Market Updates

April 21, 2021

Some Buyers Prefer Smaller Homes

Some Buyers Prefer Smaller Homes

Some Buyers Prefer Smaller Homes | MyKCM

Over the past year, we’ve had plenty of opportunities to reflect on what we consider most important in our lives. The place we call home is one of the biggest things many of us are reevaluating. George Ratiu, Senior Economist at realtor.com,  …

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Posted in Market Updates
April 21, 2021

93% of Americans Believe a Home Is a Better Investment Than Stocks

93% of Americans Believe a Home Is a Better Investment Than Stocks

93% of Americans Believe a Home Is a Better Investment Than Stocks | MyKCM

A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly …

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Posted in Market Updates
April 21, 2021

Why This Is a Great Year to Sell Your Vacation Home

Why This Is a Great Year to Sell Your Vacation Home

Why This Is a Great Year to Sell Your Vacation Home | MyKCM

As vaccines are administered and travel resumes, many of us are beginning to plan for those long-awaited vacations we missed out on over the past year. Some households are focusing their efforts on buying a vacation home rather than …

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Posted in Market Updates
April 21, 2021

Home Is Where the Heart Is

Home Is Where the Heart Is [INFOGRAPHIC]

Home Is Where the Heart Is [INFOGRAPHIC] | MyKCM

Some Highlights

  • There’s no doubt about it: homeowners love their homes, and that feeling has become even more important over the past year.
  • The vast majority of homeowners say they’re emotionally attached to their home and that it has kept them safe during …
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Posted in Market Updates
April 21, 2021

How Much Time Do You Need To Save for a Down Payment?

How Much Time Do You Need To Save for a Down Payment?

How Much Time Do You Need To Save for a Down Payment? | MyKCM

One of the biggest hurdles homebuyers face is saving for a down payment. As you’re budgeting and planning for your home purchase, you’ll want to understand how much you’ll need to put down and how long it will …

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Posted in Market Updates
April 21, 2021

82,338 Great Reasons to Buy a Home Today

82,338 Great Reasons to Buy a Home Today

82,338 Great Reasons to Buy a Home Today | MyKCM

The financial benefits of buying a home as compared to renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner.

Most experts are calling for home …

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Posted in Market Updates
April 21, 2021

Planning to Move? You Can Still Secure a Low Mortgage Rate on Your Next Home

Planning to Move? You Can Still Secure a Low Mortgage Rate on Your Next Home

Planning to Move? You Can Still Secure a Low Mortgage Rate on Your Next Home | MyKCM

This year, mortgage rates have started to slowly climb above recent record-breaking lows. Many homeowners planning to move may feel like they’ve missed the chance to score a great rate on their next mortgage. In …

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Posted in Market Updates
April 12, 2021

Don’t Sell on Your Own Just Because It’s a Sellers’ Market

Don’t Sell on Your Own Just Because It’s a Sellers’ Market

Don’t Sell on Your Own Just Because It’s a Sellers’ Market | MyKCM

In a sellers’ market, some homeowners might be tempted to try to sell their house on their own (known as For Sale By Owner, or FSBO) instead of working with a trusted real estate professional. When the inventory of …

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Posted in Market Updates
April 12, 2021

Latest Jobs Report: What Does It Mean for You & the Housing Market?

Latest Jobs Report: What Does It Mean for You & the Housing Market?

Latest Jobs Report: What Does It Mean for You & the Housing Market? | MyKCM

Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report. The economy gained 916,000 jobs in March – well above expert projections of 650,000 to 675,000. The unemployment rate fell again …

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Posted in Market Updates
April 12, 2021

Homeownership Is Full of Financial Benefits

Homeownership Is Full of Financial Benefits

Homeownership Is Full of Financial Benefits | MyKCM

Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents:

  • 88% - a better …
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Posted in Market Updates