Market Updates

Aug. 30, 2022

What’s Actually Happening with Home Prices Today?

What’s Actually Happening with Home Prices Today? | MyKCM

One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more difficult to get a ...

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Aug. 23, 2022

What Sellers Need To Know in Today’s Housing Market

If you’re thinking about selling your house, you may have heard about the housing market slowing down in recent months. While it’s still a sellers’ market, the peak frenzy the market saw over the past two years has cooled some. If you’re asking yourself if you’ve missed your chance to ...

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Posted in Market Updates, Sellers
Aug. 17, 2022

What Would a Recession Mean for the Housing Market?

According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a recession by now. But this July, when polled, 49 ...

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Aug. 16, 2022

Three Reasons To Buy a Home in Today’s Shifting Market

Some Highlights

The housing market is moving away from the frenzy of the past year and it’s opening doors for you if you’re thinking about buying a home.

Housing inventory is increasing, which means more options for your search. Plus, the intensity of bidding wars may ease as buyer ...

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Posted in Buyers, Market Updates
Aug. 11, 2022

What Does the Rest of the Year Hold for Home Prices?

Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals.

Last Year’s Rapid Home Price Growth Wasn’t the Norm

In ...

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Aug. 4, 2022

Time to Own

Benefits

1) 0% Interest rate with no monthly payment required.

2) Ten percent (10%) of the principal balance will be forgiven annually, on the anniversary date of the loan closing, until the loan is fully forgiven on the tenth anniversary.   

3) Financing to cover up to 20% down ...

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June 27, 2022

Two Reasons Why Today’s Housing Market Isn’t a Bubble

You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and real estate economists if they believe ...

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June 21, 2022

More Listings Are Coming onto the Market!

Some Highlights

Worried you won’t be able to find your next home after you sell? You should know data from realtor.com shows more listings are coming onto the market each month this year.

Having additional options can make the search for your next home easier. But inventory is still ...

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Posted in Market Updates, Sellers
June 6, 2022

Why Rising Mortgage Rates Push Buyers off the Fence

If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your homeownership plans.

 

Today, buyers are reacting ...

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Posted in Buyers, Market Updates
June 6, 2022

History Proves Recession Doesn’t Equal a Housing Crisis

Some Highlights

It’s important to understand history proves an economic slowdown does not equal a housing crisis.

In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and then by nearly 20% during the housing crash in 2008 ...

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