Market Updates

Nov. 8, 2021

Two Graphs That Show Why You Shouldn't Be Upset About 3% Mortgage Rates?

Two Graphs That Show Why You Shouldn't Be Upset About 3% Mortgage Rates

Two Graphs That Show Why You
Shouldn't Be Upset About 3% Mortgage Rates | MyKCM

With the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the housing market today. And since experts 

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Posted in Market Updates
Nov. 5, 2021

Numbers Don't Lie – It's Still a Great Time To Sell [INFOGRAPHIC]?

Numbers Don't Lie – It's Still a Great Time To Sell [INFOGRAPHIC]

Numbers Don't Lie – It's
Still a Great Time To Sell [INFOGRAPHIC] | MyKCM

Some Highlights

  • Heading into the end of the year, you might wonder if it's still a good time to sell your house. Here's what the latest data from the National …
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Posted in Market Updates
Nov. 4, 2021

Why a Wave of Foreclosures Is Not on the Way?

Why a Wave of Foreclosures Is Not on the Way

Why a Wave of Foreclosures Is
Not on the Way | MyKCM

With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a …

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Posted in Market Updates
Nov. 3, 2021

Experts Project Mortgage Rates Will Continue To Rise in 2022?

Experts Project Mortgage Rates Will Continue To Rise in 2022

Experts Project Mortgage
Rates Will Continue To Rise in 2022 | MyKCM

Mortgage rates are one of several factors that impact how much you can afford if you're buying a home. When rates are low, they help you get more house for your money. Within …

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Posted in Market Updates
Nov. 2, 2021

Sellers Have Incredible Leverage in Today's Market

Sellers Have Incredible Leverage in Today's Market

Sellers Have Incredible
Leverage in Today's Market | MyKCM

With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association …

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Posted in Market Updates
Nov. 1, 2021

Renters Missed Out on $51,500 This Past Year?

Renters Missed Out on $51,500 This Past Year

Renters Missed Out on $51,500
This Past Year | MyKCM

Rents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic:

Since January …

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Posted in Market Updates
Oct. 29, 2021

The Mortgage Process Doesn't Have To Be Scary [INFOGRAPHIC]?

The Mortgage Process Doesn't Have To Be Scary [INFOGRAPHIC]

The Mortgage Process Doesn't
Have To Be Scary [INFOGRAPHIC] | MyKCM

Some Highlights

  • Applying for a mortgage is a big step towards homeownership, but it doesn't need to be one you fear. Here are some tips to help you prepare.
  • Know …
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Posted in Market Updates
Oct. 28, 2021

Does Your House Have What Buyers Want??

Does Your House Have What Buyers Want?

Does Your House Have What
Buyers Want? | MyKCM

The rise in remote work is changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and today's buyers are looking for homes with more space to …

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Posted in Market Updates
Oct. 27, 2021

Housing Challenge or Housing Opportunity? It Depends.

Housing Challenge or Housing Opportunity? It Depends.

Housing Challenge or Housing
Opportunity? It Depends. | MyKCM

The biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we've experienced historically.

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Posted in Market Updates
Oct. 26, 2021

There Are More Homes Available Now than There Were This Spring?

There Are More Homes Available Now than There Were This Spring

There Are More Homes
Available Now than There Were This Spring | MyKCM

There's a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about …

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Posted in Market Updates