For Buyers – Page 50 – Keeping Current Matters

The famous quote by Mark Twain in the title of this article can be used to describe homeownership in America today. Last week, the Census revealed that the percentage of homeowners in the country increased for the first time in thirteen years.

For Buyers, First-Time Buyers, Move-Up, Housing Market Updates

Homeownership: "The Reports of My Death Have Been Greatly Exaggerated"

The famous quote by Mark Twain in the title of this article can be used to describe homeownership in America today. Last week, the Census revealed that the percentage of homeowners in the country increased for the first time in thirteen years.

Read more →

February 8, 2018/by KCM CREW

The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search.

For Buyers, First-Time Buyers, Mortgage Rates, Move-Up

Where Are Mortgage Interest Rates Headed in 2018?

The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search.

Read more →

February 7, 2018/by KCM CREW

In a CNBC article, self-made millionaire David Bach explained that: “The biggest mistake millennials are making is not buying their first home.” He goes on to say that, “If you want to build real financial security, real wealth for your lifetime, then you need to buy a home.”

For Buyers, First-Time Buyers, Millennials, Move-Up

Millionaire to Millennials: Don’t Rent a Home… Buy!

In a CNBC article, self-made millionaire David Bach explained that: “The biggest mistake millennials are making is not buying their first home.” He goes on to say that, “If you want to build real financial security, real wealth for your lifetime, then you need to buy a home.”

Read more →

February 6, 2018/by KCM CREW

There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.

For Buyers, First-Time Buyers, Mortgage Rates, Move-Up, Rent vs. Buy

Whether You Rent or Buy, Either Way You're Paying a Mortgage!

There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.

Read more →

February 5, 2018/by KCM CREW

For Buyers, Infographics, First-Time Buyers, Move-Up

5 Reasons Homeowners Can Throw Better Super Bowl Parties! [INFOGRAPHIC]

Highlights:

Watching the big game at home with your friends & family offers many advantages.
There’s more room to entertain a large crowd and you don’t have to worry about complaints to your landlord if you cheer too loudly!
The kitchen is big enough to make as many appetizers as you want, and if some of your guests are only there to watch the commercials, they can do so on a different TV in another room!

Some Highlights

Read more →

February 2, 2018/by KCM CREW

Just like with any product or service, the law of supply and demand impacts home prices. Any time that there is less supply than the market demands, prices increase.

For Buyers, For Sellers, Home Prices, Move-Up

Bidding Wars Abound… How Long Will They Continue?

Just like with any product or service, the law of supply and demand impacts home prices. Any time that there is less supply than the market demands, prices increase.

Read more →

February 1, 2018/by KCM CREW

When it comes to talking about millennials, there are many stereotypes out there that have influenced the way the public feels about the generation. Whether it’s the assumption that millennials are irresponsible with money and would rather buy avocado toast than save for a down payment, or that millennials jump from job to job, the majority of these stereotypes paint the generation in a negative light.

For Buyers, For Sellers, First-Time Buyers, Millennials, Move-Up

Study Shows "Millennials Deserve More Credit"

When it comes to talking about millennials, there are many stereotypes out there that have influenced the way the public feels about the generation. Whether it’s the assumption that millennials are irresponsible with money and would rather buy avocado toast than save for a down payment, or that millennials jump from job to job, the majority of these stereotypes paint the generation in a negative light.

Read more →

January 31, 2018/by KCM CREW

Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership,” which revealed that “eighty percent of consumers either are unaware of how much lenders require for a down payment or believe all lenders require a down payment above 5 percent.”

For Buyers, First-Time Buyers, Move-Up, Down Payments, Buying Myths

2 Major Myths Holding Back Home Buyers

Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership,” which revealed that “eighty percent of consumers either are unaware of how much lenders require for a down payment or believe all lenders require a down payment above 5 percent.”

Read more →

January 30, 2018/by KCM CREW

For Buyers, Infographics, First-Time Buyers, Millennials

5 Reasons Millennials Choose to Buy [INFOGRAPHIC]

Some Highlights

“The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.”
The top reason millennials choose to buy is to have control over their living space, at 93%.
Many millennials who rent a home or apartment prior to buying their own homes dream of the day when they will be able to paint the walls whatever color they'd like, or renovate an outdated part of their living space.

Read more →

January 26, 2018/by KCM CREW

Many people wonder whether they should hire a real estate professional to assist them in buying their dream homes or if they should first try to go through the buying process on their own. In today’s market: you need an experienced professional!

