The KCM Crew recently moved into new offices in our building and we were so excited to share our new space with our Members in our update, Our New Home. Now that we are settled into our new space we want to share another piece of what we have done that we are very excited […]
If you are debating listing your house for sale this year or even early next year, here is the #1 reason not to wait! Buyer Demand Continues to Outpace the Supply of Homes For Sale According to the National Association of REALTORS’ (NAR) Foot Traffic report, there are more buyers out in the market right […]
A recent study by Edelman Berland revealed that of homeowners who are contemplating selling their house in the near future 33% plan to scale down. Let’s look at a few reasons why that would make sense to many Americans. In a recent blog post, Dave Ramsey, the financial guru, discussed the advantages of selling your […]
We often promote homeownership over renting when a family is ready, willing and able to purchase. There are both financial and non-financial benefits to owning a home of your own. Based on the headlines below, many news outlets agreed with us after they reviewed a recent report from the Harvard Joint Center for Housing Studies […]
As a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first-time or repeat buyer, you must not be concerned only about price but also about the ‘long term cost’ of the home. Let us explain. There are many factors […]
In today’s market, with homes selling quickly and prices rising some homeowners might consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not be a good idea for the vast majority of sellers. Here are five reasons: 1. […]
Last week we held a live webinar to share the 5 Elements of the Perfect Listing Presentation. Many attendees have already had success by using some of the many ‘best practices’ that were shared in the webinar. If you were unable to attend the live webinar or haven’t had a chance to check out the […]
You and your family have decided to sell your house. It is now time to choose a real estate professional to help with the process. One of the major attributes this agent must possess is trustworthiness. To what degree do you need to trust them? You must have enough trust in them that you feel […]
There has been a lot of talk about how difficult it is to get a home mortgage in today’s lending environment. However, three recent reports have revealed that lending standards are beginning to ease. This is great news for both first time buyers and current homeowners looking to move or buy a second vacation/retirement home. […]
According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index homeownership is a better way to produce greater wealth, on average, than renting. The BH&J Index is a quarterly report that attempts to answer the question: Is it better to rent or buy a home in today’s housing market? The index examines […]
In the Branding Section of the latest Monthly Market Report, we show you how to use the Fall Buyer & Seller Guides as a magnet to capture leads. If you haven’t yet watched the Branding Section, you can find it at the 35:00 mark of the video. One of the best ways to use the Buyer […]
In school we all learned the Theory of Supply and Demand. When the demand for an item is greater than the supply of that item, the price will surely rise. SUPPLY The National Association of Realtors (NAR) recently reported that the inventory of homes for sale stands at a 4.8-month supply. This is significantly lower […]
Earlier this month, Fannie Mae’s Economic & Strategic Research Group announced the launch of their Home Purchase Sentiment Index (HPSI). The index will distill results from Fannie Mae’s consumer-focused National Housing Survey into a single, monthly, predictive indicator. According to Doug Duncan, Senior Vice President and Chief Economist at Fannie Mae, the goal for the […]
The National Association of Realtors (NAR) recently released their July edition of the Housing Affordability Index. The index measures whether or not a typical family earns enough income to qualify for a mortgage loan on a typical home at the national level based on the most recent price and income data. NAR looks at the […]
There are many young people debating whether they should renew the lease on their apartment or sign a contract to purchase their first home. Housing Cost & Net Worth Whether you rent or buy, you have a monthly housing cost. As a buyer, you are paying YOUR mortgage. Every mortgage payment is a form of […]
The September Monthly Market Report is jam packed with great insights to educate your clients on the opportunities currently available for them in the housing market! Home Prices Four times a year the report includes an update on Home Prices; where they’ve been already this year, where they are now, and where they are projected […]
Last month, the National Association of Realtors (NAR) reported that housing inventory was down 4.7% from the same time last year and that the month’s inventory of homes for sale stood at 4.8 – far below the six months necessary for a normal housing market. Why is there such a shortage of inventory? The recently […]
If you are debating purchasing a home right now, you are surely getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in real estate. Let’s look at whether or not now is actually […]
There is no doubt that home prices in the vast majority of housing markets across the country are continuing to increase on a month over month basis. The following map (based on data from the latest CoreLogic pricing report) reveals the appreciation level by state: These increases in value have caused some to be concerned […]
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