Market Updates

Aug. 13, 2020

Homes Are More Affordable Right Now Than They Have Been in Years

Homes Are More Affordable Right Now Than They Have Been in Years

Homes Are More Affordable
Right Now Than They Have Been in Years | MyKCM

Today, home prices are appreciating. When we hear prices are going up, it's normal to think a home will cost more as the trend continues. The way the housing market is …

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Posted in Market Updates
Aug. 12, 2020

Why Foreclosures Won't Crush the Housing Market Next Year

Why Foreclosures Won't Crush the Housing Market Next Year

Why Foreclosures Won't Crush
the Housing Market Next Year | MyKCM

With the strength of the current housing market growing every day and more Americans returning to work, a faster-than-expected recovery in the housing sector is already well underway. Regardless, many are still asking the question: 

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Posted in Market Updates
Aug. 11, 2020

Current Buyer & Seller Perks in the Housing Market

Current Buyer & Seller Perks in the Housing Market

Current Buyer & Seller
Perks in the Housing Market | MyKCM

Today's housing market is making a truly impressive turnaround, and it's also setting up some outstanding opportunities for buyers and sellers. Whether you're thinking of buying or selling a home this year, there are perks …

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Posted in Market Updates
Aug. 10, 2020

The Latest Unemployment Report: Slow and Steady Improvement

The Latest Unemployment Report: Slow and Steady Improvement

The Latest Unemployment
Report: Slow and Steady Improvement | MyKCM

Last Friday, the Bureau of Labor Statistics (BLS) released its latest Employment Situation Summary. Going into the release, the expert consensus was for 1.58 million jobs to be added in July, and for the unemployment …

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Posted in Market Updates
Aug. 7, 2020

2020 Homebuyer Preferences [INFOGRAPHIC]

2020 Homebuyer Preferences [INFOGRAPHIC]

2020 Homebuyer Preferences
[INFOGRAPHIC] | MyKCM

Some Highlights

  • A recent study from HarrisX shows the current health crisis isn't slowing down today's homebuyers.
  • Many buyers are accelerating their timelines to take advantage of low mortgage rates, and staying home has enabled some …
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Posted in Market Updates
Aug. 6, 2020

How Is Remote Work Changing Homebuyer Needs?

How Is Remote Work Changing Homebuyer Needs?

How Is Remote Work Changing
Homebuyer Needs? | MyKCM

With more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout the country are re-evaluating their needs. Do I still need …

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Posted in Market Updates
Aug. 5, 2020

Why Homeowners Have Great Selling Power Today

Why Homeowners Have Great Selling Power Today

Why Homeowners Have Great
Selling Power Today | MyKCM

We're sitting in an optimal moment in time for homeowners who are ready to sell their houses and make a move this year. Today's homeowners are, on average, staying in their homes longer than they used to, …

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Posted in Market Updates
Aug. 4, 2020

Today's Buyers Are Serious about Purchasing a Home

Today's Buyers Are Serious about Purchasing a Home

Today's Buyers Are Serious
about Purchasing a Home | MyKCM

Today's homebuyers are not just talking about their plans, they're actively engaged in the buying process – and they're serious about it. A recent report by the National Association of Home Builders (NAHB) indicates:

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Posted in Market Updates
Aug. 3, 2020

Experts Weigh-In on the Remarkable Strength of the Housing Market

Experts Weigh-In on the Remarkable Strength of the Housing Market

Experts Weigh-In on the
Remarkable Strength of the Housing Market | MyKCM

America has faced its share of challenges in 2020. A once-in-a-lifetime pandemic, a financial crisis leaving millions still unemployed, and an upcoming presidential election that may prove to be one of the most contentious …

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Posted in Market Updates
July 31, 2020

Where Is the Housing Market Headed for the Rest of 2020? [INFOGRAPHIC]

Where Is the Housing Market Headed for the Rest of 2020? [INFOGRAPHIC]

Where Is the Housing Market
Headed in 2020? [INFOGRAPHIC] | MyKCM

Some Highlights:

  • The housing market is forecasted to finish the year with growing strength.
  • Historically low mortgage rates are creating great potential for homebuyers, and home sales are on …
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Posted in Market Updates