For Buyers – Page 65 – Keeping Current Matters

For Buyers, For Sellers, Infographics

New & Existing Home Sales Climb [INFOGRAPHIC]

Some Highlights:

Both New Home Sales and Existing Home Sales are up month-over-month and year-over-year.
Inventory remains low which continues to drive home prices up as demand continues to exceed the 4.7-month inventory.
The median price of new homes is up 12% from March 2016, while the median price of existing homes is up 6.3% from April 2015.

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May 27, 2016/by KCM CREW

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.

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

Where Are Home Values Headed Over the Next 5 Years?

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey.

Read more →

May 24, 2016/by KCM CREW

People often ask whether or not now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a good time to rent.

For Buyers, Home Prices, First-Time Buyers, Move-Up

When Is It A Good Time To Rent? Definitely NOT NOW!

People often ask whether or not now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a good time to rent.

Read more →

May 23, 2016/by KCM CREW

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

Renting vs. Buying: What Does it Really Cost? [INFOGRAPHIC]

Some Highlights:

The percentage of income needed to afford a median priced home is almost half the percentage of income needed to afford median rent.
Buying costs are significantly less than renting costs.
The percentage of income needed to afford a median priced home is less than the historic norm.

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May 20, 2016/by KCM CREW

Every four years people question what effect the Presidential election might have on the national housing market. Let’s take a look at what is currently taking place. The New York Times ran an article earlier this week where they explained:

For Buyers, First-Time Buyers

The Presidential Election and Its Impact on Housing

Every four years people question what effect the Presidential election might have on the national housing market. Let’s take a look at what is currently taking place. The New York Times ran an article earlier this week where they explained:

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May 19, 2016/by KCM CREW

For Buyers, For Sellers, Infographics

Housing Market Snapshot [INFOGRAPHIC]

Some Highlights:

Home sales are up 1.5% year-over-year and 5.1% month-over-month.
Demand is still much higher than the available housing inventory which declined 2.2% from March 2015.
This is the 49th consecutive month with year-over-year price gains.

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May 13, 2016/by KCM CREW

The latest report from Freddie Mac shows that the 30-year fixed-rate mortgage averaged 3.61% last week, slightly down from the week before (3.66%), and nearly 20 points lower than a year ago (3.80%).

For Buyers, First-Time Buyers, Move-Up

Mortgage Rates Remain at Historic Lows

The latest report from Freddie Mac shows that the 30-year fixed-rate mortgage averaged 3.61% last week, slightly down from the week before (3.66%), and nearly 20 points lower than a year ago (3.80%).

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May 10, 2016/by KCM CREW

Spring is in full force; the summer months are right around the corner. If you are debating moving up to your dream home, here are four great reasons to consider listing your current home and moving up to your dream home now, instead of waiting.

For Buyers, Move-Up

4 Reasons to Move Up to Your Dream Home This Spring

Spring is in full force; the summer months are right around the corner. If you are debating moving up to your dream home, here are four great reasons to consider listing your current home and moving up to your dream home now, instead of waiting.

Read more →

May 9, 2016/by KCM CREW

For Buyers, Infographics

Americans Believe Real Estate is the Best Long-Term Investment [INFOGRAPHIC]

Some Highlights:

Real estate outranks stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans.
Real estate is ranked as the best long-term investment among all age groups.
Millennials rank both real estate and savings/CDs at 26% when it comes to the best long-term investment.

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May 6, 2016/by KCM CREW

With home prices expected to appreciate by over 5% this year, some are beginning to worry about a new housing bubble forming. Warren Buffet addressed this issue last week in an article by Fortune Magazine. He simply explained:

For Buyers, Home Prices, First-Time Buyers, Move-Up

Warren Buffett: There is No Housing Bubble

With home prices expected to appreciate by over 5% this year, some are beginning to worry about a new housing bubble forming. Warren Buffet addressed this issue last week in an article by Fortune Magazine. He simply explained:

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May 5, 2016/by KCM CREW

The Gallup organization recently released a survey in which Americans were asked to rank what they considered to be the “best long term investment.” Real estate ranked number one, with 35% of those surveyed saying it was a better long term investment than stocks & mutual funds, gold, savings accounts or bonds.

