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Future Home Prices: Expectations from the Experts

MacroMarkets has assembled a very distinguished panel of over 100 economists, investment strategists, and housing market analysts who are surveyed every month regarding their 5-year expectations for future home prices in the U.S. The report is the Home Price Expectations Survey. Their purpose for this undertaking? We are hopeful that this survey, and our panelists, will […]


How the Serenity Prayer Applies To Selling a Home

You may believe that selling your home will be impossible after all the news you have heard recently.  You may feel powerless to the process. What could YOU possibly do to turn this housing market around? There is no doubt that today’s real estate market is extremely difficult to navigate. However, we want you to […]


Sense of Urgency?

It’s been hard to fault home buyers who haven’t rushed to buy a home, now that there is no longer any Federal Tax Credit. I mean, if you read this blog with any consistency, we all know that home prices are going to continue to tumble, and there is no indication of interest rates climbing […]

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Everybody Calm Down. Armageddon Is NOT Upon Us!

CNBC report 9/2: “Pending sales of previously owned U.S. homes rose unexpectedly in July … suggesting a tax credit-related housing market decline was close to bottoming.”   ORIGINAL POST The new housing numbers have definitely been a major news story over the last 48 hours. The Dow dropped over 100 points on the announcement of July’s existing […]

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The Existing Home Sales Report Is In. Ugh!

We want to begin by saying there were absolutely no surprises in this month’s National Association of Realtors Existing Home Sales Report. Experts were calling for a dramatic fall off in volume and a substantial increase in month’s supply of inventory. Everyone now realizes that the tax credit actually pulled more demand forward than it […]


Are Modification Programs Actually Working?

One of the greatest threats to a housing recovery is the months’ supply of housing inventory available for sale. A normal market would have between 5-6 months inventory. We currently have 8.9 months of inventory and most experts believe that number will increase rather dramatically when the National Association of Realtors’ August Existing Housing Report […]


The Impact Housing Inventory Has on Prices

We attempt to explain the current real estate market both simply and effectively. We either create or search for great visuals or graphs that do just that. We have been trying to help our readers realize that real estate is just like any other industry: pricing will be determined by the theory of ‘supply and […]

A Few Recent Real Estate Surveys and Reports

Here are a few reports and surveys you may find interesting.-The KCM Crew Trulia’s American Dream Survey  Zillow’s Homeowner Confidence Survey RealtyTrac’s August Foreclosure Report NAR’s Study: Social Benefits of Homeownership and Stable Housing   . The KCM CrewWe believe every family should feel confident when buying & selling a home. KCM helps real estate […]

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NAR Says It’s Now About Supply and Demand

We have been discussing home prices in this blog for over a year. The principle of ‘supply and demand’ has been our rallying cry for the entire duration. Pricing of any item is determined by the number of items for sale in ratio to the number of purchasers looking to buy that item. Here is […]

Jumbo Mortgages Becoming More Available

While we still see a tightening of mortgage underwriting guidelines for many loan programs, or even an increase in costs associated with the FHA loan program, there has emerged an increased appetite for Jumbo Mortgages in the marketplace. Today, I’d like to discuss the “What?”, “Why?” and “How It Affects You?” of the evolving landscape. […]

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Where Are Home Prices Headed?

We are building a home for real estate information here at the KCM Blog. Our job is to accurately reflect what is taking place in the residential housing market in this country. The entire team takes this job very seriously. With the market evolving so rapidly, it has become a daunting task. We looked at […]

Will There Be a ‘Double Dip’ in Real Estate?

The biggest question looming over the economy overall and real estate specifically is whether or not we will experience a double dip. What exactly is a double dip? Robert Hall, chairman of the National Bureau of Economic Research, a group of academic economists that officially declares the starts and ends of recessions, says: “A double […]


Homeownership: It is STILL the American Dream

I believe very strongly in the importance of homeownership in this country. A home is much more than just a financial investment. It is a parents’ investment in their children. It is a family’s investment in their community. It is the people’s investment in America. I have written extensively on the fact that real estate […]

Favorite Blog Posts of the Last 30 Days

We know how busy everyone is. For that reason, here are our 5 most popular blog posts from the last 30 days (just in case you missed any of them). Have a great weekend! – The KCM Crew 5 Reasons Why You Should Buy a Home Today What Will My House Be Worth Next Month? […]

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The Best Real Estate Graph of the Year?

Here at the KCM Blog we attempt to bring clarity to a very confusing real estate market. There is news breaking every day and one report seems to contradict another. Today, we are going to take all the news available and put into a single graph. How do we propose to do that? By cheating […]

It’s the Economy, Stupid!

The original thinking was that the economy wouldn’t come back until there was a recovery in the housing market. It now seems that most experts are saying that there will be no recovery in the housing sector until our economy comes back. More specifically not until we begin creating jobs. But, when will that actually […]

Hire Superman, Not Clark Kent

You have decided to sell your home. You realize that, in this market, you need the skills of a real estate professional. You are about to start interviewing. You know what your goals are: Get the house sold Get the best price possible Sell the house in a certain timeframe Sell it with the least […]

Yet Another Reason To Buy NOW!

Last week, HUD announced their intention to change their insurance premiums, in order to raise HUD’s own reserves to cover anticipated losses and fund their operations. Let’s look at the impact on today’s home buyer, resulting from the changes which will go into effect on September 7th. The “spin” is that they are trying to […]


What Makes a Real Estate Professional?

People often ask us how they should determine with whom they should list their house. Aren’t real estate agents really all the same? Don’t they all do the same thing? Shouldn’t I just hire the one that charges me the lowest commission rate? The answer to each of these questions is NO! In any other […]

Will the Government Help Pay-Off YOUR Mortgage?

We reported (see below) on a Reuters article saying there was a rumor spreading from ‘Washington to Wall Street’ that the government was considering major cramdowns on the mortgages of ‘underwater’ homeowners. The World Street Journal reports that the rumor is just that – a rumor. The KCM CrewWe believe every family should feel confident when buying & […]

5 Common Mistakes Made When Financing a Home

You are about to enter into the largest financial commitment of your life- a home mortgage.  No two transactions are exactly alike.  Unfortunately, too many homebuyers do not take the necessary time and consideration they should in choosing the correct financing for their individual situation.  Your lender should take the time to ask you questions […]

Afraid of Foreclosure? Know Your Options

The economy has destroyed the financial stability of many households. More and more families are in fear of losing their home to foreclosure. We feel for these families. Steve Harney, a featured contributor, has shared his own personal story with us in an open letter to this blog where he proclaimed “there is always hope”. We […]


Supply Goes Up, Prices Come Down. It’s that Simple

The big question in real estate is what will happen with home prices over the next few months. The experts have already weighed-in predicting prices will probably take another dip down. The reasoning? Put simply, the inventory of homes on the market is greater than the demand for housing. Demand will remain stable at best. […]

What Was Your Reason for Selling in the First Place?

I realize that many of today’s sellers are forced to sell their homes because they have fallen on tough economic times. They need to ‘get out from under’ the financial burden of a mortgage they can no longer afford to pay. They might have very little equity or may even be in a negative equity […]