Market Updates

Oct. 2, 2020

Rising Home Equity Can Power Your Next Move [INFOGRAPHIC]

Rising Home Equity Can Power Your Next Move [INFOGRAPHIC]

Rising Home Equity Can Power
Your Next Move [INFOGRAPHIC] | MyKCM

Some Highlights

  • According to CoreLogic, homeowners across the country are gaining significant equity.
  • Over the past year, the average homeowner gained $9,800 in equity, growing their overall net worth.
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Posted in Market Updates
Oct. 1, 2020

Buyers Are Finding More Space in the Luxury Home Market

Buyers Are Finding More Space in the Luxury Home Market

Buyers Are Finding More Space
in the Luxury Home Market | MyKCM

A year ago, additional space and extra amenities had a very different feel for homebuyers. Today, the health crisis has brought to light how valuable more square footage and carefully designed floorplans can be. …

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Posted in Market Updates
Sept. 30, 2020

Why Selling this Fall May Be Your Best Move?

Why Selling this Fall May Be Your Best Move

Why Selling this Fall May Be
Your Best Move | MyKCM

If you're thinking about moving, selling your house this fall might be the way to go. Here are four highlights in the housing market that may make your decision to sell this fall an easy …

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Posted in Market Updates
Sept. 29, 2020

Where Are Home Values Headed Over the Next 12 Months??

Where Are Home Values Headed Over the Next 12 Months?

Where Are Home Values Headed
Over the Next 12 Months? | MyKCM

As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market. Specifically, there was concern about home values. After years of rising home prices, …

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Posted in Market Updates
Sept. 28, 2020

Housing Market on Track to Beat Last Year's Success?

Housing Market on Track to Beat Last Year's Success

Housing Market on Track to
Beat Last Year's Success | MyKCM

Back in March, as the nation's economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. Some forecasts called for a 15-20% decline in transactions. …

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Posted in Market Updates
Sept. 25, 2020

Why Pricing Your Home Right Matters This Fall [INFOGRAPHIC]?

Why Pricing Your Home Right Matters This Fall [INFOGRAPHIC]

Why Pricing Your Home Right
Matters This Fall [INFOGRAPHIC] | MyKCM

Some Highlights

  • As a seller today, you may think pricing your home on the high end will result in a higher final sale price, but the opposite is actually true.
  • To …
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Posted in Market Updates
Sept. 23, 2020

Home Builder Confidence Hits All-Time Record?

Home Builder Confidence Hits All-Time Record

Home Builder Confidence Hits
All-Time Record | MyKCM

Last week, the National Association of Home Builders (NAHB) reported their Housing Market Index (HMI) hit an all-time high in the 35-year history of the series with a score of 83. The index gauges builder perceptions of …

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Posted in Market Updates
Sept. 22, 2020

The Cost of a Home Is Far More Important than the Price?

The Cost of a Home Is Far More Important than the Price

The Cost of a Home Is Far
More Important than the Price | MyKCM

Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported:

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Posted in Market Updates
Sept. 21, 2020

Is the Economic Recovery Beating All Projections?

Is the Economic Recovery Beating All Projections?

Is the Economic Recovery
Beating All Projections? | MyKCM

Earlier this year, many economists and market analysts were predicting an apocalyptic financial downturn that would potentially rattle the U.S. economy for years to come. They immediately started to compare it to the Great Depression of …

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Posted in Market Updates
Sept. 18, 2020

?Homes Across the Country Are Selling Fast [INFOGRAPHIC]

Homes Across the Country Are Selling Fast [INFOGRAPHIC]

Homes Across the Country Are
Selling Fast [INFOGRAPHIC] | My KCM

Some Highlights

  • Buyers are actively searching for and purchasing homes at a record-breaking pace. According to the latest report from the National Association of Realtors (NAR), in July, 68% of homes were on …
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Posted in Market Updates