Market Updates

June 3, 2019

Mexican Tariff Will Hurt Home Builders

Who knew? 

I just read an article from Realtor Magazine that was titled Experts: Mexican Tariff Would hurt housing affordability. 

I suppose I did not think about it but the tariff proposed by Donald Trump on products imported from Mexico can affect Real Estate, especially in the sale ...

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Feb. 19, 2019

2019 Will Be a Great Year for Buyers AND Sellers?

2019 Will Be a Great Year for Buyers AND Sellers

2019 Will Be a Great Year for Buyers AND Sellers | MyKCM

Many homeowners believe that rising interest rates and home prices have scared away buyers and therefore have not listed their houses for sale. However, the truth is that buyers who were unable to find a home last year are out ...

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Posted in Market Updates
Dec. 20, 2018

4 Quick Reasons NOT to Fear a Housing Crash?

4 Quick Reasons NOT to Fear a Housing Crash

4 Quick Reasons NOT to Fear a Housing Crash | MyKCM

There is a lot of uncertainty regarding the real estate market heading into 2019. That uncertainty has raised concerns that we may be headed toward another housing crash like the one we experienced a decade ago.

Here are four reasons why ...

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Posted in Market Updates
Dec. 7, 2018

Buyer market or Seller market

The Tale of Two Markets [INFOGRAPHIC]

The Tale of Two Markets [INFOGRAPHIC] | MyKCM

Some Highlights:

  • An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices!
  • Inventory continues to rise ...
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Posted in Market Updates
Dec. 4, 2018

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

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 ...

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Posted in Market Updates
Nov. 30, 2018

Home Prices Up 6.34% Across the Country! ?

Home Prices Up 6.34% Across the Country! 

Home Prices Up 6.34% Across the Country! [INFOGRAPHIC] | MyKCM

Some Highlights:

  • The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
  • In the report, home prices are compared both regionally and by state.
  • Based on the latest numbers, if you plan on relocating to ...
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Nov. 8, 2018

2 Myths Holding Back Home Buyers?

2 Myths Holding Back Home Buyers

2 Myths Holding Back Home Buyers | MyKCM

Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability,” which revealed that,

“Consumers often think they need to put more money down to purchase a home than is actually required. In a 2017 survey ...

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Oct. 25, 2018

Where are Home Values Headed over the Next Few Years?

Where are Home Values Headed over the Next Few Years?

Where are Home Values Headed over the Next Few Years? | MyKCM

There are many questions about where home prices will be next year as well as where they may be headed over the next several years to come. We have gathered the most reliable sources to help answer these questions:

The ...

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Posted in Market Updates
Oct. 4, 2018

Are We About to Enter a Buyers' Market??

Are We About to Enter a Buyers' Market?

Are We About to Enter a Buyers’ Market? | MyKCM

Home sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has some thinking we may be entering a buyers’ market after sellers have had the upper hand for ...

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Oct. 4, 2018

Are We About to Enter a Buyers' Market??

Are We About to Enter a Buyers' Market?

Are We About to Enter a Buyers’ Market? | MyKCM

Home sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has some thinking we may be entering a buyers’ market after sellers have had the upper hand for ...

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