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Selling Your House Is the Right Move, Right Now [INFOGRAPHIC] | MyKCM

Selling Your House Is the Right Move, Right Now [INFOGRAPHIC]

By Cara Milgate | Nov 11, 2020

Some Highlights Demand from homebuyers has skyrocketed this year, which means today’s sellers are poised to win big. This ideal moment in time to sell your house won’t last forever, though. With more sellers coming to the market in the spring, waiting until next year means buyers will have more choices, so your home may not stand […]

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Two Important Impacts of Home Equity | MyKCM

Two Important Impacts of Home Equity

By Cara Milgate | Nov 11, 2020

Equity continues to rise, helping American homeowners secure a much more stable financial future. According to the most recent data from CoreLogic, the average homeowner gained $9,800 in equity over the past year. In addition, experts project 2020 home prices to continue rising. With prices going up, equity gains will also keep accelerating. Black Knight just reported: “The annual percent […]

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How Down Payment Assistance Opens the Door to Homeownership | MyKCM

How Down Payment Assistance Opens the Door to Homeownership

By Cara Milgate | Nov 11, 2020

Many people are eager to buy a home right now while affordability continues to be a highlight of the current housing market. However, a recent survey by Sparks Research shows that 20% of first-time homebuyers cite a lack of financial education as a barrier to homeownership. This is definitely understandable. If you don’t feel comfortable with the financial process of buying […]

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Buyer Interest Is Growing among Younger Generations | MyKCM

Buyer Interest Is Growing among Younger Generations

By Cara Milgate | Nov 11, 2020

The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall. However, 2020 is anything but a normal year, and the housing market is no exception. Lawrence Yun, Chief Economist for the National Association of […]

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Three Ways Low Inventory Is a Win for Sellers | MyKCM

Three Ways Low Inventory Is a Win for Sellers

By Cara Milgate | Nov 11, 2020

The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors (NAR): “There is no shortage of hopeful, potential buyers, but inventory is historically low.” When the demand for homes is higher than what’s available for sale, it’s a great […]

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It’s Not Just About the Price of the Home | MyKCM

It’s Not Just About the Price of the Home

By Cara Milgate | Sep 4, 2020

When most of us begin searching for a home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts the purchase. It’s not just the price of the house that matters, but the overall cost in the long run. Today, that’s largely impacted by low mortgage rates. Low rates […]

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Builders & Realtors Agree: Real Estate Is Back | MyKCM

Builders & Realtors Agree: Real Estate Is Back

By Cara Milgate | Sep 4, 2020

When shelter-in-place orders brought the economy to a screeching halt earlier this year, many believed the residential housing market would follow suit. Countless analysts predicted buyer demand would disappear and home values would depreciate for the first time in almost a decade. That, however, didn’t happen. It appears the opposite is taking place. After the […]

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Why Is It so Important to Be Pre-Approved in the Homebuying Process? | MyKCM

Why Is It so Important to Be Pre-Approved in the Homebuying Process?

By Cara Milgate | Sep 4, 2020

You may have heard that pre-approval is a great first step in the homebuying process. But why is it so important? When looking for a home, the temptation to fall in love with a house that’s outside your budget is very real. So, before you start shopping around, it’s helpful to know your price range, what you’re […]

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The Cost of Renting Vs. Buying a Home [INFOGRAPHIC] | MyKCM

The Cost of Renting Vs. Buying a Home [INFOGRAPHIC]

By Cara Milgate | Sep 4, 2020

Some Highlights The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise. This is making buying a home an increasingly attractive option for many people, especially with low mortgage rates driving purchasing power. Let’s connect if you’d like expert guidance on exploring your homebuying options while affordability is […]

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