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MARKET UPDATE

Aug. 3, 2020

Where is real estate headed

Where Is the Housing Market Headed for the Rest of 2020? [INFOGRAPHIC]

Where Is the Housing Market Headed in 2020? [INFOGRAPHIC] | MyKCM

Some Highlights:

  • The housing market is forecasted to finish the year with growing strength.
  • Historically low mortgage rates are creating great potential for homebuyers, and home sales are on the rise.
  • If you’re thinking of buying or selling ...
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July 23, 2020

Home Sales Hit a Record-Setting Rebound

Home Sales Hit a Record-Setting Rebound

Home Sales Hit a Record-Setting Rebound | MyKCM

With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home Sales Report from the National Association of ...

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July 23, 2020

Home Sales Hit a Record-Setting Rebound

Home Sales Hit a Record-Setting Rebound

Home Sales Hit a Record-Setting Rebound | MyKCM

With a worldwide health crisis that drove a pause in the economy this year, the housing market was greatly impacted. Many have been eagerly awaiting some bright signs of a recovery. Based on the latest Existing Home Sales Report from the National Association of ...

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July 16, 2020

Does Your Home Have What Buyers Are Looking For?

Does Your Home Have What Buyers Are Looking For?

Does Your Home Have What Buyers Are Looking For? | MyKCM

There’s great opportunity for today’s homeowners to sell their houses and make a move, yet due to the impact of the ongoing health crisis, some sellers are taking their time coming back to the market. According to Javier Vivas,  ...

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July 8, 2020

Best Time to Sell? When Competition Is at an All-Time Low

Best Time to Sell? When Competition Is at an All-Time Low

Best Time to Sell? When Competition Is at an All-Time Low | MyKCM

In a recent survey of home sellers by Qualtrics, 87% of respondents said they were concerned their home won’t sell because of the pandemic and resulting economic recession. Of the respondents, 51% said they are “seriously worried.” That ...

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June 23, 2020

What Are the Experts Saying About Future Home Prices?

What Are the Experts Saying About Future Home Prices?

What Are the Experts Saying About Future Home Prices? | MyKCM

A worldwide pandemic and an economic recession have had a tremendous effect on the nation. The uncertainty brought about by both has made predicting consumer behavior nearly impossible. For that reason, forecasting home prices has become extremely difficult.

Normally, there’s a ...

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June 10, 2020

Stunning Home on Golf Course

May 19, 2020

Housing Market Positioned to Bring Back the Economy

Housing Market Positioned to Bring Back the Economy

Housing Market Positioned to Bring Back the Economy | MyKCM

All eyes are on the American economy. As it goes, so does the world economy. With states beginning to reopen, the question becomes: which sectors of the economy will drive its recovery? There seems to be a growing consensus that ...

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May 12, 2020

Unemployment Report: No Need to Be Terrified

Unemployment Report: No Need to Be Terrified

Unemployment Report: No Need to Be Terrified | MyKCM

Last Friday, the Bureau of Labor Statistics (BLS) released its latest jobs report. It revealed that the economic shutdown made necessary by COVID-19 caused the unemployment rate to jump to 14.7%. Many anticipate that next month the percentage could be even ...

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Posted in MARKET UPDATE
May 11, 2020

Insider National Real Estate News

Insider National Real Estate News

What the experts are saying
This is my favorite slide from he experts because it shows that of all the major financial institutions only one, Wells Fargo does not see a positive recovery in the next quarter, All expect economy to be back by the ...
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