …

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Posted in Market Updates
May 4, 2021

Should I Buy Now or Wait?

Should I Buy Now or Wait? [INFOGRAPHIC]

Should I Buy Now or Wait? [INFOGRAPHIC] | MyKCM

Some Highlights

  • If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again.
  • Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home prices and  …
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Posted in Market Updates
May 4, 2021

Americans Find the Nonfinancial Benefits of Homeownership Most Valuable

Americans Find the Nonfinancial Benefits of Homeownership Most Valuable

Americans Find the Nonfinancial Benefits of Homeownership Most Valuable | MyKCM

Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key …

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Posted in Market Updates
May 4, 2021

4 Big Incentives for Homeowners to Sell Now

4 Big Incentives for Homeowners to Sell Now

4 Big Incentives for Homeowners to Sell Now | MyKCM

The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March …

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Posted in Market Updates
April 26, 2021

Don’t Be Fooled by Remarkable Real Estate Headlines

Don’t Be Fooled by Remarkable Real Estate Headlines

Don’t Be Fooled by Remarkable Real Estate Headlines | MyKCM

Don’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). The data will most likely show eye-popping one-year increases.

While the year-over-year jumps will certainly be striking, consumers should take …

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Posted in Market Updates
April 26, 2021

This Isn’t a Bubble. It’s Simply Lack of Supply

This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC]

This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC] | MyKCM

Some Highlights

  • In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market.
  • When addressing whether or not today’s high buyer competition and rising home prices are evidence …
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Posted in Market Updates
April 26, 2021

4 Tips to Maximize the Sale of Your House

4 Tips to Maximize the Sale of Your House

4 Tips to Maximize the Sale of Your House | MyKCM

Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s fueling a steady rise …

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Posted in Market Updates