For Buyers, First-Time Buyers, Move-Up

Americans Rank Real Estate #1 Long Term Investment

The Gallup organization recently released a survey in which Americans were asked to rank what they considered to be the “best long term investment.” Real estate ranked number one, with 35% of those surveyed saying it was a better long term investment than stocks & mutual funds, gold, savings accounts or bonds.

Read more →

May 4, 2016/by KCM CREW

Three years ago, John Paulson gave a keynote address at the CNBC/Institutional Investor Conference. In his speech, he told those in attendance that he believes housing will continue its strong recovery for the next 4 to 7 years, saying that:

For Buyers, First-Time Buyers, Move-Up

Billionaire: Buy a Home… And if You Can, Buy a Second Home!

Three years ago, John Paulson gave a keynote address at the CNBC/Institutional Investor Conference. In his speech, he told those in attendance that he believes housing will continue its strong recovery for the next 4 to 7 years, saying that:

Read more →

May 2, 2016/by KCM CREW

For Buyers, Infographics

Investment Home Sales Rebound in 2015 [INFOGRAPHIC]

Some Highlights:

2015 marks the first year-over-year increase in investment home sales since 2011.
62% of all investment homes purchased were single family homes.
The South saw the highest percentage of investment home sales (39%) with the West coming in second (28%).

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April 29, 2016/by KCM CREW

The National Association of Realtors recently released their 2016 Investment and Vacation Home Buyers Survey. The survey revealed many characteristics of both vacation home purchasers and investors. Two weeks ago, we posted on the vacation home market. Today, we want to concentrate on the investor real estate market.

For Buyers, Home Prices

Investors: More Sales and Higher Prices

The National Association of Realtors recently released their 2016 Investment and Vacation Home Buyers Survey. The survey revealed many characteristics of both vacation home purchasers and investors. Two weeks ago, we posted on the vacation home market. Today, we want to concentrate on the investor real estate market.

Read more →

April 28, 2016/by KCM CREW

A survey by Ipsos found that the American public is still somewhat confused about what is actually necessary to qualify for a home mortgage loan in today’s housing market. The study pointed out two major misconceptions that we want to address today.

For Buyers, First-Time Buyers, Move-Up

One More Time… You Do Not Need 20% Down To Buy NOW

A survey by Ipsos found that the American public is still somewhat confused about what is actually necessary to qualify for a home mortgage loan in today’s housing market. The study pointed out two major misconceptions that we want to address today.

Read more →

April 26, 2016/by KCM CREW

The housing market is really heating up and buyer demand is dramatically increasing as we enter the spring season. However, one challenge to the current market is a major shortage of inventory. Below are a few comments made in the last month by industry experts.

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

Thinking of Selling? The Market Needs Your Listing!!

The housing market is really heating up and buyer demand is dramatically increasing as we enter the spring season. However, one challenge to the current market is a major shortage of inventory. Below are a few comments made in the last month by industry experts.

Read more →

April 20, 2016/by KCM CREW

In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States.

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

Buying a Home is 36% Less Expensive Than Renting Nationwide!

In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States.

Read more →

April 19, 2016/by KCM CREW

For Buyers, For Sellers, Infographics

Vacation Home Sales Reach 2nd Highest Mark Since 2006 [INFOGRAPHIC]

Some Highlights:

58% of vacation homes purchased were single family homes.
51% of vacation homes that were purchased were found online.
The median price of a vacation home is up 28% from 2014.

Read more →

April 15, 2016/by KCM CREW

For Buyers, Home Prices

Vacation Home Sales: Sales Down, Prices Up

The National Association of Realtors recently released their 2016 Investment and Vacation Home Buyers Survey. The survey revealed many characteristics of both vacation home purchasers and investors. Today, we want to concentrate on the vacation real estate market.

Read more →

April 14, 2016/by KCM CREW

Last week, the inaugural “Homebuyer Insights Report” was released by the Bank of America. The report revealed the reasons why consumers purchase homes and what their feelings are regarding homeownership.

For Buyers, First-Time Buyers, Move-Up

The Top Reasons Why Americans Buy Homes

Last week, the inaugural “Homebuyer Insights Report” was released by the Bank of America. The report revealed the reasons why consumers purchase homes and what their feelings are regarding homeownership.

