Selling

July 23, 2021

3 Charts That Show This Isn’t a Housing Bubble

3 Charts That Show This Isn’t a Housing Bubble | MyKCM

With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons.

1. The housing market isn’t driven by risky mortgage loans.

Back ...

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July 14, 2021

Why This Isn’t Your Typical Summer Housing Market

Why This Isn’t Your Typical Summer Housing Market | MyKCM

In real estate, it’s normal to see ebbs and flows in the market. Typically, the summer months are slower-paced than the traditionally busy spring. But this isn’t a typical summer. As the economy rebounds and life is returning to normal, the real estate market is expected to have an unusually ...

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July 9, 2021

June Highlights!

July 2, 2021

What To Expect as Appraisal Gaps Grow

What To Expect as Appraisal Gaps Grow | MyKCM

In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association of Realtors (NAR). Shawn Telford, Chief Appraiser at CoreLogic ...

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June 18, 2021

Don’t Wait To Sell Your House

Don’t Wait To Sell Your House | MyKCM

We’re in the ultimate sellers’ market right now. If you’re a homeowner thinking about selling, you have a huge advantage in today’s housing market. High buyer demand paired with very few houses for sale makes this the optimal time to sell for those who are ready to do so. Whatever ...

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June 8, 2021

May Real Estate Highlights!

April 6, 2021

March Real Estate Highlights!

Insights!

Unemployment dropped to 6% in March. A big win for the economy and housing!

Average weekly wages increased 4.2% year-over-year.

Many investors have bought properties with thin margins in hopes that the market would go up and it's been working well.

According to a study, the 2 Colorado ...

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March 24, 2021

Should We Fear the Surge in Cash-Out Refinances?

Should We Fear the Surge in Cash-Out Refinances? | MyKCM

Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance, as defined by Investopia, is:

“a mortgage refinancing option in which an old mortgage is ...

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March 19, 2021

To Renovate or Not To Renovate Before You Sell

To Renovate or Not To Renovate Before You Sell | MyKCM

When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal market ...

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Feb. 5, 2021

January Real Estate Highlights!

Insights!

There’s was a 5.4% increase in building materials in 2020 for new construction thus pushing prices up. Some builders are increasing their prices monthly. A buyer that gets under contract now may see their equity before they even move in.

DACA returns to HUD and now an FHA ...
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