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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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Three Ways to Win in a Bidding War | MyKCM

Three Ways to Win in a Bidding War

By Cara Milgate | Sep 4, 2020

With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can put your best foot forward – quickly and efficiently – if you’re planning to buy a home this season. […]

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Should You Buy an Existing Home or New Construction?

By Cara Milgate | Aug 26, 2020

Finding the right home to purchase today is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction in your search process. It’s a great question to ask, and one to look at […]

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Homeownership Rate Continues to Rise in 2020 | MyKCM

Homeownership Rate Continues to Rise in 2020

By Cara Milgate | Jul 31, 2020

So far, it’s been quite a ride this year, and our nation has truly seen its fair share of hurdles. From COVID-19 to record unemployment and then the resulting recession, just to name a few, the second quarter of 2020 has had more than a few challenges. Amidst the many roadblocks, however, the U.S. homeownership […]

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Guidance and Support Are Key When Buying Your First Home | MyKCM

Guidance and Support Are Key When Buying Your First Home

By Cara Milgate | Jul 31, 2020

In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR): “The share of first-time buyers increased in March through June—right into the heart of the pandemic period and the surge in unemployment—and is now trending […]

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Thinking of Selling Your House? Now May be the Right Time | MyKCM

Thinking of Selling Your House? Now May be the Right Time

By Cara Milgate | Jul 31, 2020

Inventory is arguably the biggest challenge for buyers in today’s housing market. There are simply more buyers actively looking for homes to purchase than there are sellers selling them, so the scale is tipped in favor of the sellers. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), total housing inventory is down […]

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