Market Updates

July 30, 2020

Will We See a Surge of Homebuyers Moving to the Suburbs?

Will We See a Surge of Homebuyers Moving to the Suburbs?

Will We See a Surge of
Homebuyers Moving to the Suburbs? | MyKCM

As remote work continues on for many businesses and Americans weigh the risks of being in densely populated areas, will more people start to move out of bigger cities? Spending extra time …

View More
Posted in Market Updates
July 29, 2020

Homeownership Rate Continues to Rise in 2020

Homeownership Rate Continues to Rise in 2020

Homeownership Rate Continues
to Rise in 2020 | MyKCM

So far, it's been quite a ride this year, and our nation has truly seen its fair share of hurdles. From COVID-19 to record unemployment and then the resulting recession, just to name a few, the …

View More
Posted in Market Updates
July 28, 2020

Guidance and Support Are Key When Buying Your First Home

Guidance and Support Are Key When Buying Your First Home

Guidance and Support Are Key
When Buying Your First Home | MyKCM

In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that's been building steadily throughout the year. According to the National Association of Realtors (NAR):

View More
Posted in Market Updates
July 27, 2020

Three of the Latest Reports Show Housing Market Is Strong

Three of the Latest Reports Show Housing Market Is Strong

Three of the Latest Reports
Show Housing Market Is Strong | MyKCM

The residential real estate market is remaining resilient as the country still struggles to beat the COVID-19 pandemic. Three separate reports recently revealed how the housing market is still showing growth. Here's a look …

View More
Posted in Market Updates
July 24, 2020

A Real Estate Pro Is More Helpful Now than Ever [INFOGRAPHIC]

A Real Estate Pro Is More Helpful Now than Ever [INFOGRAPHIC]

A Real Estate Pro Is More
Helpful Now than Ever | MyKCM

Some Highlights

  • A recent study shared by NAR notes that both buyers and sellers think an agent is more helpful than ever during the current health crisis.
  • Expertise and …
View More
Posted in Market Updates
July 23, 2020

Home Sales Hit a Record-Setting Rebound

Home Sales Hit a Record-Setting Rebound

Home Sales Hit a
Record-Setting Rebound | MyKCM

With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home …

View More
Posted in Market Updates
July 22, 2020

Two Reasons We Won’t See a Rush of Foreclosures This Fall

Two Reasons We Won’t See a Rush of Foreclosures This Fall

Two Reasons We Won’t See a Rush of Foreclosures This Fall | MyKCM

The health crisis we face as a country has led businesses all over the nation to reduce or discontinue their services altogether. This pause in the economy has greatly impacted the workforce and as a result, …

View More
Posted in Market Updates
July 21, 2020

A Remarkable Recovery for the Housing Market

A Remarkable Recovery for the Housing Market

A Remarkable Recovery for the Housing Market | MyKCM

For months now the vast majority of Americans have been asking the same question: When will the economy turn around? Many experts have been saying the housing market will lead the way to a recovery, and today we’re seeing signs …

View More
Posted in Market Updates
July 20, 2020

Thinking of Selling Your House? Now May be the Right Time

Thinking of Selling Your House? Now May be the Right Time

Thinking of Selling Your House? Now May be the Right Time | MyKCM

Inventory is arguably the biggest challenge for buyers in today’s housing market. There are simply more buyers actively looking for homes to purchase than there are sellers selling them, so the scale is tipped in favor …

View More
Posted in Market Updates
July 15, 2020

Mortgage Rates Hit Record Lows for Three Consecutive Weeks

Mortgage Rates Hit Record Lows for Three Consecutive Weeks

Mortgage Rates Hit Record
Lows for Three Consecutive Weeks | MyKCM

Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%. Last week's reported rate reached the lowest point in …

View More
Posted in Market Updates