Real Estate Market Updates (source: KCM) 5 Tips for Making Your Best Offer In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage, especially when you’ve found the home of your dreams. Below are five things to keep in mind […]
Real Estate Market Updates (source: KCM) The Truth About Today’s Buyer Demand When it comes to the latest news in real estate, there are a lot of sensational headlines in the media. In times like this, when it can be hard to know what to believe, put your trust in the experts. Those of us in the housing market respect that buying or selling a home is a major […]
Real Estate Market Updates (source: KCM) 5 Reasons Today’s Housing Market Is Anything but Normal There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely vibrant as demand is still strong even while housing supply is slowly returning. […]
Real Estate Market Updates (source: KCM) What You Can Do Right Now To Prepare for Homeownership As rent prices continue to soar, many renters want to know what they can do to get ready to buy their first home. According to recent data from ApartmentList.com: “The first half of 2021 has seen the fastest growth in rent prices since the start of our estimates in 2017. Our national rent index has increased by 11.4 percent […]
Real Estate Market Updates (source: KCM) The Best Use of Time (and Money) When It Comes to Renovations In the current sellers’ market, many homeowners wonder what, if anything, needs to be remodeled before they list their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what you should – and shouldn’t – renovate before selling. Here are some […]
Real Estate Market Updates (source: KCM) Sellers: Make Today’s Home Price Appreciation Work for You Home prices continue to rise as we move through the summer, and that’s good news for sellers who are looking to maximize their home’s potential. If you’re on the fence about whether to list your house now or later, the question you should really ask is: will this price appreciation last? Here’s what three leading industry experts […]
Real Estate Market Updates (source: KCM) 4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. 1. There are fewer homeowners in trouble this time After the last housing crash, about 9.3 million households […]
Real Estate Market Updates (source: KCM) 3 Hot Topics in the Housing Market Right Now If you’re a prospective buyer or seller, it’s important to understand the current real estate market conditions and how they affect you. The Counselors of Real Estate (CRE) just released its Top Ten Issues Affecting Real Estate report. Here are three hot topics from the list and how they impact today’s housing market. Technology Acceleration and Innovation The past year […]
Don't Miss Our Next Post
Subscribe Now
Real Estate Market Updates (source: KCM) 4 Major Incentives To Sell This Summer While the housing market forecast for the second half of the year remains positive, there may not be a better time to sell than right now. Here are four things to consider if you’re trying to decide if now’s the right time to make a move. 1. Your House Will Likely Sell Quickly According to the most […]
Real Estate Market Updates (source: KCM) The Truths Young Homebuyers Need To Hear For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: ·        “1 in 4 underestimated their buying potential by $150k or more” ·        “1 in 4 underestimated the increase in value […]
Real Estate Market Updates (source: KCM) Are We in a Housing Bubble? Experts Say No. The question of whether the real estate market is a bubble ready to pop seems to be dominating a lot of conversations – and everyone has an opinion. Yet, when it comes down to it, the opinions that carry the most weight are the ones based on experience and expertise. Here are four expert opinions […]
Real Estate Market Updates (source: KCM) Pre-Approval Makes All the Difference When Buying a Home You may have been told that it’s important to get pre-approved at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s crucial to have a clear understanding of your budget so you stand out to sellers as a […]
Real Estate Market Updates (source: KCM) 5 Things Homebuyers Need To Know When Making an Offer When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows and sky-high buyer demand, a multi-offer scenario is the new normal. Here are five things to keep in mind when you’re […]
Real Estate Market Updates (source: KCM) The Right Expert Will Guide You Through This Unprecedented Market In a normal market, it’s good to have an experienced guide coaching you through the process of buying or selling a home. That person can advise you on important things like pricing your home correctly or the first steps to take when you’re ready to buy. However, the market we’re in today is far from normal. As a result, […]
Real Estate Market Updates (source: KCM) In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing price. Buyers would then try to determine how much less than the full price […]
Real Estate Market Updates (source: KCM) Why You May Want To Cash in on Your Second Home When stay-at-home mandates were enforced last year, many households realized their homes didn’t really fulfill their new lifestyle needs. An office (in some cases two), a media room, space for children to learn, a gym, and a large yard are all examples of amenities that became highly desirable almost overnight. Zelman & Associates recently reported that sales of […]
Real Estate Market Updates (source: KCM) Dreaming of a Bigger Home? Why Not Buy It This Year? Are you clamoring for extra rooms or a more functional floorplan in your house? Maybe it’s time to make a move. If you’ll be able to work remotely for the long-term or your overall needs have simply changed, it’s a great time to sell your house and move up. Why? With mortgage rates in their […]
Real Estate Market Updates (source: KCM) Where Do Experts Say the Housing Market Is Heading? As we enter the middle of 2021, many are wondering if we’ll see big changes in the housing market during the second half of this year. Here’s a look at what some experts have to say about key factors that will drive the industry and the economy forward in the months to come. realtor.com “. […]
Real Estate Market Updates (source: KCM) Should I Move or Refinance? The level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don’t have a mortgage. Those with a mortgage are seeing their equity skyrocket too. Every time real estate values increase, homeowners get a dollar-for-dollar gain in their home equity. According […]
Real Estate Market Updates (source: KCM) Don’t Forget to Budget for Closing Costs When buying a home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required to get a mortgage is just as important. What Are Closing Costs? According to Trulia: “When you close […]