Read more →

April 13, 2016/by KCM CREW

According to the BMO Harris Bank Home Buying Report, 52% of Americans say they are likely to buy a home in the next five years. Americans surveyed for the report said that they would be willing to pay an average of $296,000 for a home and would average a 21% down payment. The report also included other interesting revelations.

For Buyers, First-Time Buyers, Move-Up

Over Half of Americans Planning on Buying in the Next 5 Years

According to the BMO Harris Bank Home Buying Report, 52% of Americans say they are likely to buy a home in the next five years. Americans surveyed for the report said that they would be willing to pay an average of $296,000 for a home and would average a 21% down payment. The report also included other interesting revelations.

Read more →

April 12, 2016/by KCM CREW

In a study conducted by Builder.com, researchers determined that nationwide, it would take “nearly eight years” for a first-time buyer to save enough for a down payment on their dream home.

For Buyers, First-Time Buyers, Move-Up

You Can Save for a Down Payment Faster Than You Think

In a study conducted by Builder.com, researchers determined that nationwide, it would take “nearly eight years” for a first-time buyer to save enough for a down payment on their dream home.

Read more →

April 11, 2016/by KCM CREW

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

More & More Singles Are Falling For Their Dream Home [INFOGRAPHIC]

Some Highlights:

24% of all recent home buyers were single at the time of purchase.
47% of single men cite the desire to own a home of their own as the primary reason to buy.
18% of first-time buyers were single women.

Read more →

April 8, 2016/by KCM CREW

How Housing Matters is a joint project of the Urban Land Institute and the MacArthur Foundation. It is “an online resource for the most rigorous research and practical information on how a quality, stable, affordable home in a vibrant community contributes to individual and community success”.

For Buyers, First-Time Buyers, Move-Up

Building Wealth: First Rung on the Ladder is Housing

How Housing Matters is a joint project of the Urban Land Institute and the MacArthur Foundation. It is “an online resource for the most rigorous research and practical information on how a quality, stable, affordable home in a vibrant community contributes to individual and community success”.

Read more →

April 7, 2016/by KCM CREW

A few weeks ago, Jonathan Smoke, the Chief Economist at realtor.com, exclaimed: “All indicators point to this spring being the busiest since 2006.”

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

Real Estate: 2016 Will Be the Best Year in a Decade

A few weeks ago, Jonathan Smoke, the Chief Economist at realtor.com, exclaimed: “All indicators point to this spring being the busiest since 2006.”

Read more →

April 6, 2016/by KCM CREW

New & Existing Home Sales Climb [INFOGRAPHIC]

Some Highlights:

Where Are Home Values Headed Over the Next 5 Years?

When Is It A Good Time To Rent? Definitely NOT NOW!

Renting vs. Buying: What Does it Really Cost? [INFOGRAPHIC]

Some Highlights:

The Presidential Election and Its Impact on Housing

Housing Market Snapshot [INFOGRAPHIC]

Some Highlights:

Mortgage Rates Remain at Historic Lows

4 Reasons to Move Up to Your Dream Home This Spring

Americans Believe Real Estate is the Best Long-Term Investment [INFOGRAPHIC]

Some Highlights:

Warren Buffett: There is No Housing Bubble

Americans Rank Real Estate #1 Long Term Investment

Billionaire: Buy a Home… And if You Can, Buy a Second Home!

Investment Home Sales Rebound in 2015 [INFOGRAPHIC]

Some Highlights:

Investors: More Sales and Higher Prices

One More Time… You Do Not Need 20% Down To Buy NOW

Thinking of Selling? The Market Needs Your Listing!!

Buying a Home is 36% Less Expensive Than Renting Nationwide!

Vacation Home Sales Reach 2nd Highest Mark Since 2006 [INFOGRAPHIC]

Some Highlights:

Vacation Home Sales: Sales Down, Prices Up

The Top Reasons Why Americans Buy Homes

Over Half of Americans Planning on Buying in the Next 5 Years

You Can Save for a Down Payment Faster Than You Think

More & More Singles Are Falling For Their Dream Home [INFOGRAPHIC]

Some Highlights:

Building Wealth: First Rung on the Ladder is Housing

Real Estate: 2016 Will Be the Best Year in a Decade

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