Market Updates

Nov. 3, 2020

4 Reasons Why the Election Won't Dampen the Housing Market

4 Reasons Why the Election Won't Dampen the Housing Market

4 Reasons Why the Election
Won't Dampen the Housing Market | MyKCM

Tomorrow, Americans will decide our President for the next four years. That decision will have a major impact on many aspects of life in this country, but the residential real estate market will …

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Posted in Market Updates
Oct. 30, 2020

Should I Renovate My House Before I Sell It? [INFOGRAPHIC]

Should I Renovate My House Before I Sell It? [INFOGRAPHIC]

Should I Renovate My House
Before I Sell It? [INFOGRAPHIC] | MyKCM

Some Highlights

  • In today's hyper-competitive market, buyers are often willing to overlook cosmetic or minor repair needs if it means snagging a home in their price range.
  • With so few …
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Posted in Market Updates
Oct. 29, 2020

Three Ways Low Inventory Is a Win for Sellers?

Three Ways Low Inventory Is a Win for Sellers

Three Ways Low Inventory Is a
Win for Sellers | MyKCM

The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors (NAR):

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Posted in Market Updates
Oct. 28, 2020

Buyer Interest Is Growing among Younger Generations?

Buyer Interest Is Growing among Younger Generations

Buyer Interest Is Growing
among Younger Generations | MyKCM

The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall. However, 2020 is …

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Posted in Market Updates
Oct. 27, 2020

How Down Payment Assistance Opens the Door to Homeownership?

How Down Payment Assistance Opens the Door to Homeownership

How Down Payment Assistance
Opens the Door to Homeownership | MyKCM

Many people are eager to buy a home right now while affordability continues to be a highlight of the current housing market. However, a recent survey by Sparks Research shows that 20% of first-time homebuyers …

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Posted in Market Updates
Oct. 26, 2020

Two Important Impacts of Home Equity Two Important Impacts of Home Equity | MyKCM Equity continues to rise, helping American homeowners secure a much more stable financial future. According to the mo

Two Important Impacts of Home Equity

Two Important Impacts of Home
Equity | MyKCM

Equity continues to rise, helping American homeowners secure a much more stable financial future. According to the most recent data from CoreLogic, the average homeowner gained $9,800 in equity over the past year. In addition, experts project …

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Posted in Market Updates
Oct. 23, 2020

Selling Your House Is the Right Move, Right Now

Selling Your House Is the Right Move, Right Now [INFOGRAPHIC]

Selling Your House Is the Right Move, Right Now [INFOGRAPHIC] | MyKCM

Some Highlights

  • Demand from homebuyers has skyrocketed this year, which means today’s sellers are poised to win big. This ideal moment in time to sell your house won’t last forever, though.
  • With more sellers …
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Posted in Market Updates
Oct. 22, 2020

Home Values Projected to Keep Rising

Home Values Projected to Keep Rising

Home Values Projected to Keep Rising | MyKCM

As we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic uncertainty could have on home prices. Looking at the big picture, the rules of …

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Posted in Market Updates
Oct. 21, 2020

Why Today's Options Will Save Homeowners from Foreclosure?

Why Today's Options Will Save Homeowners from Foreclosure

Why Today's Options Will Save
Homeowners from Foreclosure | MyKCM

Many housing experts originally voiced concern that the mortgage forbearance program (which allows families impacted financially by COVID to delay mortgage payments to a later date) could lead to an increase in foreclosures when forbearances …

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Posted in Market Updates
Oct. 20, 2020

?Americans Are Gaining Confidence in the Economy

Americans Are Gaining Confidence in the Economy

Americans Are Gaining
Confidence in the Economy | MyKCM

The September Jobs Report issued by the Bureau of Labor Statistics reported that the unemployment rate dropped to 7.9%. Though that percentage is well below what experts projected earlier this year, it still means millions of …

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Posted in Market Updates