Housing Update: Demand Up, Supply Down, Prices Increasing
Earlier this week, the National Association of Realtors (NAR) released their latest quarterly report. The report covered three important aspects of the housing market:
Buyer Demand
Supply of Housing Inventory
Single Family Residential Prices
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KCM CREW
You Want to Raise My Rent How Much?
We recently reported that investment purchases in 2014 fell 7.4% for the year, that combined with a diminished supply of distressed inventory allowing for big profits, has real estate investors looking for a new way to make more money in 2015.
So ...
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KCM CREW
The Truth About Rising Prices & Family Wealth
The National Association of Realtors (NAR) recently released a report revealing that the growing wealth gap in this country has been impacted by the recent increases in real estate values coupled with the drop in homeownership rates. The report discl...
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KCM CREW
Attaining the American Dream: The 5 Financial Reasons to Buy
We have reported many times that the American Dream of homeownership is alive and well. The personal reasons to own differ for each buyer, with many basic similarities.
Eric Belsky, the Managing Director of the Joint Center of Housing Studies at H...
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KCM CREW
Homeownership Still a Great Investment
Four recent news articles confirmed that most Americans still see real estate as a great long term investment. The Gallup organization polled the American people and discovered that they believe that real estate is a better long term investment than ...
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KCM CREW
Easy Chicken Little: Homeownership Rates Are NOT Crashing
The Census recently released their 2015 Q1 Homeownership Statistics, and many began to worry that Americans have taken a step back from the notion of homeownership.
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KCM CREW
Homeowners: We Need to Sell Your House Twice
Every house on the market has to be sold twice; once to a prospective buyer and then to the bank (through the bank’s appraisal). In a housing market where supply is very low and demand is very high, home values increase rapidly. One major challenge i...
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KCM CREW
4 Reasons To Move-Up 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 buying today instead of waiting.
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KCM CREW
The Deal of the Century??
Recently, Freddie Mac published a blog post titled Mortgage Rates: Still the Deal of the Century. They explained that, if you are planning to purchase a home, now may be the time:
“If you are in the market to buy a home, today's average mortgage...
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KCM CREW
This Advice on Homeownership Hasn’t Changed in 200 Years
Last month, we reported that billionaire John Paulson believes in the financial advantages of homeownership. He has often repeated:
"I think, from an individual perspective, the best deal investment you can make is to buy a primary residence tha...
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KCM CREW
There’s No Place Like Home
Last week, we reported on the financial reasons purchasing a home in today’s market makes sense. The Joint Center for Housing Studies at Harvard University performs a study every year surveying participants for the reasons that American’s feel are mo...
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KCM CREW
Home Sales Skyrocketing!!
Yesterday, the National Association of Realtors (NAR) released their Existing Home Sales Report. The numbers shocked many analysts as they revealed a 10.4% increase over the same month last year.
This is the highest number of sales since Septe...
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KCM CREW
Good News for ‘Typical’ Home Buyers
In a speech delivered earlier this year, Secretary for HUD Julián Castro, called 2015 “A Year of Housing Opportunity”. A recent report by The National Association of Realtors (NAR) revealed that investment home sales decreased 7.4% in 2014 to an ...
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KCM CREW
Housing Market: Freddie Mac Remains Optimistic
The April 2015 U.S. Economic & Housing Market Outlook from Freddie Mac revealed that they are optimistic about the real estate market in 2015. As a matter of fact, the sub-title of the report was “Great Expectations”.
What made Freddie Mac...
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KCM CREW
I Need A VACATION... Home! [INFOGRAPHIC]
Some Highlights:
- Vacation Home Sales were up 57.4% in 2014
- 1.13 Million Vacation Homes Sold
- 2014 marked the highest level of sales in the U.S. since 2003
Does Homeownership Make Sense Financially?
Everyone knows the social advantages of home ownership. However, some question the financial benefits of owning a home. Three recent studies shed some light on the issue.
RealtyTrac recently released a report comparing home price appreciation ...
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KCM CREW
Desire to Own a Vacation Home Growing
The National Association of Realtors just released their 2015 Investment and Vacation Home Buyers Survey which revealed that vacation home sales boomed in 2014 to above their most recent peak level in 2006.
NAR Chief Economist Lawrence Yun sai...
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KCM CREW
3 Questions to Ask Yourself Before Buying A Home
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 estat...
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KCM CREW
Is Getting a Mortgage Getting Easier?
There has been a lot of discussion about how difficult it is to get a home mortgage in this market. There is no doubt that the process is not as easy as it was eight to ten years ago and that’s probably good news. However, it does appear that ava...
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KCM CREW
Housing Market is Healthiest in Years!
According to Nationwide’s recently unveiled, Health of Housing Market (HoHM) Report, the US housing market is at it’s healthiest levels since the index’s creation in 2001.
The index analyzes the health of the housing market across the country ...
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KCM CREW
Pending Sales Surge: Great Sign for the Housing Market
The most recent Pending Homes Sales Index from the National Association of Realtors revealed that homes going into contract in February increased to their highest level since June 2013.
The Pending Home Sales Index is a leading indicator for t...
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KCM CREW