February Articles

Jan. 30, 2017

Sales at Highest Pace in 10 Years! [INFOGRAPHIC]

Sales at Highest Pace in 10 Years! [INFOGRAPHIC] | MyKCM

Highlights:

  • 5.45 million existing homes were sold in 2016! This is the highest mark set since 2006.
  • Inventory of existing homes for sale dropped to a 3.6-month supply, the lowest level since NAR began tracking in 1999.
  • The median price of homes sold in December was $232,200 ...
View More
Posted in February Articles
Jan. 16, 2017

Prices Rose 7.1% Year-Over-Year [INFOGRAPHIC]

Prices Rose 7.1% Year-Over-Year [INFOGRAPHIC] | MyKCM

Some Highlights:

  • CoreLogic’s latest Home Price Index shows that prices rose by 7.1% across the United States year-over-year.
  • With mortgage interest rates rising in the short term, CoreLogic believes price appreciation will slow to 4.7% by this time next year.
  • 49 out of 50 states, and the District ...
View More
Posted in February Articles
Jan. 16, 2017

Why Pre-Approval Should Be Your First Step

Why Pre-Approval Should Be Your First Step | MyKCM

In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is ...

View More
Posted in February Articles
Jan. 12, 2017

Top 3 Things Second-Wave Baby Boomers Look for in a Home

 

Top 3 Things Second-Wave Baby Boomers Look for in a Home | MyKCM

According to data from the U.S Census bureau, there are approximately 76.4 million baby boomers living in the United States today. Contrary to what many think, there are very different segments within this generation, and one piece that sets them apart are their housing needs.

John McManus ...

View More
Posted in February Articles
Jan. 12, 2017

If Your Home Hasn't Sold Yet... Check the Price!

The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand has remained strong throughout the winter as many real estate professionals are reporting bidding wars with many homes selling above listing price. What about your ...

View More
Posted in February Articles