Market Updates

July 14, 2020

What Are Experts Saying about Home Prices?

What Are Experts Saying about Home Prices?

What Are Experts Saying about
Home Prices? | MyKCM

Last week, a very well-respected real estate analytics firm surprised many with their home price projection for the next twelve months. CoreLogic, in their latest Home Price Index said:

The economic downturn that started …

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Posted in Market Updates
July 3, 2020

America Is Another Name for Opportunity

America Is Another Name for Opportunity [INFOGRAPHIC]

America Is Another Name for Opportunity [INFOGRAPHIC] | MyKCM

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Posted in Market Updates
July 2, 2020

Is the Health Crisis Driving Buyers Out of Urban Areas?

Is the Health Crisis Driving Buyers Out of Urban Areas?

Is the Health Crisis Driving
Buyers Out of Urban Areas? | MyKCM

The pandemic has caused consumers to re-examine the components that make up the perfect home. Many families are no longer comfortable with the locations and layouts of their existing homes. The allure of …

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Posted in Market Updates
July 1, 2020

A Historic Rebound for the Housing Market

A Historic Rebound for the Housing Market

A Historic Rebound for the
Housing Market | MyKCM

Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home …

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Posted in Market Updates
June 30, 2020

Are New Homes Going to Be Available to Buy This Year?

Are New Homes Going to Be Available to Buy This Year?

Are New Homes Going to Be
Available to Buy This Year? | MyKCM

In today's economy, everyone seems to be searching for signs that a recovery is coming soon. Many experts agree that it may actually already be in motion or will be starting by …

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Posted in Market Updates
June 29, 2020

What Are Experts Saying About the Rest of 2020?

What Are Experts Saying About the Rest of 2020?

What Are Experts Saying About
the Rest of 2020? | MyKCM

One of the biggest questions on everyone's minds these days is: What's going to happen to the housing market in the second half of the year? Based on recent data on the economy, unemployment, …

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Posted in Market Updates
June 26, 2020

Think You Should For Sale By Owner? Think Again

Think You Should For Sale By Owner? Think Again [INFOGRAPHIC]

Think You Should For Sale By Owner? Think Again [INFOGRAPHIC] | MyKCM

Some Highlights 

  • For Sale By Owner (FSBO) is the process of selling real estate without the representation of a real estate broker or real estate agent.
  • According to the National Association of Realtors’ 
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Posted in Market Updates
June 25, 2020

New Index Reveals Impact of COVID-19 on Real Estate

New Index Reveals Impact of COVID-19 on Real Estate

New Index Reveals Impact of
COVID-19 on Real Estate | MyKCM

Earlier this month, realtor.com announced the release of their initial Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average …

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Posted in Market Updates
June 24, 2020

Should We Be Looking at Unemployment Numbers Differently?

Should We Be Looking at Unemployment Numbers Differently?

Should We Be Looking at
Unemployment Numbers Differently? | MyKCM

The New York Times recently ran an article regarding unemployment titled: Don't Cheer Too Soon. Keep an Eye on the Core Jobless Rate. The piece suggests we should look at unemployment numbers somewhat differently. …

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Posted in Market Updates
June 23, 2020

What Are the Experts Saying About Future Home Prices?

What Are the Experts Saying About Future Home Prices?

What Are the Experts Saying
About Future Home Prices? | MyKCM

A worldwide pandemic and an economic recession have had a tremendous effect on the nation. The uncertainty brought about by both has made predicting consumer behavior nearly impossible. For that reason, forecasting home prices has …

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Posted in Market Updates