For Buyers, First-Time Buyers, Move-Up

Why You Need a Professional on Your Team When Buying a Home

Many people wonder whether they should hire a real estate professional to assist them in buying their dream homes or if they should first try to go through the buying process on their own. In today’s market: you need an experienced professional!

Read more →

January 23, 2018/by KCM CREW

According to ATTOM Data Solutions’ 2018 Rental Affordability Report, “buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 [or 54% of] U.S. counties analyzed for the report.”

For Buyers, First-Time Buyers, Rent vs. Buy

Buying A Home Is More Affordable Than Renting In 54% Of US Counties

According to ATTOM Data Solutions’ 2018 Rental Affordability Report, “buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 [or 54% of] U.S. counties analyzed for the report.”

Read more →

January 22, 2018/by KCM CREW

For Buyers, For Sellers, Infographics, First-Time Buyers, Move-Up, Housing Market Updates

Where Did Americans Move in 2017? [INFOGRAPHIC]

Some Highlights

Atlas Van Lines recently released the results of their annual Migration Patterns Survey in which they tracked their customer’s movement from state-to-state over the course of 2017.
Idaho held on to the top spot of ‘high inbound’ states for the 2nd year in a row followed by Washington.
The ‘outbound’ states seem to draw a line straight across the country from Connecticut to Wyoming.

Read more →

January 19, 2018/by KCM CREW

Every month, CoreLogic releases its Home Price Insights Report. In that report, they forecast where they believe residential real estate prices will be in twelve months.

For Buyers, For Sellers, Home Prices, First-Time Buyers, Move-Up, Housing Market Updates

What Impact Will the New Tax Code Have on Home Values?

Every month, CoreLogic releases its Home Price Insights Report. In that report, they forecast where they believe residential real estate prices will be in twelve months.

Read more →

January 18, 2018/by KCM CREW

According to the National Association of Realtors’ latest Realtors Confidence Index, 61% of first-time homebuyers purchased their homes with down payments below 6% from October 2016 through November 2017.

For Buyers, First-Time Buyers, Down Payments

61% of First-Time Buyers Put Down Less than 6%

According to the National Association of Realtors’ latest Realtors Confidence Index, 61% of first-time homebuyers purchased their homes with down payments below 6% from October 2016 through November 2017.

Read more →

January 17, 2018/by KCM CREW

There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family, others might think they are too young, and still, others might think their current income would never enable them to qualify for a mortgage.

For Buyers, First-Time Buyers, Demographics

Wondering If You Can Buy Your First Home?

There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family, others might think they are too young, and still, others might think their current income would never enable them to qualify for a mortgage.

Read more →

January 16, 2018/by KCM CREW

Americans continue to believe that homeownership is important in achieving the American Dream. A recent survey by NeighborWorks America reported that:

For Buyers, First-Time Buyers

93% Believe Homeownership Is Important in Attaining the American Dream

Americans continue to believe that homeownership is important in achieving the American Dream. A recent survey by NeighborWorks America reported that:

Read more →

January 11, 2018/by KCM CREW

According to Ellie Mae’s latest Origination Report, the average FICO® Score on all closed loans dropped to 722 which is its lowest mark since April. The average includes all approved refinance and purchase loans.

For Buyers, First-Time Buyers, Move-Up

FICO® Scores on Approved Home Loans Drop Again

According to Ellie Mae’s latest Origination Report, the average FICO® Score on all closed loans dropped to 722 which is its lowest mark since April. The average includes all approved refinance and purchase loans.

Read more →

January 10, 2018/by KCM CREW

The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. It seems that the market will continue to strengthen in 2018.

For Buyers, For Sellers, Move-Up, Housing Market Updates

The Impact of Tight Inventory on the Housing Market

The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. It seems that the market will continue to strengthen in 2018.

Read more →

January 9, 2018/by KCM CREW

CoreLogic’s latest Equity Report revealed that “over the past 12 months, 712,000 borrowers moved into positive equity.” This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth), has dropped more than 20% since the peak in Q4 of 2009 (26%) to 4.9% today.

For Buyers, For Sellers, Move-Up

712,000 Homes in the US Regained Equity in the Past 12 Months!

CoreLogic’s latest Equity Report revealed that “over the past 12 months, 712,000 borrowers moved into positive equity.” This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth), has dropped more than 20% since the peak in Q4 of 2009 (26%) to 4.9% today.

