Market Updates

March 3, 2021

How Smart Is It to Buy a Home Today??

How Smart Is It to Buy a Home Today?

How Smart Is It to Buy a Home
Today? | MyKCM

Whether you're buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take personal or …

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Posted in Market Updates
March 2, 2021

Home Prices: What Happened in 2020? What Will Happen This Year??

Home Prices: What Happened in 2020? What Will Happen This Year?

Home Prices: What Happened in
2020? What Will Happen This Year? | MyKCM

The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything …

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Posted in Market Updates
March 1, 2021

What Are the Benefits of a 20% Down Payment??

What Are the Benefits of a 20% Down Payment?

What Are the Benefits of a
20% Down Payment? | MyKCM

If you're thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it's 20% of the loan …

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Posted in Market Updates
Feb. 26, 2021

It's a Sellers' Market [INFOGRAPHIC]?

It's a Sellers' Market [INFOGRAPHIC]

It's a Sellers' Market
[INFOGRAPHIC] | MyKCM

Some Highlights

  • Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring.
  • With homes selling twice as fast as they did last year at this …
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Posted in Market Updates
Feb. 25, 2021

Are There Going to Be More Homes to Buy This Year??

Are There Going to Be More Homes to Buy This Year?

Are There Going to Be More
Homes to Buy This Year? | MyKCM

If you're looking for a home to purchase right now and having trouble finding one, you're not alone. At a time like this when there are so few houses for sale, it's normal …

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Posted in Market Updates
Feb. 24, 2021

How Much Leverage Do Today's House Sellers Have??

How Much Leverage Do Today's House Sellers Have?

How Much Leverage Do
Today's House Sellers Have? | MyKCM

The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from …

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Posted in Market Updates
Feb. 23, 2021

The Reason Mortgage Rates Are Projected to Increase and What It Means for You?

The Reason Mortgage Rates Are Projected to Increase and What It Means for You

The Reason Mortgage Rates Are
Projected to Increase and What It Means for You | MyKCM

We're currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. …

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Posted in Market Updates
Feb. 22, 2021

Where Have All the Houses Gone??

Where Have All the Houses Gone?

Where Have All the Houses
Gone? | MyKCM

In today's housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their …

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Posted in Market Updates
Feb. 19, 2021

Home Mortgage Rates by Decade [INFOGRAPHIC]?

Home Mortgage Rates by Decade [INFOGRAPHIC]

Home Mortgage Rates by Decade
[INFOGRAPHIC] | MyKCM

Some Highlights

  • Mortgage interest rates have dropped considerably over the past year, and compared to what we've seen in recent decades, it's a great time to buy a home.
  • Locking in a low rate …
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Posted in Market Updates
Feb. 18, 2021

Will Low Mortgage Rates Continue through 2021??

Will Low Mortgage Rates Continue through 2021?

Will Low Mortgage Rates
Continue through 2021? | MyKCM

With mortgage interest rates hitting record lows so many times recently, some are wondering if we'll see low rates continue throughout 2021, or if they'll start to rise. Recently, Freddie Mac released their quarterly forecast, …

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Posted in Market Updates