Smart Advice About Your Credit

Quick Tip Today: Be aware that companies you do business with may sell your credit information. Now, many of the people buying the names and addresses of people who have given their credit information are legitimate marketing companies who are searching for a particular target audience. But lately, there is a rise of not-so-legitimate people […]

Spring Market Looks VERY Promising

The Spring market is upon us. Professionals across the country are reporting that buyer activity is very strong. Purchasers are beginning to realize that this is one of the greatest times in American real estate to buy a home. There are basically four reasons for this: They realize that it is the COST of the […]

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More Affordable To Buy in 98% of Major Metros

Last week, Trulia released their Winter 2012 Rent vs. Buy Index. In the index, they report that: “After years of home price declines and tightening rental markets, home ownership is now more affordable than renting in all but two of the 100 largest metros – even in expensive real estate markets such as New York, […]

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Enough Said!!

Click on the image for the article. The KCM CrewWe believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how […]

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First Time Buyers: The Stats [INFOGRAPHIC]

Different style. Tell us what you think.

Spring Has Sprung

Here comes Spring, historically the time of year when buyers awake from the winter slumber of the holidays and snowfall, and go on their pilgrimage to look for new housing. Houses look better in Spring with green grass, blooming trees, and flowers. Plus, buyers who find a home in the next 60 days can close […]

Rents Rising as Rental Availability Shrinks

Because of the challenges in the current economy, many families have either decided to rent or been forced to rent. How has this impacted rental options and the cost of the available options? HousingWire recently quoted Paul Dales, senior economist with Capital Economics: “As a consequence of Americans being less willing and less able to […]

Even a 14-Year-Old Knows It’s Time to Buy

We try to give our readers great real estate information each and every day. This information is usually in the form of analysis of the most current reports and studies on housing. We almost never use anecdotal stories. Today, we are making an exception because we were moved by this story. Willow Tufano is a […]

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Buying a Home? The COST Is More Important Than the PRICE

We have often advised buyers to look at the COST of purchasing a house more than the PRICE of the home. Obviously, price is part of the cost equation. The other piece, assuming you are not an all cash buyer, is the mortgage rate. The mortgage rate to finance a purchase can have a dramatic […]

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The KCM CrewWe believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!

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2.6M of Shadow Inventory To Be Resolved [INFOGRAPHIC]

March Madness for Real Estate and Mortgages

It’s the time of year when the so-called experts tell you how to fill out your brackets for college basketball. The frenzy has been coined March Madness. Well, in the mortgage industry, we are seeing a frenzy of headlines, offers of so-called expert advice, and an unusually high level of buzz around real estate and […]

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REO to Rental Program: Its Impact on the Housing Market

There has been much talk about the government selling bulk foreclosures which will be converted into rentals. What will this actually mean to the housing market? For the answer to that question, we go directly to the 2/28/2012 Senate testimony of the person making the decisions on this subject: Edward J. DeMarco, Acting Director of […]

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Is the Housing Market Actually Recovering?

Everyone wants to know if the housing market is truly showing signs of a recovery. There are conflicting headlines every day. One day, we hear sales are up. The next day it is reported that prices are down. Is the real estate market coming back? The answer is ‘yes’ and ‘no’. There are two aspects […]

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Negative Equity in the U.S. [INFOGRAPHIC]

Another Refi Boom?

There have been a few developing (and some already existing) programs that are worth mentioning, as the newspaper headlines applaud the opportunity. With interest rates remaining at near historic lows for quite some time, many people have been unable to take advantage of these rates because of problems in securing a high enough appraised value. […]

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Real Estate Commissions: You Get What You Pay For

Does it make sense to pay a full commission to your real estate agent in today’s market? Sellers, buyers and even agents are debating what should be charged to assist a consumer in completing a real estate transaction. Forget what the actual amount of the commission is. The bigger question is whether you should pay […]

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Negative Equity Increasing

Last Week, CoreLogic released their Negative Equity Report for the fourth quarter of 2011. The report delivered some important news. Let’s go over the key findings in the report. What Is Negative Equity? When a home’s current value is less than the existing mortgage on that home, the house is said to be in a […]

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Months Shadow Inventory by State [INFOGRAPHIC]

Months Supply Shadow Inventory by State

Attention Readers: At the end of last year, we posted a graphic showing Shadow Inventory levels for each state. This graphic is a much more accurate measure.

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House Sales in the U.S. [INFOGRAPHIC]

HUD Increases Costs Effective April

In a move to increase their financial standing (and to get the FHA back into required capital requirements), on Monday, HUD announced their anticipated increases in the premiums they charge borrowers. Simply stated, the cost of borrowing is going up. FHA loans, by design, are more liberal in their underwriting guidelines than most conventional loan […]