Market Updates

May 6, 2020

Why Home Equity Is a Bright Spark in the Housing Market

Why Home Equity Is a Bright Spark in the Housing Market

Why Home Equity is a Bright Spark in the Housing Market | MyKCMGiven how we have seen more unemployment claims than ever before over the past several weeks, fear is spreading widely. Some good news, however, shows that more than 4 million initial unemployment filers …
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May 5, 2020

Confused About the Economic Recovery? Here's Why.

Confused About the Economic Recovery? Here's Why.

Confused About the Economic Recovery? Here's Why. | MyKCMAs we continue to work through the health crisis that plagues this country, more and more conversations are turning to economic recovery. While we look for signs that we've reached a plateau in cases …

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May 4, 2020

U.S. Homeownership Rate Rises to Highest Point in 8 Years

U.S. Homeownership Rate Rises to Highest Point in 8 Years

U.S. Homeownership Rate Rises to Highest Point in 8 Years | MyKCMFor nearly two months, most of us have been following strict stay-at-home orders from our state and local governments. It is a whole new way of life that has put our daily lives on pause. …

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April 30, 2020

Why the Housing Market Is a Powerful Economic Driver

Why the Housing Market Is a Powerful Economic Driver

Why the Housing Market Is a Powerful Economic Driver | MyKCM

With businesses starting to slowly open back up again in some parts of the country, it's important to understand how housing can have a major impact on the recovery of the U.S. economy. As …

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April 29, 2020

Buying a Home Right Now: Easy? No. Smart? Yes.

Buying a Home Right Now: Easy? No. Smart? Yes.

Buying a Home Right Now: Easy? No. Smart? Yes. | MyKCM

Through all the volatility in the economy right now, some have put their search for a home on hold, yet others have not. According to ShowingTime, the real estate industry’s leading showing management …

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April 28, 2020

Rise to the Top of the Pool by Selling Your House Today

Rise to the Top of the Pool by Selling Your House Today

Rise to the Top of the Pool by Selling Your House Today | MyKCM

With the release of the latest Economic Pulse Flash Survey from the National Association of Realtors (NAR), results show that people selling their houses today are holding strong on price …

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April 27, 2020

What Impact Might COVID-19 Have on Home Values?

What Impact Might COVID-19 Have on Home Values?

What Impact Might COVID-19 Have on Home Values? | MyKCM

A big challenge facing the housing industry is determining what impact the current pandemic may have on home values. Some buyers are hoping for major price reductions because the health crisis is straining the economy.

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April 24, 2020

Today's Expert Insight on the Housing Market [INFOGRAPHIC]

Today's Expert Insight on the Housing Market [INFOGRAPHIC]

Today's Expert Insight on the Housing Market [INFOGRAPHIC] | MyKCM

Some Highlights

  • According to Lawrence Yun, Chief Economist at NAR, home prices are forecasted to rise.
  • Results from the Existing Home Sales Report note that home sales declined in March due …
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April 23, 2020

Uncertainty Abounds in the Search for Economic Recovery Timetable Uncertainty Abounds in the Search for Economic Recovery Timetable | MyKCM Earlier this week, we discussed how most projections from f

Uncertainty Abounds in the Search for Economic Recovery Timetable

Uncertainty Abounds in the Search for Economic Recovery Timetable | MyKCM

Earlier this week, we discussed how most projections from financial institutions are calling for a quick V-shaped recovery from this economic downturn, and there's research on previous post-pandemic recoveries to support that expectation.

…

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April 22, 2020

Keys to Selling Your House Virtually Keys to Selling Your House Virtually | MyKCM In a recent survey by realtor.com, people thinking about selling their homes indicated they’re generally willing to a

Keys to Selling Your House Virtually

Keys to Selling Your House Virtually | MyKCM

In a recent survey by realtor.com, people thinking about selling their homes indicated they’re generally willing to allow their agent and some potential buyers inside if done under the right conditions. They’re less comfortable, however, hosting an open house. This …

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