April Articles

May 2, 2017

15,014 Homes Sold Yesterday… Did Yours?

15,014 Homes Sold Yesterday… Did Yours? | MyKCM

There are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is... If it hasn't sold yet, maybe it's not priced properly.

After all, 15,014 houses sold ...

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Posted in April Articles
May 2, 2017

Homes are Selling Fast Across the Country [INFOGRAPHIC]

Homes are Selling Fast Across the Country [INFOGRAPHIC] | MyKCM

Some Highlights:

  • The National Association of REALTORS® surveyed their members for their monthly Confidence Index.
  • The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales ...
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Posted in April Articles
May 2, 2017

Measuring Your Ability to Achieve the American Dream

Measuring Your Ability to Achieve the American Dream | MyKCM

Forbes.com recently released the results of their new American Dream Index, in which they measure “the prosperity of the middle class, and…examine which states best support the American Dream.”

The monthly index measures several different economic factors, including goods-producing employment, personal and commercial bankruptcies, building permits, startup ...

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Posted in April Articles
April 5, 2017

Home Prices Up 6.15% Across the Country! [INFOGRAPHIC]

 

Home Prices Up 6.15% Across the Country! [INFOGRAPHIC] | MyKCM

Some Highlights:

  • The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
  • In the report, home prices are compared both regionally and by state.
  • Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up ...
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Posted in April Articles
April 5, 2017

Consumer Confidence in Economy & Housing is Soaring

 

Consumer Confidence in Economy & Housing is Soaring | MyKCM

The success of the housing market is strongly tied to the consumer’s confidence in the overall economy. For that reason, we believe 2017 will be a great year for real estate. Here is just a touch of the news coverage on the subject.

HousingWire:

“Consumers’ faith in the housing ...

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Posted in April Articles
March 24, 2017

How Low Supply & High Demand Impacts the Real Estate Market [INFOGRAPHIC]

 

How Low Supply & High Demand Impacts the Real Estate Market [INFOGRAPHIC] | MyKCM

Some Highlights:

  • The concept of Supply & Demand is a simple one. The best time to sell something is when the supply of that item is low & the demand for that item is high!
  • Anything under a 6-month supply is a Seller’s Market!
  • There has not been a ...
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Posted in April Articles
March 22, 2017

Don’t Let Your Luck Run Out [INFOGRAPHIC]

 

Don’t Let Your Luck Run Out [INFOGRAPHIC] | MyKCM

Some Highlights:

  • The “Cost of Waiting to Buy” is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time.
  • Freddie Mac predicts that interest rates will increase to 4.8% by this time next ...
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Posted in April Articles
March 22, 2017

Which Homes Have Appreciated the Most?

 

Which Homes Have Appreciated the Most? | MyKCM

Home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 7.1%. CoreLogic, in their most recent Home Price Insights Report, reveals that national home prices ...

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Posted in April Articles
March 22, 2017

A Tale of Two Markets: Inventory Mismatch Paints a More Detailed Picture

 

A Tale of Two Markets: Inventory Mismatch Paints a More Detailed Picture | MyKCM

The inventory of existing homes for sale in today’s market was recently reported to be at a 3.6-month supply according to the National Association of Realtors latest Existing Home Sales Report. Inventory is now 7.1% lower than this time last year, marking the 20th ...

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Posted in April Articles
March 22, 2017

Spring Forward: The Difference An Hour Makes [INFOGRAPHIC]

 

Spring Forward: The Difference An Hour Makes [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Don’t forget to set your clocks forward this Sunday, March 12th at 2:00 AM EST in observance of Daylight Savings Time.
  • Unless of course, you are a resident of Arizona or Hawaii!
  • Every hour in the United States: 649 homes are sold, 177 homes regain ...
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Posted in April Articles