Read more →

January 8, 2018/by KCM CREW

For Buyers, For Sellers, Infographics, Move-Up

4 Reasons to Sell This Winter [INFOGRAPHIC]

Some Highlights

Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available!
Housing inventory is still under the 6-month supply needed to sustain a normal housing market.
Perhaps the time has come for you and your family to move on and start living the life you desire.

Read more →

January 5, 2018/by KCM CREW

According to recently released data from the National Association of Realtors (NAR), the median amount of time a home spent on the market hit an all-time low of only three weeks in 2017.

For Buyers, For Sellers, Move-Up

Time on the Market Drops to New Low in 2017

According to recently released data from the National Association of Realtors (NAR), the median amount of time a home spent on the market hit an all-time low of only three weeks in 2017.

Read more →

January 4, 2018/by KCM CREW

Homeownership is a major part of the American Dream. As evidence of that, 91% of Americans believe that owning a home is either essential (43%) or important (48%) to achieving that “dream.” In a market where some people may be unsure about the benefits and possibilities of buying a home, it is important that we remember this.

For Buyers, For Sellers, First-Time Buyers, Move-Up, Rent vs. Buy

The Benefits of Homeownership Go Beyond the Financial

Homeownership is a major part of the American Dream. As evidence of that, 91% of Americans believe that owning a home is either essential (43%) or important (48%) to achieving that “dream.” In a market where some people may be unsure about the benefits and possibilities of buying a home, it is important that we remember this.

Read more →

January 3, 2018/by KCM CREW

Over the next five years, home prices are expected to appreciate on average by 3.35% per year and to grow by 24.34% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey.

For Buyers, For Sellers, First-Time Buyers, Move-Up

How Rising Prices Will Help You Build Family Wealth in 2018

Over the next five years, home prices are expected to appreciate on average by 3.35% per year and to grow by 24.34% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey.

Read more →

January 2, 2018/by KCM CREW

For Buyers, For Sellers, Infographics, First-Time Buyers, Move-Up

Buying or Selling in 2018? 5 Reasons to Resolve to Hire a Pro [INFOGRAPHIC]

Some Highlights

As we usher in the new year, one thing is for certain… if you plan to buy or sell a house this year, you need a real estate professional on your team!
There are many benefits to using a local professional!
Pick a professional who knows your local market and can help you achieve your dreams!

Read more →

December 29, 2017/by KCM CREW

What truly causes a housing bubble and the inevitable crash? For the best explanation, let’s go to a person who correctly called the last housing bubble – a year before it happened.

For Buyers, For Sellers, First-Time Buyers, Move-Up, Housing Market Updates

There's More to a Bubble Than Rising Home Prices

What truly causes a housing bubble and the inevitable crash? For the best explanation, let’s go to a person who correctly called the last housing bubble – a year before it happened.

Read more →

December 28, 2017/by KCM CREW

Homeownership: "The Reports of My Death Have Been Greatly Exaggerated"

Where Are Mortgage Interest Rates Headed in 2018?

Millionaire to Millennials: Don’t Rent a Home… Buy!

Whether You Rent or Buy, Either Way You're Paying a Mortgage!

5 Reasons Homeowners Can Throw Better Super Bowl Parties! [INFOGRAPHIC]

Highlights:

Some Highlights

Bidding Wars Abound… How Long Will They Continue?

Study Shows "Millennials Deserve More Credit"

2 Major Myths Holding Back Home Buyers

5 Reasons Millennials Choose to Buy [INFOGRAPHIC]

Some Highlights

Why You Need a Professional on Your Team When Buying a Home

Buying A Home Is More Affordable Than Renting In 54% Of US Counties

Where Did Americans Move in 2017? [INFOGRAPHIC]

Some Highlights

What Impact Will the New Tax Code Have on Home Values?

61% of First-Time Buyers Put Down Less than 6%

Wondering If You Can Buy Your First Home?

93% Believe Homeownership Is Important in Attaining the American Dream

FICO® Scores on Approved Home Loans Drop Again

The Impact of Tight Inventory on the Housing Market

712,000 Homes in the US Regained Equity in the Past 12 Months!

4 Reasons to Sell This Winter [INFOGRAPHIC]

Some Highlights

Time on the Market Drops to New Low in 2017

The Benefits of Homeownership Go Beyond the Financial

How Rising Prices Will Help You Build Family Wealth in 2018

Buying or Selling in 2018? 5 Reasons to Resolve to Hire a Pro [INFOGRAPHIC]

Some Highlights

There's More to a Bubble Than Rising Home Prices

Recent Blog Posts

Contact Us