December 2018 Articles

Dec. 6, 2018

Wage Increases Make Home Buying More Affordable

 

Wage Increases Make Home Buying More Affordable | MyKCM

Everyone knows that housing affordability has been negatively impacted by rising prices and increasing mortgage rates, but there is another piece to the affordability equation – wages.

How much a family earns obviously impacts how easy or difficult it is for them to afford to own a home. Because ...

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Dec. 6, 2018

7 Reasons to List Your House For Sale This Holiday Season

 

7 Reasons to List Your House for Sale This Holiday Season | MyKCM

Every year at this time there are many homeowners who decide to wait until after the holidays to list their homes for the first time, while others who already have their homes on the market decide to take them off until after the holidays.

Here are seven great reasons ...

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Dec. 6, 2018

The #1 Reason to Not Wait Until Spring to Sell Your House

 

The #1 Reason to Not Wait Until Spring to Sell Your House | MyKCM

Many sellers believe that spring is the best time to place their homes on the market because buyer demand traditionally increases at that time of year, but what they don’t realize is that if every homeowner believes the same thing, then that is when they will have the most ...

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Dec. 6, 2018

24% of Renters Believe Winter is the Best Time to Buy a Home

 

24% of Renters Believe Winter is the Best Time to Buy a Home | MyKCM

In real estate, the spring is often seen as the ideal time to buy or sell a house. The term “Spring Buyer’s Season” exists for a reason, as renters and those looking to move on from their current home thaw out from the winter and hit the market ready ...

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Dec. 6, 2018

Homeowners Aged 65+ Have 48x More Net Worth Than Renters

 

Homeowners Aged 65+ Have 48x More Net Worth Than Renters | MyKCM

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data covers responses from 2013-2016.

The study revealed that the median net worth of a homeowner was $231,400 – a 15% increase ...

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Dec. 6, 2018

4 Reasons to Buy A Home This Winter!

 

4 Reasons to Buy A Home This Winter! | MyKCM

Here are four great reasons to consider buying a home today instead of waiting.

1. Prices Will Continue to Rise

CoreLogic’s latest Home Price Insight report revealed that home prices have appreciated by 5.6% over the last 12 months. The same report predicts that prices will continue to ...

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