Market Updates

April 2, 2021

Buyer Competition Is Good News for Sellers [INFOGRAPHIC]?

Buyer Competition Is Good News for Sellers [INFOGRAPHIC]

Buyer Competition Is Good
News for Sellers [INFOGRAPHIC] | MyKCM

Some Highlights

  • With so many buyers looking for homes to purchase and so few houses available today, there's a substantial increase in bidding wars, and homes are selling fast.
  • According to the …
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Posted in Market Updates
April 1, 2021

There's No Reason To Panic Over Today's Lending Standards?

There's No Reason To Panic Over Today's Lending Standards

There's No Reason To Panic
Over Today's Lending Standards | MyKCM

Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors they're pointing to is the …

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Posted in Market Updates
March 31, 2021

Is Homeownership Still Considered Part of the American Dream??

Is Homeownership Still Considered Part of the American Dream?

Is Homeownership Still
Considered Part of the American Dream? | MyKCM

Since the birth of our nation, homeownership has always been considered a major piece of the American Dream. As Frederick Peters reports in Forbes:

The idea of a place of one's …

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Posted in Market Updates
March 30, 2021

How a Change in Mortgage Rate Impacts Your Homebuying Budget?

How a Change in Mortgage Rate Impacts Your Homebuying Budget

How a Change in Mortgage Rate
Impacts Your Homebuying Budget | MyKCM

Mortgage rates are on the rise this year, but they're still incredibly low compared to the historic average. However, anytime there's a change in the mortgage rate, it affects what you can …

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Posted in Market Updates
March 29, 2021

What It Means To Be in a Sellers' Market?

What It Means To Be in a Sellers' Market

What It Means To Be in a
Sellers' Market | MyKCM

If you've given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here's why this season is the ultimate 

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Posted in Market Updates
March 25, 2021

Buyer & Seller Perks in Today's Housing Market?

Buyer & Seller Perks in Today's Housing Market

Buyer & Seller Perks in
Today's Housing Market | MyKCM

Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you're thinking of buying your first home, moving up to a bigger one, or selling so you can downsize …

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Posted in Market Updates
March 24, 2021

Why You Should Think About Listing Prices Like an Auction's Reserve Price

Why You Should Think About Listing Prices Like an Auction's Reserve Price

Why You Should Think About
Listing Prices Like an Auction's Reserve Price | MyKCM

For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating …

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Posted in Market Updates
March 22, 2021

What Credit Score Do You Need for a Mortgage??

What Credit Score Do You Need for a Mortgage?

What Credit Score Do You Need
for a Mortgage? | MyKCM

According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned …

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Posted in Market Updates
March 19, 2021

Americans See Major Home Equity Gains [INFOGRAPHIC]?

Americans See Major Home Equity Gains [INFOGRAPHIC]

Americans See Major Home
Equity Gains [INFOGRAPHIC] | MyKCM

Some Highlights

  • Today's home price appreciation is driving equity higher throughout the country.
  • If your needs are changing and you're ready for a new home, your equity may be a great asset to …
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Posted in Market Updates
March 18, 2021

To Renovate or Not To Renovate Before You Sell?

To Renovate or Not To Renovate Before You Sell

To Renovate or Not To
Renovate Before You Sell | MyKCM

When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right …

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Posted in Market Updates